Fort Severn

Financial data for Fort Severn for fiscal year 2014-15. Fort Severn is a First Nation in Ontario with a registered population of 725 and an on-reserve population of 554. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2014-15

Visual breakdown of Fort Severn's revenue sources and how funds were spent during fiscal year 2014-15.

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Financial Summary FY 2014-15

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$237K surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$20.54M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$20.30M
Total expenses in FY 2014-15

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2014-15.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$4.55M
As of fiscal year end 2014-15
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$4.53M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$15.35M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$11.79M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Fort Severn.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
Alleges a TLE shortfall of 6,346 acres or 9.9 square miles pursuant to Treaty 9.
Invited to Negotiate
Active
Nov 2016
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2014-15.

PositionNameMonthsSalaryPension / BenefitsTotalTravel
ChiefCrowe, Joseph12$78,461$0$78,461$6,211
Deputy ChiefBluecoat, Betty12$55,211$0$55,211$751
CouncillorMiles, Angus12$50,192$4,193$54,385$2,531
CouncillorStoney, Roy12$45,173$3,911$49,084$167
CouncillorThomas, Rex K.9.5$38,847$2,927$41,774$1,492
Total$267,884$11,031$278,915$11,152

This schedule has been audited. Prepared by: Tony Gauthier, CPA

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.