Serpent River

Financial data for Serpent River for fiscal year 2013-14. Serpent River is a First Nation in Ontario with a registered population of 1,713 and an on-reserve population of 408. 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 Serpent River'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.
$696K deficit
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$10.90M
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$11.59M
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.
$7.00M
As of fiscal year end 2013-14
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$2.00M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$15.41M
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$13.70M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Serpent River.

ClaimStatusLast UpdateTotal Payments
Highway Taking
Alleged illegal occupation and trespass of approximately 100 acres of I. R. No. 7 by Public Highways constructed between 1870 and 1956 without proper surrender or compensation.
Other
File Closed
Oct 2007
-
Acid Plant
Alleges that Canada breached its treaty, statutory and fiduciary obligations towards them while executing and managing a portion of their Reserve land during the construction and operation of an acid plant.
Invited to Negotiate
Awaiting Response
Nov 2012
-
Total$0

Remuneration and Expenses

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

PositionNameMonthsRemuneration (Note 2, 4)Expenses (Note 3, 4)Total
ChiefIsadore Day12$60,000$21,640$81,640
CouncillorCharlotte Commanda9.5$11,778$1,334$13,112
CouncillorJoey Jacobs9.5$7,234$0$7,234
CouncillorElaine Johnston12$9,000$1,284$10,284
CouncillorHolly Johnston2.5$1,766$670$2,436
CouncillorTania Johnston2.5$1,766$1,846$3,612
CouncillorShirley McLeod12$9,000$1,027$10,027
CouncillorWilliam McLeod11.5$8,661$3,826$12,487
CouncillorCaroline Meawasige2.5$1,766$0$1,766
CouncillorEmma Meawasige12$10,172$400$10,572
CouncillorQuinn Meawasige9.5$7,234$1,877$9,111
CouncillorPamela Pelletier2.5$1,766$795$2,561
CouncillorNicole Pelletier-Southwind12$9,000$1,259$10,259
Head CouncillorCarol Shawana12$10,800$500$11,300
CouncillorJohn Trudeau2.5$1,766$400$2,166
Total$151,709$36,858$188,567

This schedule has been audited. Prepared by: BDO Canada 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.