Fort Folly

Financial data for Fort Folly for fiscal year 2022-23. 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 2022-23

Visual breakdown of Fort Folly's revenue sources and how funds were spent during fiscal year 2022-23.

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Financial Summary FY 2022-23

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.99M surplus
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$6.67M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$4.68M
Total expenses in FY 2022-23

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$5.98M
As of fiscal year end 2022-23

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2022-23.

PositionNameMonthsRemuneration (Note 2)Honorariums (Note 2)Expenses (Note 2)Total
ChiefRebecca Knockwood12$111,458$12,000$6,253$129,711
CouncillorJolyne Knockwood12$0$12,000$3,000$15,000
CouncillorMichael Knockwood12$0$12,000$4,629$16,629
Total$111,458$36,000$13,882$161,340

This schedule has been audited. Prepared by: Doane 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.