Semiahmoo

Financial data for Semiahmoo for fiscal year 2014-15. Semiahmoo is a First Nation in British Columbia with a registered population of 104 and an on-reserve population of 56. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2014-15

Visual breakdown of Semiahmoo's revenue sources and how funds were spent during fiscal year 2014-15.

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Financial Summary FY 2014-15

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$558K deficit
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$1.35M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$1.91M
Total expenses in FY 2014-15

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2014-15.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$3.84M
As of fiscal year end 2014-15
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$730K
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$3.76M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Semiahmoo.

ClaimStatusLast UpdateTotal Payments
Surrender for Sawmill Purposes
Alleges a breach of legal and fiduciary duty when 36.57 acres of the Semiahmoo Reserve was unlawfully leased and then the lease unlawfully renewed for sawmill purposes without a legal surrender under the Indian Act.
Invited to Negotiate
Active
Nov 2018
-
Surrender for Beach Road
Alleges the Beach Road Land were surrendered and the Division Lands and highway lands from the Semiahmoo Indian Reserve were transferred to the Province for road purposes without any compensation to the FN. Alleges that federal government breached its legal obligation and fiduciary duty to them by consenting to the surrender and transfer of lands for road purposes.
Invited to Negotiate
Active
Nov 2019
-
Highway 99
Alleges widened highway lands, railway lands and the Deas Tunnel Throughway lands were surrendered to the Province of British Columbia without adequate compensation to the First Nation.
Invited to Negotiate
Active
Aug 2024
-
Surrender for Railway Lands
Alleges that the federal government breached its legal and fiduciary duty when it transferred reserve lands to the Province without following the requirements of the Indian Act, and when it did not provide the FN with informed consent, did not ensure that the FN received fair market value for the surrender, and did not impair the reserve interest minimally.
Invited to Negotiate
Active
Jul 2024
-
Surrey Park Leases
Alleges breaches of legal and fiduciary obligations by leasing without lawful consent Reserve lands to the City of Surrey at rates below market value over several decades.
Under Assessment
Justice Department Preparing Legal Opinion
May 2023
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2014-15.

PositionNameMonthsRemunerationExpensesTotal
Chief CouncillorWillard Cook12$295,475$420-
CouncillorJoanne Charles12$172,036$39,278-
CouncillorRoxanne Charles12$2,864$20,925-
Total$470,375$60,623$0

This schedule is unaudited. 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.