Fort Severn

Financial data for Fort Severn for fiscal year 2016-17. Fort Severn is a First Nation in Ontario with a registered population of 725 and an on-reserve population of 554. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2016-17

Visual breakdown of Fort Severn's revenue sources and how funds were spent during fiscal year 2016-17.

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Financial Summary FY 2016-17

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.81M surplus
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$14.97M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.16M
Total expenses in FY 2016-17

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2016-17.

Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$3.19M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$18.67M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$16.37M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Fort Severn.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
Alleges a TLE shortfall of 6,346 acres or 9.9 square miles pursuant to Treaty 9.
Invited to Negotiate
Active
Nov 2016
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2016-17.

PositionNameMonthsSalaryPension / BenefitsTotalTravelTotal
ChiefCrowe, Joseph3$30,738$0$30,738$682$30,738
ChiefBurke, Paul9$60,745$1,549$62,294$8,328$62,294
Deputy ChiefBluecoat, Betty3$21,133$0$21,133$0$21,133
Deputy ChiefKoostachin, Christopher9$41,362$3,894$45,256$1,340$45,256
CouncillorMiles, Angus3$19,940$1,930$21,870$247$21,870
CouncillorStoney, Roy3$17,290$1,689$18,979$0$18,979
CouncillorBluecoat, Dennis9$33,869$0$33,869$1,051$33,869
CouncillorMiles, Linda9$37,615$0$37,615$1,969$37,615
CouncillorThomas, Andrew9$33,869$0$33,869$0$33,869
Total$296,561$9,062$305,623$13,617$305,623

This schedule has been audited. Prepared by: Tony Gauthier, CPA, CA

Sources

Financial data is sourced from annual reports published under the First Nations Financial Transparency Act (FNFTA). Data is extracted using automated processes and may contain errors. If you notice any issues, please contact us.