Fort Severn

Financial data for Fort Severn for fiscal year 2015-16. 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 2015-16

Visual breakdown of Fort Severn'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.
$2.77M surplus
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$12.18M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$9.41M
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.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$4.09M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$3.69M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$17.56M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$14.56M
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 2015-16.

PositionNameMonthsSalaryPension / BenefitsTotalTravelTotal
ChiefJoseph Crowe12$80,765$0$80,765$3,924$80,765
Deputy ChiefBetty Bluecoat12$55,423$0$55,423$1,794$55,423
CouncillorAngus Miles12$52,114$5,204$57,318$1,886$57,318
CouncillorRoy Stoney12$45,346$4,295$49,641$1,762$49,641
CouncillorRex K. Thomas7.5$29,231$2,442$31,673$255$31,673
Total$262,879$11,941$274,820$9,621$274,820

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

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.