Stoney
Financial data for Stoney for fiscal year 2019-20. Stoney is a First Nation in Alberta. 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 Stoney'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.
$6.97M deficit
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$129.47M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$136.45M
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.
$243.93M
As of fiscal year end 2019-20
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$91.03M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$335.26M
Total accumulated surplus
Land Claims
Historical and ongoing land claims involving Stoney.
| Claim | Status | Last Update | Total Payments |
|---|---|---|---|
Mineral-Hydro Claim - Ghost Lake Dam FN alleges that the expropriations at Ghost Lake and Kananaskis Falls for Calgary Power Company are unlawful and Canada breached its fiduciary obligation when Canada failed to secure exclusive mineral rights to the Ghost Lake and Kananaskis Falls strips of land for the FN. | Settled | Settled through Negotiations Mar 1991 | $19.60M |
United Church Property Alleged church lands were wrongfully alienated from the reserve. | Settled | Settled through Negotiations Mar 1999 | $8.82M |
Highway 1A Claimant alleges unlawful expropriation of reserve land for highway purposes. | Other | File Closed Jan 2012 | - |
Alienation of Indian Reserve 142A Alleges unlawful alienation of certain lands designated as Reserve 142A and that the Crown falied to have Reserve 142A confirmed by Order in Council and take into account the Stoneys' needs by putting the requirements of settlers and ranchers ahead of its duties to protect the Stoneys and their land. | Concluded | No Lawful Obligation Found Aug 2009 | - |
Bighorn - Treaty Land Entitlement The Stoney First Nations allege that they were provided with less land than was owed to them under the terms of Treaty 7. | Invited to Negotiate | Active Jan 2019 | - |
Horseshoe Falls and the Kananaskis Lands Alleges failure to protect residual benefits and title to Horseshoe Falls and Kananaskis Falls lands. | Concluded | No Lawful Obligation Found Dec 2009 | - |
Unfulfilled Treaty 7 Promises Related to Agricultural Benefits Alleges failure to provide agricultural and economic assistance pursuant to Treaty 7. | Under Assessment | Justice Department Preparing Legal Opinion Mar 2023 | - |
| Total | $28.42M | ||
Remuneration and Expenses
Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2019-20.
| Position | Name | Months | Wages | Expenses | Total |
|---|---|---|---|---|---|
| Chief - Bearspaw | Darcy Dixon | 12 | $129,112 | $185,961 | $315,073 |
| Councillor - Bearspaw Eden Valley | Rex Daniels | 12 | $93,780 | $195,445 | $289,225 |
| Councillor - Bearspaw Morley | Lenny Wesley | 8 | $63,470 | $98,938 | $162,408 |
| Councillor - Bearspaw Morley | Anthony Bearspaw | 12 | $91,580 | $115,487 | $207,067 |
| Councillor - Bearspaw Eden Valley | Keith Lefthand | 8 | $63,470 | $95,240 | $158,710 |
| Councillor - Bearspaw | Rod Hunter | 4 | $28,110 | $35,318 | $63,428 |
| Councillor - Bearspaw | Pierre Lefthand | 4 | $28,110 | $29,699 | $57,809 |
| Chief - Chiniki | Aaron Young | 12 | $133,112 | $141,204 | $274,316 |
| Councillor - Chiniki | Jordie Mark | 12 | $91,580 | $53,677 | $145,257 |
| Councillor - Chiniki | Charles Mark | 12 | $91,580 | $68,567 | $160,147 |
| Councillor - Chiniki | Charles Powderface | 12 | $91,580 | $65,504 | $157,084 |
| Councillor - Chiniki | Colin Simeon | 12 | $91,899 | $57,154 | $149,053 |
| Chief - Wesley | Clifford Poucette | 12 | $129,112 | $107,904 | $237,016 |
| Councillor - Wesley | Hank Snow | 12 | $91,580 | $183,727 | $275,307 |
| Councillor - Wesley | Rufus Twoyoungmen | 12 | $91,580 | $46,868 | $138,448 |
| Councillor - Wesley Big Horn | Shane Crawler | 12 | $91,580 | $61,837 | $153,417 |
| Councillor - Wesley | Krista Hunter | 12 | $91,580 | $77,419 | $168,999 |
| Total | $1,492,815 | $1,619,949 | $3,112,764 |
This schedule is unaudited. Prepared by: Crowe MacKay 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.
