Lac Des Mille Lacs

Financial data for Lac Des Mille Lacs for fiscal year 2016-17. Lac Des Mille Lacs is a First Nation in Ontario with a registered population of 648 and an on-reserve population of 10. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2016-17

Visual breakdown of Lac Des Mille Lacs's revenue sources and how funds were spent during fiscal year 2016-17.

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Financial Summary FY 2016-17

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$770K deficit
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$3.81M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$4.58M
Total expenses in FY 2016-17

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2016-17.

Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$2.96M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$6.15M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$3.24M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Lac Des Mille Lacs.

ClaimStatusLast UpdateTotal Payments
Headlands
Breach of fiduciary obligation regarding the 1894 agreement between Canada and Ontario, and the later revocation of this portion of the agreement by Ontario in 1915 (Canada / Ontario Boundary Dispute); Involves IR# 22A
Other
File Closed
Apr 2008
-
Lac des Mille Lacs Watershed - Flooding (Tr3 Flooding Project)
Alleged Crown breached its fiduciary duty originating in 1872, following the construction of a dam and the subsequent flooding of reserve lands.
Settled
Settled through Negotiations
May 2017
$33.61M
Treaty Farmland
Alleges failure to provide reserve land suitable for “farming” which is inconsistent with the intentions and promises of Treaty #3.
Other
Claim Active at the SC Tribunal
Dec 2025
-
Total$33.61M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2016-17.

PositionNameMonthsRemuneration [Note 2]Expenses [Note 3]Total
ChiefJudy Maunula12$90,000$25,777$115,777
CouncillorsCarmel Zoccole12$30,000$243$30,243
CouncillorsIrma Churchill12$60,000$4,373$64,373
CouncillorsJulia Rusnak12$25,000$603$25,603
CouncillorsTracy Morrison12$35,000$946$35,946
CouncillorsGary Kishqueb12$25,000$7,740$32,740
Total$265,000$39,682$304,682

This schedule is unaudited. Prepared by: MNP 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.