Lubicon Lake Band No. 453

Financial data for Lubicon Lake Band No. 453 for fiscal year 2019-20. 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 2019-20

Visual breakdown of Lubicon Lake Band No. 453's revenue sources and how funds were spent during fiscal year 2019-20.

Loading...

Financial Summary FY 2019-20

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$180K surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$17.04M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$16.86M
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.
$102.93M
As of fiscal year end 2019-20
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$21.19M
As of fiscal year end 2019-20
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$20.29M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$102.15M
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

Remuneration and Expenses

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

PositionNameMonthsSalary & HonorariaTravel & OtherTotal
ChiefBilly Joe Laboucan12$85,000$18,146-
CouncillorJoe Auger12$85,000$34,125-
CouncillorBrian Laboucan12$85,000$24,400-
CouncillorJason Laboucan12$85,000$9,019-
CouncillorTroy Laboucan12$85,000$11,719-
CouncillorTim Sawan12$85,000$14,899-
Total$510,000$112,308$0

This schedule is unaudited. Prepared by: Doyle & Company

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.