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Potlotek First Nation

Financial data for Potlotek First Nation for fiscal year 2014-15. Potlotek First Nation is a First Nation in Nova Scotia with a registered population of 856 and an on-reserve population of 676. 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 Potlotek First Nation'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.
$322K deficit
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$14.17M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$14.49M
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.
$1.10M
As of fiscal year end 2014-15
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$7.35M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$11.02M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$4.34M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Potlotek First Nation.

ClaimStatusLast UpdateTotal Payments
200 Acres Lot
(Band previous name: Chapel Island) Alleged 200 acre lot purchased by the FN in 1964, should have reserve status and be exempt from taxes.
Concluded
Claim Resolved through Administrative Remedy
Sep 1982
-
Right-of-Way
(Band previous name: Chapel Island) FN alleges that no final settlement or ongoing compensation was paid for a right-of-way permit issued to the NS Commission in 1966.
Concluded
Claim Resolved through Administrative Remedy
Sep 1982
-
Trespass
(Band previous name: Chapel Island) FN alleged that the NS Power Corporation established a sub-power station on the Chapel Island Reserve without its authorization and is in trespass. FN claimed compensation for loss of use and occupancy of land.
Concluded
Claim Resolved through Administrative Remedy
Sep 1982
-
1867 Surrender
(Band previous name: Chapel Island) Alleged alienation of 48 acres of land from Chapel Island I.R. 5 without surrender in 1867.
Other
File Closed
Apr 1988
-
Expropriation
(Band previous name: Chapel Island) Claimed compensation for alleged losses (expropriated non-Indian lands), resulting from the maritime centralization program.
Other
File Closed
Apr 1988
-
1923 lease from 1922 to present
(Band previous name: Chapel Island) Alleged loss of lease revenues resulting from cancellation, for non-payment of rent, of 1923 lease from 1922 to present.
Other
File Closed
Jan 1991
-
Highway 4 Lands From IR 5
Alleges the Crown’s failure to consult and receive the consent of the First Nation when it transferred 8.44 acres of reserve land to Nova Scotia for highway purposes. Additionally, the Crown failed to correctly evaluate the value of the land and compensate the First Nation for the loss of use. Finally, the Crown permitted damage to the reserve’s watershed and water supply with the construction of the highway.
Under Assessment
Justice Department Preparing Legal Opinion
Sep 2025
-
Total$0

Remuneration and Expenses

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

PositionNameMonthsSalary and HonorariaPayment to Related BusinessRentOtherTravel ExpensesTotal
ChiefWilbert Marshall$61,200---$2,874-
CouncilorJimmy Marshall$42,840--$4,531$6,377-
CouncilorWayne Johnson$42,840--$6,810$492-
CouncilorQuentin Doucette$42,840--$1,747--
CouncilorGeorge W. Johnson$26,033$141,800----
CouncilorArthur Johnson$26,033--$21,217--
CouncilorBasil Johnson$26,033--$17,000$461-
CouncilorRussell Marshall$26,363---$712-
CouncilorJohn Johnson, Jr.-$74,323$11,250---
CouncilorVeronica Bernard$16,477-----
Total$310,659$216,123$11,250$51,305$10,916$0

This schedule is unaudited. Prepared by: MGM & Associates

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.