Glooscap First Nation

Financial data for Glooscap First Nation for fiscal year 2017-18. Glooscap First Nation is a First Nation in Nova Scotia with a registered population of 439 and an on-reserve population of 101. 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 Glooscap First Nation's revenue sources and how funds were spent during fiscal year 2017-18.

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Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.47M surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$8.64M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$7.18M
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.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$10.76M
As of fiscal year end 2017-18

Remuneration and Expenses

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

PositionNameMonthsRemuneration (Note 1)Expenses (Note 1)Total
ChiefSidney Peters12$127,155$20,151$147,306
CouncillorJean Labradore-Powers12$94,518$1,549$96,067
CouncillorLarry Peters12$94,518$14,214$108,732
CouncillorLynwood Peters12$94,359$6,920$101,279
Total$410,550$42,834$453,384

This schedule is unaudited. Prepared by: BDO Canada 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.