SIPEKNE'KATIK

Financial data for SIPEKNE'KATIK for fiscal year 2015-16. SIPEKNE'KATIK is a First Nation in Nova Scotia with a registered population of 3,091 and an on-reserve population of 1,457. 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 SIPEKNE'KATIK'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.
$10.36M surplus
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$35.21M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$24.86M
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.
$2.54M
As of fiscal year end 2015-16
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$8.87M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$6.33M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$18.05M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$11.73M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsSalaryHonorariaOtherTotalTravel ExpensesTotal
ChiefRufus Copage12$61,793$0$0$61,793$7,609$61,793
CouncillorJerry Francis Sack12$38,520$0$1,111$39,631$66$39,631
CouncillorMary Ellen Syliboy12$38,520$0$100$38,620$721$38,620
CouncillorThomas Jefferson Howe12$38,520$0$1,450$39,970$1,605$39,970
CouncillorColleen Mary Rebecca Jane Knockwood12$38,520$0$100$38,620$298$38,620
CouncillorAlexander McDonald12$38,520$0$0$38,520$500$38,520
CouncillorTimothy Nevin12$38,520$0$100$38,620$626$38,620
CouncillorKeith J. Julian12$38,520$0$100$38,620$1,265$38,620
CouncillorDureen Knockwood12$38,520$0$100$38,620$264$38,620
CouncillorMichelle Glasgow12$38,520$0$0$38,520$0$38,520
CouncillorGlen P. Knockwood12$38,520$0$100$38,620$264$38,620
CouncillorEarl Sack12$38,520$0$750$39,270$920$39,270
CouncillorCheryl Maloney12$38,520$0$646$39,166$3,508$39,166
Total$524,033$0$4,557$528,590$17,646$528,590

This schedule is unaudited. Prepared by: Andrew D. Lenehan, 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.