Gull Bay

Financial data for Gull Bay for fiscal year 2013-14. Gull Bay is a First Nation in Ontario with a registered population of 1,678 and an on-reserve population of 405. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2013-14

Visual breakdown of Gull Bay's revenue sources and how funds were spent during fiscal year 2013-14.

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Financial Summary FY 2013-14

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$709K deficit
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$4.92M
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$5.63M
Total expenses in FY 2013-14

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2013-14.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$2.31M
As of fiscal year end 2013-14
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$6.78M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$9.85M
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$3.14M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Gull Bay.

ClaimStatusLast UpdateTotal Payments
Boundary Claim
Leagues to miles. Non-fulfillment of Robinson Superior treaty with respect to the boundaries of Gull River Reserve.
Concluded
No Lawful Obligation Found
Sep 2011
-
Highway 527
FN alleges that Canada failed to protect the best interests of the claimants during the expropriation of portions of IR #55 by Ontario for the construction of Highway 527.
Concluded
No Lawful Obligation Found
May 2011
-
Hydro
FN alleges breach of fiduciary obligation relating to damages caused by flooding of the reserve IR #55 as a result of the damming of the Nipigon River by the Hydro Electric Power Company of Ontario.
Invited to Negotiate
Active
Mar 2014
-
Timber Royalties
Breaches of fiduciary obligation related to timber harvesting on the Gull River I.R. No. 55 from approximately 1919 to 1926: failure to secure surrender for timber harvesting, to secure best price and appropriate compensation, ensure FN had clear understanding of terms of licenses, and best represent the FN in negotiations.
Settled
Settled through Negotiations
Mar 2017
$8.20M
Total$8.20M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2013-14.

PositionNameMonthsRemunerationExpensesTotal
ChiefWilfred King12$117,476$26,322$143,798
CouncillorLouis Brizzard12$0$240$240
CouncillorHugh King, Sr.12$51,778$7,141$58,919
CouncillorKenneth King12$51,778$4,227$56,005
CouncillorLawrence Shoonias12$51,178$4,695$55,873
CouncillorAnthony Esquega12$10,000$1,400$11,400
CouncillorBrian King12$46,034$2,335$48,369
CouncillorGwendoline King12$52,381$760$53,141
CouncillorKevin W. King12$11,800$1,420$13,220
CouncillorWayne King12$51,278$3,139$54,417
CouncillorMichael Murchison12$50,671$3,099$53,770
CouncillorRoland Poile12$0$0$0
CouncillorMarcel Shonias12$51,278$2,351$53,629
Total$545,652$57,129$602,781

This schedule is unaudited. Prepared by: MNP LLP

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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.