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Wasagamack First Nation

Financial data for Wasagamack First Nation for fiscal year 2019-20. 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 2019-20

Visual breakdown of Wasagamack First Nation'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.
$39.92M surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$70.22M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$30.30M
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.
$23.96M
As of fiscal year end 2019-20
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$25.71M
As of fiscal year end 2019-20
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$1.75M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$39.20M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$126.13M
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 2019-20.

PositionNameMonthsRemunerationExpensesTotal
ChiefGary Knott12$67,300$17,200$84,500
CouncillorBobby Knott5$19,500$3,220$22,720
CouncillorBruce Harper4$12,648$4,910$17,558
CouncillorEli Harper12$46,500$7,720$54,220
CouncillorJonas Harper12$46,764$7,810$54,574
CouncillorJoseph Harper6$23,113$2,360$25,473
CouncillorOlivia McDougall12$46,500$17,370$63,870
CouncillorRonald Mason5$18,000$3,710$21,710
CouncillorWalter Harper12$46,603$15,610$62,213
Total$326,928$79,910$406,838

This schedule is unaudited. Prepared by: Baker Tilly HMA LLP

View Other Fiscal Years

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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.

Download Full Financial Report (PDF)