Lower Nicola

Financial data for Lower Nicola for fiscal year 2013-14. Lower Nicola is a First Nation in British Columbia with a registered population of 1,551 and an on-reserve population of 535. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2013-14

Visual breakdown of Lower Nicola's revenue sources and how funds were spent during fiscal year 2013-14.

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Financial Summary FY 2013-14

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$3.12M surplus
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$16.74M
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.62M
Total expenses in FY 2013-14

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2013-14.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$10.13M
As of fiscal year end 2013-14
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$7.90M
As of fiscal year end 2013-14
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$16.24M
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$18.66M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Lower Nicola.

ClaimStatusLast UpdateTotal Payments
Graveyard and Settlements
Claim alleges that several graveyards and settlements were not set aside as indian reserves.
Concluded
No Lawful Obligation Found
Aug 2011
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2013-14.

PositionNameMonthsRemuneration [Note 2]Expenses [Note 3]Total
Outgoing ChiefVictor York6$24,261$5,620$29,881
CouncillorArthur Dick12$24,200$0$24,200
ChiefAaron Sam6$25,500$6,456$31,956
CouncillorClyde Sam6$10,265$0$10,265
Outgoing CouncillorJoanne Lafferty6$18,450$122$18,572
CouncillorMolly Toodlican12$19,188$543$19,731
Outgoing CouncillorLucinda Seward6$11,406$0$11,406
CouncillorHarold Joe12$17,000$0$17,000
Outgoing CouncillorMary Coutlee6$8,993$0$8,993
CouncillorRobert Sterling12$29,130$1,786$30,916
Outgoing CouncillorStuart Jackson6$5,287$0$5,287
CouncillorClarence Basil Jr.6$11,150$0$11,150
CouncillorNicholas Peterson6$17,715$2,358$20,073
Total$222,545$16,885$239,430

This schedule is unaudited. Prepared by: REID HURST NAGY INC.

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.