Fort Folly

Financial data for Fort Folly for fiscal year 2014-15. Fort Folly is a First Nation in New Brunswick with a registered population of 140 and an on-reserve population of 33. 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 Fort Folly'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.
$387K surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$2.28M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$1.90M
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.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$1.51M
As of fiscal year end 2014-15

Remuneration and Expenses

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

PositionNameMonthsRemuneration (Note 2)Honorariums (Note 2)Expenses (Note 2)Total
ChiefRebecca Knockwood12$70,204$12,000$2,672$84,876
CouncillorJoseph Knockwood12$0$12,000$3,153$15,153
CouncillorMichael Knockwood12$0$12,000$2,932$14,932
Total$70,204$36,000$8,757$114,961

This schedule is unaudited. Prepared by: Grant Thornton 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.