SIPEKNE'KATIK

Financial data for SIPEKNE'KATIK for fiscal year 2016-17. 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 2016-17

Visual breakdown of SIPEKNE'KATIK's revenue sources and how funds were spent during fiscal year 2016-17.

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Financial Summary FY 2016-17

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$384K deficit
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$0
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$384K
Total expenses in FY 2016-17

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2016-17.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$4.07M
As of fiscal year end 2016-17
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$5.36M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$19.58M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$14.25M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2016-17.

PositionNameMonthsSalaryHonorariaOtherTotalTravel Expenses
ChiefRufus Copage7$38,739$0$0$38,739$3,494
ChiefMichael P. Sack5$23,059$0$0$23,059$3,115
CouncillorJerry Francis Sack7$24,149$0$100$24,249$340
CouncillorMary Ellen Syliboy12$38,520$0$0$38,520$2,032
CouncillorThomas Jefferson Howe12$38,520$0$100$38,620$2,514
CouncillorColleen Mary Rebecca Jane Knockwood12$38,520$0$0$38,520$110
CouncillorAlexander MacDonald12$38,520$0$100$38,620$783
CouncillorTimothy Nevin12$38,520$0$0$38,520$1,391
CouncillorKeith J. Julian12$38,520$0$100$38,620$1,386
CouncillorDoreen Knockwood12$38,520$0$0$38,520$154
CouncillorMichelle Glasgow7$24,149$0$0$24,149$2,996
CouncillorGlen P. Knockwood12$38,520$0$0$38,520$385
CouncillorEarl Sack12$38,520$0$0$38,520$2,221
CouncillorCheryl Maloney7$24,149$0$0$24,149$1,828
CouncillorGerry Augustine5$14,371$0$0$14,371$260
CouncillorVirginia Peter-Paul5$14,371$0$0$14,371$1,098
CouncillorDerrick Nevin5$14,371$0$0$14,371$1,910
Total$524,038$0$400$524,438$26,017

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.