Musqueam

Financial data for Musqueam for fiscal year 2019-20. Musqueam is a First Nation in British Columbia with a registered population of 1,496 and an on-reserve population of 795. 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 Musqueam'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.
$3.42M deficit
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$32.91M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$36.33M
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.
$217.91M
As of fiscal year end 2019-20
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$82.24M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$349.62M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Musqueam.

ClaimStatusLast UpdateTotal Payments
Capilano I.R. #5 -Bouillon Lands
Alleged unextinguished rights to the Capilano I.R. #5, allotted to the Squamish FN, and should share in any settlement.
Other
File Closed
Dec 2002
-
Total$0

Remuneration and Expenses

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

PositionNameMonthsMCC Honorarium (Note 1)Band Honorarium (Note 1)Other (Note 1)Expenses (Note 1)Total
ChiefWayne Sparrow12$20,000$90,000$0$7,881$117,881
CouncillorHoward E. Grant12$0$50,000$400$621$51,021
CouncillorMichele Point12$0$30,000$3,000$335$33,335
CouncillorMorgan Guerin12$0$30,000$9,350$335$39,685
CouncillorNolan Charles12$9,400$30,000$200$1,452$41,052
CouncillorNora Stogan12$0$30,000$0$298$30,298
CouncillorTammy Harkey12$0$50,000$17,180$1,358$68,538
CouncillorAllyson Fraser12$19,800$50,000$0$2,548$72,348
CouncillorWendy John12$0$70,000$0$2,215$72,215
CouncillorGordon W. Grant12$0$30,000$700$672$31,372
CouncillorRosalind Campbell12$0$40,000$0$3,311$43,311
Total$49,200$500,000$30,830$21,026$601,056

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.