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Timiskaming First Nation

Financial data for Timiskaming First Nation for fiscal year 2014-15. Timiskaming First Nation is a First Nation in Quebec with a registered population of 3,015 and an on-reserve population of 684. 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 Timiskaming First Nation'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.
$754K deficit
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$10.56M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$11.31M
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.
$2.93M
As of fiscal year end 2014-15
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$3.62M
As of fiscal year end 2014-15
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$687K (surplus)
Financial liabilities less financial assets
Non-Financial Assets
Tangible capital assets such as land, buildings, equipment, and infrastructure.
$16.75M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$16.06M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsPolitical salaries (A)Departments salaries (B)Honoraries and per diem as council members (C)Travel expenses (D)Reimbursement (E)Net (F) = (D - E)TOTAL (A + B + C + F)
ChiefTerence McBride12$60,000$0$0$35,183$4,445$30,738$90,738
Vice-ChiefColleen Polson12$0$35,733$7,200$4,391$1,915$2,476$45,409
CouncillorShelley Chief12$0$27,035$6,000$2,328$0$2,328$35,363
CouncillorLynn Simpson12$0$0$9,725$3,408$0$3,408$13,133
CouncillorKim Mclaren12$0$47,801$6,000$5,226$2,732$2,494$56,295
CouncillorKarl Chevrier11$0$12,277$11,125$10,114$0$10,114$33,516
CouncillorGerald Hanbury11$0$28,642$6,000$1,579$0$1,579$36,221
Total$60,000$151,488$46,050$62,229$9,092$53,137$310,675

This schedule has been audited. Prepared by: Raymond Chabot Grant Thornton LLP

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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.

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