Lower Nicola

Financial data for Lower Nicola for fiscal year 2017-18. 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 2017-18

Visual breakdown of Lower Nicola'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.
$638K deficit
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$22.91M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$23.55M
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.
$19.34M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$41.66M
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 2017-18.

PositionNameMonthsRemuneration (Note 2)Expenses (Note 3)Total
ChiefAaron Sumexheltza12$78,000$15,479$93,479
CouncillorConnie Joe11$19,800$866$20,666
CouncillorLucinda Seward12$21,600$98$21,698
CouncillorHarold Joe12$21,600$0$21,600
CouncillorWilliam Bose12$21,600$0$21,600
CouncillorJoanne Lafferty12$21,600$0$21,600
CouncillorLeona Antoine12$58,413$5,957$64,370
CouncillorLesley Manuel12$21,600$0$21,600
Total$264,213$22,400$286,613

This schedule has been audited. 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.