Tsawout First Nation

Financial data for Tsawout First Nation for fiscal year 2020-21. Tsawout First Nation is a First Nation in British Columbia with a registered population of 1,014 and an on-reserve population of 680. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2020-21

Visual breakdown of Tsawout First Nation's revenue sources and how funds were spent during fiscal year 2020-21.

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Financial Summary FY 2020-21

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$2.74M surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$13.79M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$11.06M
Total expenses in FY 2020-21

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2020-21.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$9.47M
As of fiscal year end 2020-21
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$10.75M
As of fiscal year end 2020-21
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$1.28M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$11.64M
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$10.41M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Tsawout First Nation.

ClaimStatusLast UpdateTotal Payments
Cordova Spit
Seeks damages for loss of an alleged Pre-confederation Reserve.
Concluded
No Lawful Obligation Found
Oct 2009
-
Allotment of Pender Island IR 8
Alleges a breach of fiduciary duty through a failure to allot reserve land.
Concluded
No Lawful Obligation Found
Mar 2015
-
Cordova Spit Reserve Reduction
Alleges breach of fiduciary duty with respect to the survey of the reserve by failing to preserve and protect the Band's interests in the northern portion of Cordova Spit, which formed an integral part of the alleged village site from 1858 onwards, but was pre-empted in 1892.
Invited to Negotiate
Active
Mar 2019
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2020-21.

PositionNameMonthsRemuneration $Expenses $Total $
ChiefN. Claxton12$30,600$450-
CouncilorStan Sam12$22,100$4,350-
CouncilorJohn Wilson12$22,700$4,350-
CouncilorA. Pelkey12$22,700$4,275-
CouncilorB. Underwood12$22,700$4,410-
CouncilorJohn Etzel12$22,700$4,672-
CouncilorM. Underwood12$22,700$4,575-
CouncilorM.A. Sam12$22,700$8,776-
CouncilorS. Etzel12$22,700$4,500-
Total$211,600$40,358$0

This schedule is unaudited. Prepared by: Brynjolfson & Company

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.