Homalco

Financial data for Homalco for fiscal year 2024-25. Homalco is a First Nation in British Columbia with a registered population of 490 and an on-reserve population of 228. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2024-25

Visual breakdown of Homalco's revenue sources and how funds were spent during fiscal year 2024-25.

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Financial Summary FY 2024-25

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$3.59M surplus
Balance for FY 2024-25
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$16.95M
Total revenue in FY 2024-25
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.35M
Total expenses in FY 2024-25

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2024-25.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$14.18M
As of fiscal year end 2024-25
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$1.95M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$22.91M
As of fiscal year end 2024-25
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$20.98M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Homalco.

ClaimStatusLast UpdateTotal Payments
Aupe I.R. No. 6 and 6A
Alleged unlawful alienation of land from Aupe I.R. No. 6 and No. 6A
Other
File Closed
Dec 1997
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2024-25.

PositionNameMonthsGovernance Remuneration (Note 2)Benefits & Other Remuneration (Note 4)Expenses (Note 3)Total
ChiefDarren Blaney12$99,999$0$18,683$118,682
CouncillorPreston Joseph12$65,000$0$10,246$75,246
CouncillorJamie Wilson12$65,000$0$8,812$73,812
CouncillorRobert Harry Sr.12$65,000$0$10,684$75,684
CouncillorAlison Trenholm7$37,000$122,847$15,791$175,638
CouncillorChelsea Hanson5$28,000$0$5,791$33,791
Total$359,999$122,847$70,007$552,853

This schedule has been audited. Prepared by: MNP 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.