Lower Nicola

Financial data for Lower Nicola for fiscal year 2022-23. 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 2022-23

Visual breakdown of Lower Nicola's revenue sources and how funds were spent during fiscal year 2022-23.

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Financial Summary FY 2022-23

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$24.74M surplus
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$50.32M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$25.58M
Total expenses in FY 2022-23

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$86.60M
As of fiscal year end 2022-23
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$10.44M
As of fiscal year end 2022-23
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$23.63M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$100.18M
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 2022-23.

PositionNameMonthsSalaryHonorariaOther RemunerationTotalTravel Expenses
CouncillorAaron Sumexheltza7$0$12,094$0$12,094$0
CouncillorRobin Humphrey12$0$21,600$0$21,600$297
CouncillorLucinda Seward12$0$21,600$0$21,600$297
CouncillorSpence Coutlee6$0$10,800$0$10,800$0
CouncillorWilliam Bose12$0$21,600$0$21,600$297
CouncillorConnie Joe12$0$21,600$0$21,600$297
CouncillorWilliam Sandy12$0$21,600$0$21,600$765
CouncillorArthur Dick5.5$0$19,123$0$19,123$297
CouncillorLesley Manuel5.5$0$9,523$0$9,523$297
ChiefStuart Jackson12$0$78,000$0$78,000$4,318
Total$0$237,540$0$237,540$6,865

This schedule has been audited. Prepared by: BDO Canada 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.