Yaqit ?a·knuqli‘it First Nation

Financial data for Yaqit ?a·knuqli‘it First Nation for fiscal year 2015-16. Yaqit ?a·knuqli‘it First Nation is a First Nation in British Columbia with a registered population of 279 and an on-reserve population of 92. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2015-16

Visual breakdown of Yaqit ?a·knuqli‘it First Nation's revenue sources and how funds were spent during fiscal year 2015-16.

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Financial Summary FY 2015-16

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$3.46M surplus
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$5.94M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$2.47M
Total expenses in FY 2015-16

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2015-16.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$6.50M
As of fiscal year end 2015-16
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$964K
As of fiscal year end 2015-16
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$2.31M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$7.84M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Yaqit ?a·knuqli‘it First Nation.

ClaimStatusLast UpdateTotal Payments
Land Lease
Alleged breach of contract, trust and fiduciary duty concerning the leasing of the southern portion of its reserve, following a surrender in 1929.
Other
File Closed
Oct 1993
-
1922 Timber Surrender
Revised claim with supporting research resubmitted on February 1/1993. Alleged monies earned from the sale of timber surrendered in 1922 were never paid to it, and that the land was later damaged when logged.
Settled
Settled through Negotiations
Mar 1997
$500K
1940 Brown Timber Lease
Alleged invalid timber lease in the 1940s.
Concluded
No Lawful Obligation Found
May 2006
-
IR 2 Roosville Customs House
Alleges breach of duties in the course of the expropriation of a portion of Tobacco Plains IR 2 by the Department of Customs for a Customs house in 1914-15.
Settled
Settled through Negotiations
Aug 2020
$1.33M
Total$1.83M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2015-16.

PositionNameMonthsRemuneration (Note 1)Expenses (Note 2)Total
ChiefMary Mahseelah12$8,000$2,060$10,060
CouncillorRobert Luke12$6,250$600$6,850
CouncillorDan Gravelle12$7,875$600$8,475
CouncillorJason Gravelle12$6,750$600$7,350
CouncillorCorey Letcher12$10,625$4,997$15,622
Total$39,500$8,857$48,357

This schedule is unaudited. Prepared by: KPMG 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.