Skwlax te Secwepemculecw
Financial data for Skwlax te Secwepemculecw for fiscal year 2017-18. Skwlax te Secwepemculecw is a First Nation in British Columbia with a registered population of 389 and an on-reserve population of 241. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.
Revenue and Expenses FY 2017-18
Visual breakdown of Skwlax te Secwepemculecw's revenue sources and how funds were spent during fiscal year 2017-18.
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Financial Summary FY 2017-18
Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.36M surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$20.58M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$19.23M
Total expenses in FY 2017-18
Statement of Financial Position
Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.
Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$14.65M
As of fiscal year end 2017-18
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$7.85M
As of fiscal year end 2017-18
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$6.81M
Financial liabilities less financial assets
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$32.38M
Total accumulated surplus
Land Claims
Historical and ongoing land claims involving Skwlax te Secwepemculecw.
| Claim | Status | Last Update | Total Payments |
|---|---|---|---|
CPR Right of Way on Chum IR 2 The FN alleges breaches of Canada's statutory duty, fiduciary duty and duty of care to the Little Shuswap Indian Band through 1) the unlawful taking of 32.92 acres of reserve land for CPR right of way and station grounds, 2) improper lease of land for a gravel crushing plant, 3) failure to require a surrender for the railway taking, and 4) failure to secure adequate compensation. (Band previous name: Little Shuswap Lake) | Invited to Negotiate | Active May 2025 | - |
Hwy Expropriation IR's 1 - 2 - 4 Alleged unlawful taking of reserve land for highway purposes. (Band previous name: Little Shuswap Lake) | Invited to Negotiate | Awaiting Response Jul 2015 | - |
I. R. No. 5 Highway Expropriation Alleged improper taking and compensation regarding provincial highway across North Bay I.R. No. 5. (Band previous name: Little Shuswap Lake) | Invited to Negotiate | Awaiting Response Jul 2012 | - |
North Bay IR #5 Alleges that an improper survey led to a failure to include a large portion of land which had been allotted by the Joint Reserve Commission in 1877. (Band previous name: Little Shuswap Lake) | Invited to Negotiate | Active May 2025 | - |
North Bay IR #5 CPR The Band submits that Canada owes an outstanding lawful obligation to compensate the Band for the disposition of its reserve land to CPR. (Band previous name: Little Shuswap Lake) | Under Assessment | Justice Department Preparing Legal Opinion Mar 2013 | - |
Salmon Arm Reserves - Subdivision Alleged unlawful subdivision of two reserves established by the Joint Indian Reserve Commission to be held in common by the Little Shuswap Band and two other bands. (Band previous name: Little Shuswap Lake) | Concluded | No Lawful Obligation Found Mar 2011 | - |
Scotch Creek IR 4 Survey Scotch Creek IR 4 survey error. (Band previous name: Little Shuswap Lake) | Concluded | No Lawful Obligation Found May 2011 | - |
Scotch Creek IR #4 1960 Inadequate Rent Alleges a breach of fiduciary obligation arising from Canada's approval of inadequate rental rates resulting from the lease of 60 lakefront lots on Scotch Creek IR 4. (Band previous name: Little Shuswap Lake) | Concluded | No Lawful Obligation Found Jan 2018 | - |
Scotch Creek IR #4 1967 - 1976 Inadequate Rent Alleges a breach of fiduciary obligation arising from Canada's approval of inadequate rental rates resulting from the lease of 60 lakefront lots on Scotch Creek IR 4. (Band previous name: Little Shuswap Lake) | Settled | Settled through Negotiations Mar 2021 | $1.64M |
Scotch Creek IR #4 Lakeland Contract: Return of Funds Alleges that Canada breached its fiduciary obligation to the First Nation when it allowed an unnecessary payment of $1,580.00 from Band funds to reimburse the Lakeland Company Ltd. (Band previous name: Little Shuswap Lake) | Settled | Settled through Negotiations Mar 2021 | $98K |
11.05 AC for Roadways from IR 2 in 1922 (Band previous name: Little Shuswap Lake) The First Nation alleges that Canada breached its statutory and fiduciary duties by allowing the taking of 11.05 acres of Chum Creek IR 2 land for road purposes without proper authority or proper compensation. | Invited to Negotiate | Awaiting Response Oct 2025 | - |
| Total | $1.74M | ||
Remuneration and Expenses
Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2017-18.
| Position | Name | Months | Remuneration [Note 2] | Expenses [Note 3] | Total |
|---|---|---|---|---|---|
| CHIEF | Oliver Arnouse | 12 | $66,275 | $12,798 | $79,073 |
| COUNCILLOR | Dale Tomma | 12 | $61,177 | $12,292 | $73,469 |
| COUNCILLOR | Wes Francois | 12 | $61,177 | $29,813 | $90,990 |
| Total | $188,629 | $54,903 | $243,532 |
This schedule has been audited. 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.
