Wasagamack First Nation

Financial data for Wasagamack First Nation for fiscal year 2017-18. Wasagamack First Nation is a First Nation in Manitoba with a registered population of 2,299 and an on-reserve population of 1,984. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2017-18

Visual breakdown of Wasagamack First Nation's revenue sources and how funds were spent during fiscal year 2017-18.

Loading...

Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$14.20M surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$38.93M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$24.73M
Total expenses in FY 2017-18

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$6.56M
As of fiscal year end 2017-18
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$10.01M
As of fiscal year end 2017-18
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$3.45M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$37.66M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$45.51M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Wasagamack First Nation.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
Unfulfilled treaty land entitlement pursuant to Treaty 5.
Settled
Settled through Negotiations
Mar 1994
$2.16M
Total$2.16M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2017-18.

PositionNameMonthsRemunerationExpensesTotal
ChiefAlex McDougall12$59,800$22,433$82,233
CouncillorMartin Harper12$39,000$22,655$61,655
CouncillorViolet Harper12$39,000$9,427$48,427
CouncillorBobby Knott12$39,000$32,785$71,785
CouncillorEli Harper12$39,000$4,568$43,568
CouncillorWalter Harper12$39,000$15,077$54,077
CouncillorJoseph Harper12$39,000$22,520$61,520
Total$293,800$129,465$423,265

This schedule is unaudited. Prepared by: Collins Barrow HMA 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.