Aklavik

Financial data for Aklavik for fiscal year 2017-18. 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 2017-18

Visual breakdown of Aklavik'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.
$276K deficit
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$635K
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$911K
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.
$1.38M
As of fiscal year end 2017-18
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$343K
As of fiscal year end 2017-18
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$5K
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$1.05M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsSalariesHonorariaExpenses2018 Total2017 TotalTotal
ChiefEdwin Greenland12$45,600$2,250$1,533$49,383$28,721$49,383
ChiefDanny Greenland8$0$0$0$0$67,000$0
sub-ChiefGladys Edwards (sub-Chief)12$0$1,250$0$1,250$0$1,250
CouncilorAndrew Charlie12$0$2,000$0$2,000$1,250$2,000
CouncilorGladys Edwards$0$0$0$0$1,250$0
CouncilorRandy Edwards12$0$2,100$0$2,100$5,352$2,100
CouncilorMichael Greenland12$0$1,750$0$1,750$1,250$1,750
CouncilorEdwin Greenland$0$0$0$0$0$0
CouncilorRoxanne John12$0$1,250$0$1,250$1,000$1,250
CouncilorTerry John Semple12$0$1,750$0$1,750$1,000$1,750
Total$45,600$12,350$1,533$59,483$106,823$59,483

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.