Fort Severn

Financial data for Fort Severn for fiscal year 2020-21. 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 2020-21

Visual breakdown of Fort Severn's revenue sources and how funds were spent during fiscal year 2020-21.

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Financial Summary FY 2020-21

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.95M surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$18.77M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$16.82M
Total expenses in FY 2020-21

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2020-21.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$10.78M
As of fiscal year end 2020-21
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$23.04M
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$25.11M
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 2020-21.

PositionNameMonthsRemuneration [Note 1]Expenses [Note 1]Total
ChiefPaul Burke12$87,126$25,850$112,976
CouncillorPeter Burke12$63,361$725$64,086
CouncillorDennis Bluecoat12$65,536$3,216$68,752
Deputy ChiefBetty Bluecoat12$63,460$1,817$65,277
CouncillorCharlie Gray12$62,591$1,151$63,742
Total$342,074$32,759$374,833

This schedule is unaudited. 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.