Lake St. Martin

Financial data for Lake St. Martin for fiscal year 2018-19. 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 2018-19

Visual breakdown of Lake St. Martin's revenue sources and how funds were spent during fiscal year 2018-19.

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Financial Summary FY 2018-19

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$300K deficit
Balance for FY 2018-19
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$39.89M
Total revenue in FY 2018-19
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$40.19M
Total expenses in FY 2018-19

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2018-19.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$7.86M
As of fiscal year end 2018-19
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$9.33M
As of fiscal year end 2018-19
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$1.47M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$172.93M
As of fiscal year end 2018-19
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$171.48M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2018-19.

PositionNameMonthsRemunerationExpenseTotal
CheifAdrian Sinclair12$53,000$28,129$81,129
CouncilorEmery Stagg Sr12$39,000$6,007$45,007
CouncilorBrad Beardy12$39,000$6,757$45,757
CouncilorGreg Traverse12$39,000$7,295$46,295
CouncilorChris Traverse12$39,000$11,145$50,145
CouncilorMaurice Traverse12$39,000$6,979$45,979
CouncilorJohn Ross3$10,500$0$10,500
CouncilorJules Beardy9$27,000$6,693$33,693
Total$285,500$73,005$358,505

This schedule is unaudited. Prepared by: Prairie Point CPAs

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.