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War Lake First Nation

Financial data for War Lake First Nation for fiscal year 2013-14. War Lake First Nation is a First Nation in Manitoba with a registered population of 335 and an on-reserve population of 151. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2013-14

Visual breakdown of War Lake First Nation's revenue sources and how funds were spent during fiscal year 2013-14.

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Financial Summary FY 2013-14

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$284K surplus
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$3.87M
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$3.59M
Total expenses in FY 2013-14

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2013-14.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$916K
As of fiscal year end 2013-14
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$2.80M
As of fiscal year end 2013-14
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$1.89M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$10.25M
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$8.49M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving War Lake First Nation.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
Unfulfilled treaty land entitlement pursuant to Treaty 5. This First Nation is a signatory to the Manitoba TLE Framework Agreement.
Settled
Settled through Negotiations
May 1999
$174K
Total$174K

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2013-14.

PositionNameMonthsRemunerationExpensesTotal
Current ChiefBetsy Kennedy12$49,709$49,522$99,231
CouncillorPhilip Morris12$42,740$44,130$86,870
-Thomas Nepitabo12$42,609$50,625$93,234
Current ChiefBetsy Kennedy12$49,709$32,595$82,304
CouncillorPhilip Morris12$40,970$39,118$80,088
-Thomas Nepitabo8$31,137$24,812$55,949
Former CouncillorRaymond Spence4$12,499$14,887$27,386
Total$269,373$255,689$525,062

This schedule is unaudited. Prepared by: Holukoff Chiarella Chartered Accountants

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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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