Wagmatcook

Financial data for Wagmatcook for fiscal year 2022-23. 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 2022-23

Visual breakdown of Wagmatcook's revenue sources and how funds were spent during fiscal year 2022-23.

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Financial Summary FY 2022-23

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$3.22M surplus
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$33.00M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$29.78M
Total expenses in FY 2022-23

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$18.81M
As of fiscal year end 2022-23
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$4.95M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$42.82M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$52.56M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2022-23.

PositionNameMonthsHonoraria ExpenseEmployment SalaryOther PaymentsTotalTravel Expenses
Chief/Education Maintenance ManagerNorman Bernard12$78,300$86,827$21,425-$9,158
CouncilorTommy Peck12$56,256$38,632$21,933-$2,149
CouncilorPeter Pierro12$56,256$38,632$559,252-$1,489
Councilor/TeacherCornelia Peck12$56,256$60,341$1,950-$2,527
Councilor/Social Development AdministratorKim Denny12$56,256$55,184$2,999-$8,191
Councilor/ContractorEvan Googoo9$39,942$33,273$5,030-$3,473
Councilor/Deck HandTravis Isadore9$39,942$13,780$6,346-$2,149
Councilor/Cultural LiasionAngela Pierro9$39,942$21,893$4,919-$4,415
Councilor/Public worksRichard Pierro9$39,942$40,943$31,287-$2,268
Councilor/ContractorLester Peck3$16,314$1,938$28,248-$0
Councilor/Guardian/ContractorJason Pierro3$16,314$8,940$20,175-$0
Councilor/Deck HandJamie Joe Peck3$16,314$9,184$27,978-$1,841
Total$512,034$409,567$731,542$0$37,660

This schedule is unaudited. Prepared by: MNP LLP

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.