Wagmatcook

Financial data for Wagmatcook for fiscal year 2017-18. 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 2017-18

Visual breakdown of Wagmatcook's revenue sources and how funds were spent during fiscal year 2017-18.

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Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.57M surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$24.22M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$22.65M
Total expenses in FY 2017-18

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$2.69M
As of fiscal year end 2017-18
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$6.85M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$42.22M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$35.62M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2017-18.

PositionNameMonthsHonoraria ExpenseEmployment SalaryPublic Works ContractsOther PaymentsTotalTravel Expenses
Chief/Education Maintenance ManagerNorman Bernard12$76,800$59,903$0$990$137,693$24,133
Councilor/Bus DriverTommy Peck12$54,756$32,385$0$640$87,781$1,353
Councilor/Tobacco Shop ClerkAngela Pierro12$54,756$805$0$4,477$60,038$5,784
Councilor/Bus Driver/ContractorPeter Pierro12$54,756$32,385$64,370$600$152,111$3,085
CouncilorLester Peck12$54,756$0$0$3,095$57,851$2,751
Councilor/TeacherCornelia Peck12$54,756$49,975$0$216$104,947$3,162
Councilor/Guardian/ContractorJason Pierro12$54,756$25,891$34,796$400$115,843$2,485
Total$405,336$201,344$99,166$10,418$716,264$42,753

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.