Musqueam

Financial data for Musqueam for fiscal year 2020-21. Musqueam is a First Nation in British Columbia with a registered population of 1,496 and an on-reserve population of 795. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2020-21

Visual breakdown of Musqueam's revenue sources and how funds were spent during fiscal year 2020-21.

Loading...

Financial Summary FY 2020-21

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$352K deficit
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$39.79M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$40.14M
Total expenses in FY 2020-21

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2020-21.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$221.40M
As of fiscal year end 2020-21
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$19.71M
As of fiscal year end 2020-21
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$82.05M
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$349.26M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Musqueam.

ClaimStatusLast UpdateTotal Payments
Capilano I.R. #5 -Bouillon Lands
Alleged unextinguished rights to the Capilano I.R. #5, allotted to the Squamish FN, and should share in any settlement.
Other
File Closed
Dec 2002
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2020-21.

PositionNameMonthsMCC Honorarium (Note 1)Band Honorarium (Note 1)Expenses (Note 1)Total
ChiefWayne Sparrow12$26,500$90,000$0$116,500
CouncillorHoward E. Grant12$0$50,000$0$50,000
CouncillorMichele Point12$0$30,000$0$30,000
CouncillorMorgan Guerin9$0$21,250$0$21,250
CouncillorNolan Charles12$15,500$30,000$0$45,500
CouncillorNora Stogan9$0$21,250$0$21,250
CouncillorTammy Harkey12$0$50,001$0$50,001
CouncillorAllyson Fraser12$22,250$50,069$0$72,319
CouncillorWendy John9$0$49,583$0$49,583
CouncillorGordon W. Grant12$0$30,000$0$30,000
CouncillorRosalind Campbell12$0$77,144$0$77,144
CouncillorJordan Point3$0$10,000$0$10,000
CouncillorRichard Sparrow3$0$10,000$0$10,000
CouncillorBrett Sparrow3$0$10,000$0$10,000
Total$64,250$529,297$0$593,547

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.