Bearskin Lake

Financial data for Bearskin Lake for fiscal year 2015-16. Bearskin Lake is a First Nation in Ontario with a registered population of 981 and an on-reserve population of 508. 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 Bearskin Lake'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.
$850K deficit
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$12.43M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.28M
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.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$20.45M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$16.92M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsRemuneration (Note 2, 4)Expenses (Note 3, 4)Total
ChiefRosemary McKay12$75,398$8,504$83,902
Deputy ChiefLeonard Brown12$54,251$2,885$57,136
CouncillorGeorge Kamenawatamin12$43,650$3,050$46,700
CouncillorRobert Kamenawatamin12$43,816$6,719$50,535
Past CouncillorCecilia Fiddler3$12,569$0$12,569
Past CouncillorGeorge Chapman6$27,213$0$27,213
CouncillorBrittany Angeconeb2$7,191$0$7,191
CouncillorGary Kamenawatamin6$21,862$2,777$24,639
CouncillorStewart Kamenawatamin6$21,862$3,194$25,056
Total$307,812$27,129$334,941

This schedule is unaudited. 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.