Oromocto First Nation

Financial data for Oromocto First Nation for fiscal year 2015-16. Oromocto First Nation is a First Nation in New Brunswick with a registered population of 904 and an on-reserve population of 356. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2015-16

Visual breakdown of Oromocto First Nation's revenue sources and how funds were spent during fiscal year 2015-16.

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Financial Summary FY 2015-16

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.82M deficit
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$17.28M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$19.10M
Total expenses in FY 2015-16

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2015-16.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$4.52M
As of fiscal year end 2015-16
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$8.61M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$4.09M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$6.26M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$2.49M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2015-16.

PositionNameMonthsSalaryHonorariaExpensesOtherTotal
ChiefShelley Sabattis12$72,300$12,000$33,664$0$117,964
ChiefJoseph Sacobie6$57,600$6,000$13,565$0$77,165
CouncillorTerry Paul6$21,600$3,000$6,613$0$31,213
CouncillorRyan Atwin6$23,400$12,000$9,555$0$44,955
CouncillorShirley Sacobie6$26,500$0$5,950$0$32,450
CouncillorChris Atwin6$23,400$12,000$7,512$0$42,912
CouncillorAllan Sabattis6$23,400$9,000$13,751$0$46,151
CouncillorAndrew Levi12$47,700$12,000$8,697$0$68,397
Total$295,900$66,000$99,307$0$461,207

This schedule is unaudited. Prepared by: Teed Saunders Doyle & Co.

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.