Qualicum First Nation

Financial data for Qualicum First Nation for fiscal year 2017-18. Qualicum First Nation is a First Nation in British Columbia with a registered population of 157 and an on-reserve population of 55. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2017-18

Visual breakdown of Qualicum First Nation's revenue sources and how funds were spent during fiscal year 2017-18.

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Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$710K surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$2.30M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$1.59M
Total expenses in FY 2017-18

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$2.53M
As of fiscal year end 2017-18
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$2.40M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$4.01M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Qualicum First Nation.

ClaimStatusLast UpdateTotal Payments
I.R. 1 Boundary
Alleged unlawful alienation of part of Qualicum I.R. #1 caused by survey error.
Settled
Settled through Negotiations
Nov 2008
$1.90M
Total$1.90M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2017-18.

PositionNameMonthsRemunerationExpensesTotal
ChiefGordon Recalma12$33,243$5,208$38,451
CouncillorDonna Kennedy12$33,233$5,487$38,720
CouncillorTanna Weir12$33,250$7,259$40,509
Total$99,726$17,954$117,680

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.