Nazko First Nation

Financial data for Nazko First Nation for fiscal year 2017-18. Nazko First Nation is a First Nation in British Columbia with a registered population of 435 and an on-reserve population of 129. 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 Nazko First Nation'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.
$777K deficit
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$3.60M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$4.37M
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.
$1.21M
As of fiscal year end 2017-18
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$9.19M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$8.04M
As of fiscal year end 2017-18

Land Claims

Historical and ongoing land claims involving Nazko First Nation.

ClaimStatusLast UpdateTotal Payments
BC Cut-Off Lands (SPLIT #08)
Alienation of reserve land arising from decisions of the McKenna-McBride Commission in 1916.
Settled
Settled through Negotiations
Feb 2000
$10K
Fishpot Lake Reserve Allotment
Alleges breach of fiduciary duty and duty of care in that Canada used the Nazko FN's interest in the Fishpot reserve as a negotiating tool with the province, resulting in a reduction of the reserve by Ditchburn-Clark.
Invited to Negotiate
Active
Jul 2023
-
IR 20 Nazko Road #59 Improper Taking
Alleges failure to prevent or obtain compensation for repeated trespasses and illegal taking of reserve lands for road and hydro purposes by the Province since at least 1964.
Concluded
No Lawful Obligation Found
Aug 2012
-
Punchaw Lake Lands
Alleges breaches of statutory and fiduciary duties during the reserve-creation process by failing to set aside the Punchaw Lake Lands for the Blackwater Band and by failing to prevent pre-emptions.
Concluded
No Lawful Obligation Found
Feb 2017
-
Total$10K

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2017-18.

PositionNameMonths(Note 2) Remuneration $(Note 3) Expenses $Total
ChiefStuart Alec12$77,750$8,510$86,260
CouncillorDelores Alec12$71,625$9,098$80,723
CouncillorRacheal Chantyman12$72,919$14,095$87,014
Total$222,294$31,703$253,997

This schedule is unaudited. Prepared by: Brent Bursey & Company 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.