Potlotek First Nation

Financial data for Potlotek First Nation for fiscal year 2015-16. 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 2015-16

Visual breakdown of Potlotek First Nation'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.
$839K surplus
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$14.84M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$14.00M
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.

Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$6.67M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$10.87M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$5.17M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2015-16.

PositionNameMonthsSalary and HonorariaPayment to Related BusinessRentOtherTravel ExpensesTotal
ChiefWilbert Marshall$61,200$0$0$0$2,970-
CouncilorJimmy Marshall$42,840$0$0$8,000$3,526-
CouncilorWayne Johnson$42,840$0$0$8,873$703-
CouncilorQuentin Doucette$42,840$0$0$0$339-
CouncilorGeorge W. Johnson$42,840$240,685$0$200$661-
CouncilorArthur Johnson$42,840$0$0$12,414$765-
CouncilorBasil Johnson$42,840$0$0$26,000$339-
Total$318,240$240,685$0$55,487$9,303$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.