Fort McMurray #468 First Nation

Financial data for Fort McMurray #468 First Nation for fiscal year 2018-19. Fort McMurray #468 First Nation is a First Nation in Alberta with a registered population of 1,142 and an on-reserve population of 296. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2018-19

Visual breakdown of Fort McMurray #468 First Nation's revenue sources and how funds were spent during fiscal year 2018-19.

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Financial Summary FY 2018-19

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$6.57M surplus
Balance for FY 2018-19
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$18.43M
Total revenue in FY 2018-19
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$11.86M
Total expenses in FY 2018-19

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2018-19.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$47.42M
As of fiscal year end 2018-19
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$6.30M
As of fiscal year end 2018-19
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$16.66M
As of fiscal year end 2018-19
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$57.78M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Fort McMurray #468 First Nation.

ClaimStatusLast UpdateTotal Payments
1927 Surrender
Unfulfilled treaty land entitlement pursuant to Treaty No. 8.
Concluded
No Lawful Obligation Found
May 1993
-
Treaty Land Entitlement
Unfulfilled treaty land entitlement pursuant to Treaty No. 8.
Invited to Negotiate
Active
Jul 2013
-
Treaty 8 Agricultural and Other Benefits
Alleged that it did not receive various articles, promised in Treaty 8, namely: farming implements, stock, flags and medals, triennial clothing, ammunition and twine.
Settled
Settled through Negotiations
Oct 2017
$34.85M
Total$34.85M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2018-19.

PositionNameMonthsSalary & HonorariumTravelTotal
ChiefRonald Alfred Kreutzer12$196,000$42,000-
CouncillorRonald Allen Kreutzer12$170,000$42,000-
CouncillorSamantha Whalen10$186,537$17,500-
CouncillorByron Bates3$27,000$11,157-
Total$579,537$112,657$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.