Aklavik

Financial data for Aklavik for fiscal year 2015-16. Aklavik is a First Nation in Northwest Territories with a registered population of 446 and an on-reserve population of 254. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2015-16

Visual breakdown of Aklavik's revenue sources and how funds were spent during fiscal year 2015-16.

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Financial Summary FY 2015-16

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$275K deficit
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$618K
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$893K
Total expenses in FY 2015-16

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2015-16.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$1.89M
As of fiscal year end 2015-16
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$8K
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$1.62M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2015-16.

PositionNameMonthsSalariesHonorariaExpenses2016 Total
ChiefDanny Greenland12$90,604$4,375$3,070-
CouncilorAndrew Charlie12$0$1,750$0-
CouncilorGladys Edwards12$0$1,250$0-
CouncilorRandy Edwards12$0$1,250$0-
CouncilorMichael Greenland12$0$2,350$575-
CouncilorEdwin Greenland12$0$750$0-
Total$90,604$11,725$3,645$0

This schedule has been audited. Prepared by: KPMG 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.