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Wagmatcook

Financial data for Wagmatcook for fiscal year 2019-20. Wagmatcook is a First Nation in Nova Scotia with a registered population of 931 and an on-reserve population of 732. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2019-20

Visual breakdown of Wagmatcook's revenue sources and how funds were spent during fiscal year 2019-20.

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Financial Summary FY 2019-20

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.90M surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$25.87M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$23.98M
Total expenses in FY 2019-20

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2019-20.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$2.89M
As of fiscal year end 2019-20
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$13.85M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$37.15M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$38.02M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2019-20.

PositionNameMonthsHonoraria ExpenseEmployment SalaryPublic Works ContractsOther PaymentsTotalTravel Expenses
Chief/Education Maintenance ManagerNorman Bernard12$78,300$63,008$0$1,100$142,408$16,658
Councilor/Bus DriverTommy Peck12$56,256$34,019$0$2,100$92,375$5,031
Councilor/Bus Driver/ContractorPeter Pierro12$56,256$34,019$124,574$1,500$216,349$3,803
CouncilorLester Peck12$56,256$19,800$0$600$76,656$4,596
Councilor/TeacherCornelia Peck12$56,256$53,135$0$1,400$110,791$6,944
Councilor/Guardian/ContractorJason Pierro12$56,256$27,014$27,399$7,092$117,761$5,575
Councilor/Social Development OfficerKim Deny12$56,256$48,080$0$1,500$105,836$15,086
CouncilorJamie Joe Peck12$56,256$0$0$15,098$71,354$5,362
Total$472,092$279,075$151,973$30,390$933,530$63,055

This schedule is unaudited. Prepared by: MNP LLP

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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.

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