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Lake St. Martin

Financial data for Lake St. Martin for fiscal year 2016-17. Lake St. Martin is a First Nation in Manitoba with a registered population of 3,041 and an on-reserve population of 1,741. 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 Lake St. Martin'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.
$22K surplus
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$57.98M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$57.96M
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.
$14.27M
As of fiscal year end 2016-17
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$15.08M
As of fiscal year end 2016-17
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$816K (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$79.19M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$78.46M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsRemuneration (Note 2)Expenses (Note 3)Total
ChiefAdrian Sinclair12$34,176$5,750$39,926
CouncillorJohn Ross12$33,676$5,250$38,926
CouncillorGreg Traverse12$33,676$5,250$38,926
CouncillorChris Traverse12$33,676$5,250$38,926
CouncillorEmery Stagg12$33,676$5,250$38,926
CouncillorKevin Traverse4$11,436$2,000$13,436
CouncillorBradley Beardy8$22,240$1,785$24,025
CouncillorMaurice Traverse8$21,740$750$22,490
Total$224,296$31,285$255,581

This schedule is unaudited. Prepared by: Prairie Point CPAs

View Other Fiscal Years

FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014

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.

Download Full Financial Report (PDF)