Horse Lake First Nation

Financial data for Horse Lake First Nation for fiscal year 2021-22. Horse Lake First Nation is a First Nation in Alberta with a registered population of 1,428 and an on-reserve population of 530. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2021-22

Visual breakdown of Horse Lake First Nation's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$735K deficit
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$18.23M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$18.97M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$73.55M
As of fiscal year end 2021-22
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$36.45M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$76.08M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Horse Lake First Nation.

ClaimStatusLast UpdateTotal Payments
1928 Surrender
Alleged 1928 surrender of its reserve was improper.
Settled
Settled through Negotiations
Mar 2001
$125.11M
1932 Transfer of Road Allowances
Alleged improper transfer of land in 1932 to Province of Alberta for road purposes. Transfered land had been surrendered in 1928 (Surrender is at issue in another claim).
Settled
Settled through Negotiations
Mar 2001
-
Ammunition and Twine Provisions of Treaty 8
Alleges a failure to distribute ammunition and twine provisions for the period of 1899 to 1952, failing to maintain proper records and accounts regarding the expenditure and distribution of ammunition and twine, failing to prevent abuse by trading companies, and failing to increase ammunition and twine distributions over time to reflect inflation.
Settled
Settled through Negotiations
Aug 2021
$2.19M
Treaty Land Entitlement
Alleges an insufficient allotment of reserve land pursuant to the terms of Treaty 8.
Invited to Negotiate
Active
Dec 2023
-
Agricultural Benefits Provisions of Treaty 8
Alleges breach of legal and fiduciary obligations by failing to provide agricultural benefits pursuant to Treaty 8, to maintain proper records and accounts of the expenditures and distribution of agricultual benefits, to recognize the obligation to provide agricultural benefits as distinct from the provision of benefits as relief and by failing to provide agricultural benefits in an amount and at a rate sufficient adjusted for inflation over time.
Settled
Settled through Negotiations
Mar 2021
$57.79M
TOPGAS and OMAC
Alleges that Canada failed to monitor and reject unlawful deductions of revenue from oil and gas agreements, namely TOPGAS and OMAC, resulting in significantly lower royalties paid and losses owing to the Horse Lake First Nation.
Settled
Settled through Negotiations
Apr 2020
$964K
Total$186.06M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsHorse Lake First Nation SalariesHorse Lake First Nation HonorariaHorse Lake First Nation TravelTotal
ChiefRamona Horseman$179,563$10,202$82,107$271,872
CouncillorCameron Horseman$151,984$4,000$58,161$214,145
CouncillorDallas Ferguson$152,274$4,500$56,664$213,438
CouncillorChantille Petroski$65,026$2,000$17,495$84,521
CouncillorBruce Horseman$63,984$5,500$21,312$90,796
CouncillorNathan Horseman$85,684$2,500$20,466$108,650
CouncillorMark Petroski$85,684$2,000$22,376$110,060
Total$784,199$30,702$278,581$1,093,482

This schedule has been audited. Prepared by: Crowe MacKay 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.