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Lubicon Lake Band No. 453

Financial data for Lubicon Lake Band No. 453 for fiscal year 2020-21. Lubicon Lake Band No. 453 is a First Nation in Alberta with a registered population of 837 and an on-reserve population of 452. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2020-21

Visual breakdown of Lubicon Lake Band No. 453's revenue sources and how funds were spent during fiscal year 2020-21.

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Financial Summary FY 2020-21

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$10.66M surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$25.84M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$15.18M
Total expenses in FY 2020-21

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2020-21.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$111.52M
As of fiscal year end 2020-21
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$21.19M
As of fiscal year end 2020-21
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$32.57M
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$122.95M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Lubicon Lake Band No. 453.

ClaimStatusLast UpdateTotal Payments
Michel Band Members (ASSCTN)
-
-
Enfranchisement
Alleged improper enfranchisement of some of the FN members in 1928 and the remainder in 1958.
Other
File Closed
Oct 2002
-
Severalty 11/L1 + L7
Members of the Lubicon FN received land in severalty allowed under Treaty 8 in the province of Alberta.
Settled
Settled through Negotiations
Jul 1993
$386K
Total$386K

View Other Fiscal Years

FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014

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.

Download Full Financial Report (PDF)