Aklavik

Financial data for Aklavik for fiscal year 2016-17. Aklavik is a First Nation in Northwest Territories with a registered population of 446 and an on-reserve population of 254. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2016-17

Visual breakdown of Aklavik's revenue sources and how funds were spent during fiscal year 2016-17.

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Financial Summary FY 2016-17

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$273K deficit
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$697K
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$969K
Total expenses in FY 2016-17

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2016-17.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$1.69M
As of fiscal year end 2016-17
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$6K
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$1.37M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2016-17.

PositionNameMonthsSalariesHonorariaExpenses2017 Total2016 TotalTotal
ChiefDanny Greenland8$54,438$2,000$10,562$67,000$98,049$67,000
ChiefEdwin Greenland4$21,600$3,250$3,871$28,721$0$28,721
CouncilorAndrew Charlie12$0$1,250$0$1,250$1,750$1,250
CouncilorGladys Edwards12$0$1,250$0$1,250$1,250$1,250
CouncilorRandy Edwards12$0$2,250$3,102$5,352$1,250$5,352
CouncilorMichael Greenland12$0$1,250$0$1,250$2,925$1,250
CouncilorEdwin Greenland0$0$0$0$0$750$0
CouncilorRoxanne John4$0$1,000$0$1,000$0$1,000
CouncilorTerry John Semple4$0$1,000$0$1,000$0$1,000
Total$76,038$13,250$17,535$106,823$105,974$106,823

This schedule has been audited. Prepared by: KPMG 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.