K'ómoks First Nation

Financial data for K'ómoks First Nation for fiscal year 2013-14. K'ómoks First Nation is a First Nation in British Columbia with a registered population of 353 and an on-reserve population of 104. 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 K'ómoks 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.
$3.16M surplus
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$5.71M
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$2.55M
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.
$15.88M
As of fiscal year end 2013-14
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$2.08M
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$12.73M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving K'ómoks First Nation.

ClaimStatusLast UpdateTotal Payments
Comox and Back Road
(Band previous name: Comox). Alleges that reserve land was unlawfully taken by the Province of BC for road purposes.
Concluded
No Lawful Obligation Found
May 2011
-
Condensory Road
(Band previous name: Comox). Alleges that reserve land was unlawfully taken by the Province of BC for road purposes.
Settled
Settled through Negotiations
Mar 2023
$2.11M
Goose Spit IR 3
(Band previous name: Comox). Inadequate compensation for occupation of land on Goose Spit IR 3 for military purposes from 1896 to 1980.
Settled
Settled through Negotiations
Apr 2014
$739K
Pentledge I.R. 2 Logging Right of Way
(Band previous name: Comox). The FN alleged that Canada breached its lawful obligation with respect to the creation and monitoring of two loggings right of way on Pentledge I.R. 2.
Invited to Negotiate
Active
Dec 2021
-
Lomas Defalcation
Alleges the unlawful taking of funds, resulting from logging operations, by Indian Agent Alfred H. Lomas during the period 1925 to 1929.
Settled
Settled through Negotiations
May 2019
$496K
Reserve Access Goose Spit IR 3
Alleges Canada breached its legal obligations to the K'ómoks First Nation by not ensuring the provision of reasonable access - by road - to the Goose Spit IR 3, resulting in K'ómoks First Nation being denied the full use and benefit of Goose Spit IR 3 from 1980 until present day.
Invited to Negotiate
Active
Aug 2020
-
Kus-Kus-Sum Village Site
Canada breached its lawful obligation to the K'ómoks First Nation when it failed to establish a reserve at the Kus-Kus-Sum fishing village and to protect the settlement from pre-emption.
Invited to Negotiate
Active
Aug 2024
-
Total$3.35M

Remuneration and Expenses

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

PositionNameMonthsRemunerationExpensesTotal
Chief CouncilorR. Everson12$55,200$8,151$63,351
CouncilorB. Mitchell12$19,560$2,082$21,642
CouncilorK. Price12$47,990$1,471$49,461
CouncilorM. Quocksister12$35,873$3,011$38,884
Total$158,623$14,715$173,338

This schedule is unaudited. Prepared by: Moeller & Company

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.