McDowell Lake

Financial data for McDowell Lake for fiscal year 2019-20. McDowell Lake is a First Nation in Ontario with a registered population of 63 and an on-reserve population of 24. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2019-20

Visual breakdown of McDowell Lake's revenue sources and how funds were spent during fiscal year 2019-20.

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Financial Summary FY 2019-20

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$159K surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$1.34M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$1.18M
Total expenses in FY 2019-20

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2019-20.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$5.35M
As of fiscal year end 2019-20
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$810K
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$4.20M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2019-20.

PositionNameMonthsRemuneration (Note 1)Expenses (Note 1)Total
ChiefMary Lawson11$57,000$6,116$63,116
CouncillorAnita Lawson11$46,000$5,056$51,056
CouncillorDylan Cockroft11$45,000$1,043$46,043
ChiefEllen Keno1$2,750$0$2,750
CouncillorLois James1$2,800$0$2,800
CouncillorSheryl Lawson1$2,500$0$2,500
Total$156,050$12,215$168,265

This schedule is unaudited. Prepared by: BDO Canada LLP

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.