Lower Kootenay
Financial data for Lower Kootenay for fiscal year 2022-23. Lower Kootenay is a First Nation in British Columbia with a registered population of 254 and an on-reserve population of 122. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.
Revenue and Expenses FY 2022-23
Visual breakdown of Lower Kootenay's revenue sources and how funds were spent during fiscal year 2022-23.
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Financial Summary FY 2022-23
Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$15.15M surplus
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$23.43M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$8.28M
Total expenses in FY 2022-23
Statement of Financial Position
Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.
Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$45.73M
As of fiscal year end 2022-23
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$20.74M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$53.55M
Total accumulated surplus
Land Claims
Historical and ongoing land claims involving Lower Kootenay.
| Claim | Status | Last Update | Total Payments |
|---|---|---|---|
Land Reclamation Revised in June, 1985, alleged Canada breached its fiduciary obligation concerning a 50 year lease of 1,800 acres of reserve land in 1934. | Other | File Closed Jan 1997 | - |
Lower Kootenay IR 1A Alleged lands promised to it in 1908 were never set aside for its use and benefit. | Settled | Settled through Negotiations Jun 1989 | $4.69M |
IR 1 Bedlington & Nelson Railway Alleges illegal taking of reserve lands, failure to minimize impairment and to obtain adequate compensation for the 28.5 acres used by the Bedlington-Nelson Railway. | Concluded | No Lawful Obligation Found Aug 2013 | - |
Establishment of the Porthill Highway on IR 1 Alleges a breach of fiduciary and statutory obligations when the province took a portion of IR 1 without lawful authority and compensation for road purposes. | Settled | Settled through Negotiations Oct 2020 | $1.38M |
1930's and 1950's Improvements to the Porthill Highway on IR 1 Alleges a breach of fiduciary and statutory obligations when the province took additional lands from IR1 for the 1930's and 1950's improvements to the Porthill Highway without lawful authority. | Settled | Settled through Negotiations Jan 2023 | $550K |
1955 Riverview Road Taking on Creston IR 1 Alleges Canada breached its statutory and fiduciary duties by transferring 2.59 acres of reserve land to British Columbia for road purposes without legal authority; without minimizing impairment; and without obtaining compensation. | Invited to Negotiate | Active Sep 2023 | - |
Mallory and Old Branch Roads on Creston IR No. 1 Alleges that portions of the Mallory and Old Branch roads on Creston IR No. 1 were taken without lawful authority, without minimizing the impact on the Band or obtaining full and fair compensation. | Invited to Negotiate | Active Dec 2020 | - |
1940 Establishment of Kootenay River and Putnam Roads on IR 1C Alleges Canada exceeded its authority when it transferred to the Province of British Columbia 12.8 acres of Creston IR 1C for the establishment of the Kootenay River and Putnam Roads and did so without compensation. | Invited to Negotiate | Active Sep 2023 | - |
1950 Revision of Kootenay River Road on Creston IR 1C The Band alleges the Crown had no lawful authority to allow the Province to expropriate 1.3 acres of Creston IR 1C for the Kootenay River Road in 1950, and not to provide compensation to the Band for the land lost. | Invited to Negotiate | Active Dec 2021 | - |
1968 Revision of Kootenay River Road on Creston IR 1C The Band submits it did not receive full compensation for land Canada transferred to the Province in 1968 for the revision of the Kootenay River Road on Creston IR 1C. | Invited to Negotiate | Active Sep 2023 | - |
Duck Lake Road on IR 5 Alleges illegal lease, taking and disposition of a 66-foot Reserve land parcel for road purposes, damages from construction of Duck Lake Road No. 90, (a.k.a No. 6090), likely built in the mid-1950s on I.R. No. 5, 500-acre Lower Kootenay Reserve, without consultation or compensation to the First Nation. | Invited to Negotiate | Active Sep 2023 | - |
1934 Surrender-Lease The First Nation alleges that Canada breached its fiduciary and statutory duties during the 1934 surrender and lease of approximately 1,920 acres of land within IR Nos. 1C, 2, 3 and 5 as well as the subsequent loss of hay related benefits associated with said lands. | Invited to Negotiate | Awaiting Response Jul 2024 | - |
IR 2 Crowsnest Highway Alleges that the 1936 Airport Road, which was widened and straightened in the 1950s to become the Crowsnest Highway, was unlawfully constructed through IR 2, occupying more land than was necessary for its construction and improvements without consultation, compensation, or returning unused acreage to the First Nation. | Under Assessment | Justice Department Preparing Legal Opinion Sep 2024 | - |
| Total | $6.62M | ||
Remuneration and Expenses
Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2022-23.
| Position | Name | Months | Remuneration [Note 2] | Expenses [Note 3] | Total |
|---|---|---|---|---|---|
| Chief | Jason Louie | 12 | $51,413 | $2,147 | $53,560 |
| Councilor | Sandra Luke | 9 | $3,322 | $0 | $3,322 |
| Councilor | Josie Fullarton | 12 | $12,506 | $0 | $12,506 |
| Councilor | Robert Louie | 5 | $4,523 | $0 | $4,523 |
| Councilor | Cherie Luke | 12 | $12,506 | $0 | $12,506 |
| Councilor | Chad Luke | 3 | $2,886 | $0 | $2,886 |
| Councilor | Robin Louie | 3 | $0 | $0 | $0 |
| Total | $87,156 | $2,147 | $89,303 |
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.
