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Timiskaming First Nation

Financial data for Timiskaming First Nation for fiscal year 2015-16. 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 2015-16

Visual breakdown of Timiskaming 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.
$1.61M deficit
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$10.56M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$12.17M
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.
$4.77M
As of fiscal year end 2015-16
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$7.39M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$2.61M (surplus)
Financial liabilities less financial assets
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$17.72M
Total accumulated surplus

Remuneration and Expenses

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

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$65,539$0$0$36,816$2,269$34,547$100,086
Vice-ChiefColleen Polson12$0$35,943$7,500$5,365$0$5,365$48,808
CouncillorShelley Chief12$0$35,548$6,000$6,579$0$6,579$48,127
CouncillorLynn Simpson12$0$0$9,075$1,331$440$891$9,966
CouncillorKim Mclaren12$0$52,218$6,000$70$0$70$58,288
CouncillorKarl Chevrier12$0$14,152$6,675$236$0$236$21,063
CouncillorGerald Hanbury12$0$35,190$6,000$263$0$263$41,453
Total$65,539$173,051$41,250$50,660$2,709$47,951$327,791

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

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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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