Sachigo Lake

Financial data for Sachigo Lake for fiscal year 2017-18. Sachigo Lake is a First Nation in Ontario with a registered population of 964 and an on-reserve population of 579. 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 Sachigo 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.
$472K surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$17.52M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$17.05M
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.
$2.84M
As of fiscal year end 2017-18
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$19.20M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$19.30M
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, 4)Expenses (Note 3, 4)Total
ChiefTitus Tait12$61,200$645-
CouncillorClaude McKay12$51,000$4,314-
CouncillorMary Little/Barkman1$3,333$0-
CouncillorLinda Pauline Greene12$51,000$482-
CouncillorRobert Beardy12$53,049$3,237-
CouncillorCharlie Barkman10$50,998$1,854-
Total$270,580$10,532$0

This schedule is unaudited. Prepared by: Chartered Professional Accountants, Licensed Public Accountants

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.