Wagmatcook

Financial data for Wagmatcook for fiscal year 2015-16. Wagmatcook is a First Nation in Nova Scotia with a registered population of 931 and an on-reserve population of 732. 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 Wagmatcook'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.
$561K surplus
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$21.69M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$21.13M
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.
$1.78M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$7.37M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$40.27M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$33.06M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsHonoraria ExpenseEmployment SalaryPublic Works ContractsOther PaymentsTotalTravel Expenses
Chief/Education Maintenance ManagerNorman Bernard12$75,800$54,127$0$859$130,786$27,389
Councilor/Bus DriverTommy Peck12$53,756$31,444$0$400$85,600$2,447
Councilor/Tobacco Shop ClerkAngela Pierro12$53,756$6,721$0$3,290$63,767$5,732
Councilor/Public Works ForemanFrancis Pierro12$53,756$7,689$48,581$0$110,026$2,990
Councilor/Social ManagerKim Denny12$53,756$40,402$0$1,031$95,189$10,517
Councilor/Bus DriverPeter Pierro12$53,756$31,444$46,263$0$131,463$4,065
CouncilorLester Peck12$53,756$0$0$0$53,756$1,953
Total$398,336$171,827$94,844$5,580$670,587$55,093

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.