Muskrat Dam Lake

Financial data for Muskrat Dam Lake for fiscal year 2017-18. Muskrat Dam Lake is a First Nation in Ontario with a registered population of 515 and an on-reserve population of 292. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2017-18

Visual breakdown of Muskrat Dam Lake's revenue sources and how funds were spent during fiscal year 2017-18.

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Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.36M surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$18.18M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$16.81M
Total expenses in FY 2017-18

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$8.44M
As of fiscal year end 2017-18
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$2.92M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$27.00M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$26.94M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2017-18.

PositionNameMonthsRemuneration [Note 2]Expenses [Note 3]Total
ChiefStan Beardy12$55,000$17,494$72,494
Deputy ChiefRoy Fiddler12$49,540$17,747$67,287
CouncillorCharlie Beardy12$44,080$11,051$55,131
CouncillorGwen Duncan12$44,080$5,935$50,015
CouncillorBradley Morris12$44,080$17,564$61,644
Total$236,780$69,791$306,571

This schedule is unaudited. Prepared by: Kevin Houghton Professional Corporation

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.