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Wasagamack First Nation

Financial data for Wasagamack First Nation for fiscal year 2015-16. Wasagamack First Nation is a First Nation in Manitoba with a registered population of 2,299 and an on-reserve population of 1,984. 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 Wasagamack First Nation'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.
$732K surplus
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$23.01M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$22.28M
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.
$5.60M
As of fiscal year end 2015-16
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$15.35M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$9.76M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$33.32M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$28.43M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Wasagamack First Nation.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
Unfulfilled treaty land entitlement pursuant to Treaty 5.
Settled
Settled through Negotiations
Mar 1994
$2.16M
Total$2.16M

Remuneration and Expenses

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

PositionNameMonthsRemunerationExpensesTotal
ChiefSharon Mason12$61,460$33,526$94,986
CouncillorAbel Harper12$39,176$11,246$50,422
CouncillorBernad Wood12$31,144$11,031$42,175
CouncillorBobby Knott12$39,300$19,833$59,133
CouncillorElvin Knott4$10,072$1,888$11,960
CouncillorJonas Harper12$39,063$12,837$51,900
CouncillorJoseph R. Harper2$5,100$6,486$11,586
CouncillorViolet Harper12$23,700$23,175$46,875
CouncillorWalter Harper12$39,187$30,071$69,258
Total$288,202$150,093$438,295

This schedule is unaudited. Prepared by: Fort Group Chartered Professional Accountants Inc.

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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.

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