Kasabonika Lake

Financial data for Kasabonika Lake for fiscal year 2021-22. Kasabonika Lake is a First Nation in Ontario with a registered population of 1,220 and an on-reserve population of 1,150. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2021-22

Visual breakdown of Kasabonika Lake's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$13.76M surplus
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$57.35M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$43.60M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$431K (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$89.55M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$90.43M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsRemunerationExpensesTotal
ChiefTom Semple12$78,500$4,511$83,011
Deputy ChiefJack Brown12$68,100$8,282$76,382
Head CouncillorJemima T Mekanak12$65,500$24,794$90,294
CouncillorJosie Anderson Sr.12$62,900$0$62,900
CouncillorMike Morris12$60,500$21,345$81,845
CouncillorSimon Semple12$62,900$9,030$71,930
CouncillorTerry Stoney12$62,900$5,567$68,467
Total$461,300$73,529$534,829

This schedule has been audited. 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.