Nazko First Nation

Financial data for Nazko First Nation for fiscal year 2023-24. Nazko First Nation is a First Nation in British Columbia with a registered population of 435 and an on-reserve population of 129. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2023-24

Visual breakdown of Nazko First Nation's revenue sources and how funds were spent during fiscal year 2023-24.

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Financial Summary FY 2023-24

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$5.72M surplus
Balance for FY 2023-24
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$12.77M
Total revenue in FY 2023-24
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$7.06M
Total expenses in FY 2023-24

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2023-24.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$12.94M
As of fiscal year end 2023-24
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$5.71M
As of fiscal year end 2023-24
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$15.18M
As of fiscal year end 2023-24
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$22.40M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Nazko First Nation.

ClaimStatusLast UpdateTotal Payments
BC Cut-Off Lands (SPLIT #08)
Alienation of reserve land arising from decisions of the McKenna-McBride Commission in 1916.
Settled
Settled through Negotiations
Feb 2000
$10K
Fishpot Lake Reserve Allotment
Alleges breach of fiduciary duty and duty of care in that Canada used the Nazko FN's interest in the Fishpot reserve as a negotiating tool with the province, resulting in a reduction of the reserve by Ditchburn-Clark.
Invited to Negotiate
Active
Jul 2023
-
IR 20 Nazko Road #59 Improper Taking
Alleges failure to prevent or obtain compensation for repeated trespasses and illegal taking of reserve lands for road and hydro purposes by the Province since at least 1964.
Concluded
No Lawful Obligation Found
Aug 2012
-
Punchaw Lake Lands
Alleges breaches of statutory and fiduciary duties during the reserve-creation process by failing to set aside the Punchaw Lake Lands for the Blackwater Band and by failing to prevent pre-emptions.
Concluded
No Lawful Obligation Found
Feb 2017
-
Total$10K

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2023-24.

PositionNameMonthsRemuneration $Expenses $Total
ChiefLeah Stump12$112,409$24,854$137,263
CouncillorAnthony Perry12$100,907$28,503$129,410
CouncillorDelores Alec12$102,679$13,958$116,637
Total$315,995$67,315$383,310

This schedule is unaudited. Prepared by: Brent Bursey & Company Inc., Chartered Professional Accountants

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.