Lower Nicola

Financial data for Lower Nicola for fiscal year 2014-15. Lower Nicola is a First Nation in British Columbia with a registered population of 1,551 and an on-reserve population of 535. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2014-15

Visual breakdown of Lower Nicola's revenue sources and how funds were spent during fiscal year 2014-15.

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Financial Summary FY 2014-15

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.68M surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$14.61M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$12.93M
Total expenses in FY 2014-15

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2014-15.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$11.83M
As of fiscal year end 2014-15
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$6.06M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$26.15M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Lower Nicola.

ClaimStatusLast UpdateTotal Payments
Graveyard and Settlements
Claim alleges that several graveyards and settlements were not set aside as indian reserves.
Concluded
No Lawful Obligation Found
Aug 2011
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2014-15.

PositionNameMonthsRemuneration [Note 2]Expenses [Note 3]Total
CouncillorArthur Dick12$58,800$803$59,603
ChiefAaron Sam12$66,000$25,143$91,143
CouncillorClyde Sam12$20,980$235$21,215
CouncillorMolly Toodlican12$19,900$0$19,900
CouncillorHarold Joe12$19,900$0$19,900
CouncillorRobert Sterling12$20,725$0$20,725
CouncillorClarence Basil Jr.12$19,900$1,523$21,423
CouncillorNicholas Peterson12$37,271$8,725$45,996
Total$263,476$36,429$299,905

This schedule is unaudited. Prepared by: REID HURST NAGY INC.

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.