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Lyackson

Financial data for Lyackson for fiscal year 2018-19. Lyackson is a First Nation in British Columbia with a registered population of 234 and an on-reserve population of 34. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2018-19

Visual breakdown of Lyackson's revenue sources and how funds were spent during fiscal year 2018-19.

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Financial Summary FY 2018-19

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$153K surplus
Balance for FY 2018-19
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$1.20M
Total revenue in FY 2018-19
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$1.04M
Total expenses in FY 2018-19

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2018-19.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$1.83M
As of fiscal year end 2018-19
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$69K
As of fiscal year end 2018-19
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$391K
As of fiscal year end 2018-19
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$2.18M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Lyackson.

ClaimStatusLast UpdateTotal Payments
Reserve Allotment
Alleges a breach of fiduciary duty by failing correct a surveyor error which excluded clearings and cultivated fields from Reserve.
Concluded
No Lawful Obligation Found
Nov 2015
-
IR 3 Garner (TL 261) Logging
The First Nation alleges Canada had a lawful obligation to protect the timber on their reserve for the use of the First Nation.
Invited to Negotiate
Active
Jul 2021
-
Valdes Island Reserve Creation
Alleges a breach of the obligation of reserve-creation through the failure to reserve the 6148-acre Valdes Island, including village sites and the lands needed to sustain village life.
Under Assessment
Justice Department Preparing Legal Opinion
Sep 2024
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2018-19.

PositionMonthsWages and benefitsHonorariaTravelTotal
Collective Staff/Employees$414,929--$414,929
Collective Chief and Council-$44,294-$44,294
Collective Officials and Staff--$55,396$55,396
Total$414,929$44,294$55,396$514,619

This schedule has been audited. Prepared by: Palmer Leslie

View Other Fiscal Years

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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.

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