McDowell Lake

Financial data for McDowell Lake for fiscal year 2013-14. McDowell Lake is a First Nation in Ontario with a registered population of 63 and an on-reserve population of 24. 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 McDowell Lake'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.
$112K surplus
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$481K
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$368K
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.
$4.04M
As of fiscal year end 2013-14
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$107K
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$111K
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsRemuneration (Note 2,4)Expenses (Note 3, 4)Total
ChiefEli James12$20,000$12,021$32,021
CouncillorAlbert James12$10,135$11,241$21,376
CouncillorEllen Keno12$10,300$2,492$12,792
Total$40,435$25,754$66,189

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.