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LyacksonFiscal year 2024-2025

← 2023–24

First Nations / Band 646 · British Columbia

Lyackson

Fiscal year 2024-2025 (year-end 2025-03-31) · 239 registered · 13 on reserve

Certified source-faithful captureCompatibility analytics availableFidelity audit passedNo OCROpinion: unqualifiedAuditor: MNP LLPReport dated 2025-07-18Prepared by: ManagementSource PDF hashed

At a glance · FY 2024-2025

Annual surplus (deficit)

$4.64M

$4,635,503

Total revenue

$5.70M

$5,699,526

Total expenses

$3.21M

$3,214,023

Accumulated surplus

$14.2M

$14,198,732

Total financial assets

$14.9M

$14,901,556

Total financial liabilities

$4.62M

$4,623,479

Net financial assets (debt)

$10.3M

$10,278,077

Total non-financial assets

$3.92M

$3,920,655

Revenue and expenses · FY 2024-2025

As published. Line items from the Statement of Operations, ranked by amount.

Revenue

  • Indigenous Coastal Water Stewardship Society$1.00M
  • Ministry of Transport and Transit (Fraser River Tunnel Project)$746K
  • Department of Fisheries and Oceans$578K
  • BC Gaming$533K
  • Other revenue$485K
  • Indigenous Service Canada$480K
  • Interest income$416K
  • Other First Nations organizations$354K
  • Province of BC$334K
  • Hul'qumi'num Treaty Group$240K
  • Child and Family Development (Early Childhood)$130K
  • Parks Canada$111K
  • Coast Salish Employment and Training$102K
  • Port Metro Vancouver$100K
  • FN Health Authority$52.9K
  • Kwumut Lelum Child & Family$25.0K
  • Cultural records$12.3K
  • BC Special$478

Expenses

  • Stewardship and Traditional Foods$1.20M
  • Service Programs and Administration$920K
  • Governance and Economic Development$465K
  • Title Rights and Treaty$337K
  • Hul'qumi'num Treaty Group$240K
  • Trust$49.3K

Reconciliation: revenue $5.70M − expenses $3.21M = $4.64M surplus

Data by fiscal year

Each row is a fiscal year; every cell opens that data product. Missing data is shown, not hidden.

Fiscal yearStatement tables, notes, schedulesOperationsFinancial positionHeadline figuresCouncil paySource PDF
2024-2025viewingViewViewViewView5 rowsPDF
2023-2024Posted, not captured———Posted, not capturedPDF
2022-2023Posted, not captured———Posted, not capturedPDF
2021-2022Posted, not captured———Posted, not capturedPDF
2020-2021Posted, not captured———Posted, not capturedPDF
2019-2020Posted, not captured———Posted, not capturedPDF
2018-2019Posted, not captured———Posted, not capturedPDF
2017-2018Posted, not captured———Posted, not capturedPDF
2016-2017Posted, not captured———1 rowsPDF
2015-2016Posted, not captured———1 rowsPDF
2014-2015Posted, not captured———5 rowsPDF
2013-2014Posted, not captured———1 rowsPDF

Statements as published · FY 2024-2025

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Consolidated Statement of Financial Position

FY 2024-2025 · PDF page 5

FA − FL = Net FA: matchedNet FA + NFA = Acc. surplus: matched
20252024 Restated (Note 15)(other)
Financial assets
Cash and cash equivalents11,642,3877,258,985
Accounts receivable (Note 3)n31,281,823534,898
Portfolio investments (Note 4)n4600,0003,600,000
Advances to related Nation entities (Note 5)n5916-⚑
Funds held in trust (Note 6)n61,376,4301,312,298
Total financial assets14,901,55612,706,181
Financial liabilities
Accounts payable and accruals (Note 7)n7658,113517,181
Deferred revenue (Note 8)n83,965,3664,000,000
Total financial liabilities4,623,4794,517,181
Net financial assets10,278,0778,189,000
Contingencies (Note 9)
Non-financial assets
Tangible capital assets (Schedule 1)3,899,9201,326,701
Prepaid expenses20,73547,528
Total non-financial assets3,920,6551,374,229
Accumulated surplus (Note 10)n1014,198,7329,563,229

Consolidated Statement of Operations and Accumulated Surplus

FY 2024-2025 · PDF page 6

Rev − Exp = Surplus: matched
Schedules(other)2025 Budget (Note 13)(budget)20252024 Restated (Note 15)(other)
Revenue
Indigenous Service Canada⚑522,527480,063427,761
Indigenous Coastal Water Stewardship Society⚑1,000,0001,000,000-⚑
Ministry of Transport and Transit (Fraser River Tunnel Project)⚑-⚑746,373-⚑
Department of Fisheries and Oceans⚑475,884577,7681,478,805
BC Gaming⚑575,000532,831662,608
Other revenue⚑580,209485,199704,986
Interest income⚑378,000415,860322,434
Other First Nations organizations (Note 16)n16⚑367,842354,1671,175
Province of BC⚑4,133,291334,121180,987
Hul'qumi'num Treaty Group⚑239,950239,950244,950
Child and Family Development (Early Childhood)⚑30,000130,000115,800
Parks Canada⚑120,000110,701109,660
Coast Salish Employment and Training⚑85,477101,87782,111
Port Metro Vancouver⚑100,000100,000118,750
FN Health Authority⚑-⚑52,88410,000
Kwumut Lelum Child & Family⚑-⚑25,00072,783
Cultural records⚑-⚑12,25423,856
BC Special⚑-⚑478482
Declaration act⚑-⚑-⚑260,000
[total revenue]⚑8,608,1805,699,5264,817,148
Program expenses
Hul'qumi'num Treaty Group3239,449240,129244,950
Service Programs and Administration4780,799919,709902,226
Governance and Economic Development5924,629465,349353,438
Stewardship and Traditional Foods6917,4931,202,915566,712
Title Rights and Treaty7317,802336,646516,174
Trust863,00049,2756,800
Total expenditures (Schedule 2)⚑3,243,1723,214,0232,590,300
Operating surplus before other items⚑5,365,0082,485,5032,226,848
Other items
Contribution of Skutz Falls land (Note 17)n17⚑-⚑2,150,000-⚑
Loss on disposal of tangible capital assets⚑-⚑-⚑(4,201)
Annual surplus⚑5,365,0084,635,5032,222,647
Accumulated surplus, beginning of year, as originally stated⚑7,417,3347,417,3345,693,795
Prior period adjustments (Note 15)n15⚑-⚑2,145,8951,646,787
Accumulated surplus, beginning of year, as restated⚑7,417,3349,563,2297,340,582
Accumulated surplus, end of year (Note 10)n10⚑12,782,34214,198,7329,563,229

Consolidated Statement of Change in Net Financial Assets

FY 2024-2025 · PDF page 7

2025 Budget (Note 13)(budget)20252024 Restated (Note 15)(other)
Annual surplus5,365,0084,635,5032,222,647
Purchases of tangible capital assets-⚑(593,783)(505,823)
Amortization of tangible capital assets-⚑170,563148,594
Contribution of land-⚑(2,150,000)-⚑
Loss on sale of tangible capital assets-⚑-⚑4,201
Acquisition of prepaid expenses-⚑(27,192)(47,528)
Use of prepaid expenses-⚑53,986237,310
Increase in net financial assets5,365,0082,089,0772,059,401
Net financial assets, beginning of year8,189,0008,189,0006,129,599
Net financial assets, end of year13,554,00810,278,0778,189,000

Consolidated Statement of Cash Flows

FY 2024-2025 · PDF page 8

20252024 Restated (Note 15)(other)
Cash provided by (used for) the following activities
Operating activities
Annual surplus4,635,5032,222,647
Non-cash items
Amortization170,563148,594
Contribution of land(2,150,000)-⚑
Loss on disposal of tangible capital assets-⚑4,201
[subtotal]2,656,0662,375,442
Changes in working capital accounts
Accounts receivable(746,925)751,899
Prepaid expenses26,794189,782
Trust assets(64,132)(35,107)
Accounts payable and accruals140,932164,535
Deferred revenue(34,634)2,108,550
[total operating activities]1,978,1015,555,101
Capital activities
Purchases of tangible capital assets(593,783)(505,823)
Investing activities
Purchase of term investments-⚑(3,600,000)
Redemption of term investments3,000,0001,600,000
Advances to related Nation entities(916)-⚑
Change in investments-⚑281,683
[total investing activities]2,999,084(1,718,317)
Increase in cash and cash equivalents4,383,4023,330,961
Cash and cash equivalents, beginning of year7,258,9853,928,024
Cash and cash equivalents, end of year11,642,3877,258,985

Notes to the financial statements

Verbatim, as published. Statement lines above link to their notes.

Note 1Significant accounting policies

MethodRate
Boats
Furniture and equipment
Computer software
Computer equipment
Housing and trailers
Vehicles
Yurts
Water and sewer systems
Roads
Mobile application
Note 2Accounts receivable

20252024 Restated (Note 15)(other)
Ministry of Transport and Transit (Fraser River Tunnel Project)746,373-⚑
Other receivables297,906401,151
Fortis BC140,173-⚑
Indigenous Services Canada79,390-⚑
Province of BC12,632-⚑
Interest2,762123,333
Goods and Services Tax2,58710,414
[total]1,281,823534,898
Note 3Portfolio investments

20252024
GIC maturing January 6, 2026, bearing interest at 2.00%600,000600,000
Redeemed during the year-⚑1,000,000
Redeemed during the year-⚑1,000,000
Redeemed during the year-⚑1,000,000
[total]600,0003,600,000
Note 4Advances to related Nation entities

20252024
1489826 B.C. Ltd.458-⚑
1490868 B.C. Ltd.458-⚑
[total]916-⚑
Note 5Funds held in trust

20252024
Capital Trust
Balance, beginning of year998,200973,831
Royalties19,27924,369
Balance, end of year1,017,479998,200
Revenue Trust
Balance, beginning of year314,098303,360
Interest44,37543,456
British Columbia special distribution478482
[subtotal]358,951347,298
Less: distributions-⚑33,200
Balance, end of year358,951314,098
[total]1,376,4301,312,298
Note 6Accounts payable and accruals

20252024 Restated (Note 15)(other)
Trade payables536,888407,415
Wages and benefits payable121,225109,766
[total]658,113517,181
Note 7Deferred revenue

Balance, beginning of year Restated (Note 15)(other)Contributions receivedRevenue recognized(other)Balance, end of year(other)
Province of BC - community development4,000,000-⚑34,6343,965,366
Note 8Contingent assets

Outstanding portion of contingent paymentsTotal agreement
Trans Mountain Pipeline LP800,0001,000,000
Vancouver Fraser Port Authority905,0001,125,000
[total]1,705,0002,125,000
Note 9Accumulated surplus

20252024 Restated (Note 15)(other)
Equity in Ottawa Trust funds1,376,4301,312,298
Equity in tangible capital assets3,899,9201,326,701
Surplus in operating fund8,922,3826,924,230
[total]14,198,7329,563,229
Note 10Budget information

[value]
Budgeted surplus per the Consolidated Statement of Operations and Accumulated Surplus5,428,008
Adjusted for:
Acquisitions of tangible capital assets(1,139,200)
Amortization(110,000)
Budgeted use of prior year surplus carry forwards4,931,093
Reserved for future years initiatives and funding restrictions(7,192,431)
Budgeted surplus per Hereditary Chief and Council approved budget1,917,470
Note 11Four Pillars funding

[value]
Four Pillars funding200,000
Note 12Contribution of Skutz Falls land

[value]
Contribution of Skutz Falls land2,150,000
Note 13Schedule 1 - Consolidated Schedule of Tangible Capital Assets

BoatsFurniture and equipment(other)Computer software(other)Computer equipment(other)Buildings(other)Vehicles(other)Subtotal(other)
Cost
Balance, beginning of year718,662248,17559,867164,586494,242174,2041,859,736
Acquisition of tangible capital assets27,000108,46223,0659,049-⚑-⚑167,576
Construction-in-progress
Disposal of tangible capital assets
Balance, end of year745,662356,63782,932173,635494,242174,2042,027,312
Accumulated amortization
Balance, beginning of year200,351141,20948,390137,139207,877123,583858,549
Annual amortization79,77230,5232,45917,58423,14315,186168,667
Balance, end of year280,123171,73250,849154,723231,020138,7691,027,216
Net book value of tangible capital assets465,539184,90532,08318,912263,22235,4351,000,096
Net book value of tangible capital assets 2024518,31198,3853,10735,817294,94650,6211,001,187
SubtotalRoads(other)Water and sewer systems(other)Guardian station(other)Land(other)2025(other)2024(other)
Cost
Balance, beginning of year1,859,73632,65526,121-⚑281,9412,200,4531,698,832
Acquisition of tangible capital assets167,576-⚑-⚑-⚑2,150,0002,317,576505,823
Construction-in-progress-⚑-⚑-⚑426,207-⚑426,207-⚑
Disposal of tangible capital assets-⚑-⚑-⚑-⚑-⚑-⚑(4,201)
Balance, end of year2,027,31232,65526,121426,2072,431,9414,944,2362,200,454
Accumulated amortization
Balance, beginning of year858,5499,2525,952-⚑-⚑873,753725,159
Annual amortization168,6671,089807-⚑-⚑170,563148,594
Balance, end of year1,027,21610,3416,759-⚑-⚑1,044,316873,753
Net book value of tangible capital assets1,000,09622,31419,362426,2072,431,9413,899,9201,326,701
Net book value of tangible capital assets 20241,001,18723,40320,170-⚑281,941-⚑1,326,701
Note 14Schedule 2 - Consolidated Schedule of Expenses by Object

2025 Budget (Note 13)(budget)20252024 Restated (Note 15)(other)
Consolidated expenses by object
Amortization-⚑170,563148,594
Bank charges and interest3,0004,4783,581
Boat expense43,00050,01526,206
Consulting899,289742,184576,505
Donations12,1005,8481,094
Education recognition14,50014,62513,750
Elections-⚑-⚑22,456
Equipment-⚑5,152300
Events32,67516,32610,269
Funeral-⚑-⚑5,000
Honouraria159,300100,760142,435
Insurance37,70447,60140,642
Licenses, dues and fees1,4001,5613,494
Materials and supplies63,92878,15955,475
Meeting85,78775,14122,328
Office45,00079,43750,873
Per capita distributions63,00049,2756,800
Professional fees168,380134,812122,476
Rent38,60036,40832,223
Repairs and maintenance20,31217,1016,580
Salaries and benefits941,8671,028,011841,126
Traditional food expense20,50013,0937,916
Training122,50067,09877,251
Travel136,644140,345106,487
Tuition, books and student living allowances234,289308,821242,424
Utilities and telephone21,39713,47212,534
Vehicle15,00013,73711,481
[total]3,180,1723,214,0232,590,300

Chief and council pay · FY 2024-2025

5 certified rows

Filed under the FNFTA as the Schedule of Remuneration and Expenses.

PositionNameRemunerationExpensesTotal
CouncillorBrena Robinson$40,100$8,248—
Hereditary ChiefPahalicktun Thomas$47,094$1,868$48,962
CouncillorRachel Flowers$21,050$952—
Hereditary ChiefShana Thomas$75,000$9,441—
CouncillorShayli Robinson$29,657$1,770—

Schedules of remuneration are published unaudited. These are certified compatibility rows; blank totals stay blank and the application does not manufacture a combined total. The lossless release also preserves every printed component and service term (capture method: dual vision v2). Source document

Specific land claims

All years, from the ISC specific-claims reporting centre, not the financial statement.

IR 3 Garner (TL 261) LoggingInvited to Negotiate—

Active

Filed 2017/06/12 · Source: Status Report on Specific Claims · as of 2026/06/19 ISC source

Reserve AllotmentConcluded—

No Lawful Obligation Found

Filed 2012/11/07 · Source: Status Report on Specific Claims · as of 2026/06/19 ISC source

Valdes Island Reserve CreationUnder Assessment—

Justice Department Preparing Legal Opinion

Filed 2024/09/09 · Source: Status Report on Specific Claims · as of 2026/06/19 ISC source

Total reported settlements (3 claims)—

Community context

Governance

Chief
SHANA (LAXELE'WUTS'AAT) THOMAS
Council
3 councillors
Election system
Custom Electoral System
Tribal council
None recorded
Show council
  • RACHEL FLOWERS Councillor
  • BRENA ROBINSON Councillor
  • SHAYLI ROBINSON Councillor

Reserves and location

Reserves
3 reserves
Region
BRITISH COLUMBIA · near Victoria
Show reserves
  • LYACKSUN 3 · 711 ha
  • SHINGLE POINT 4 · 32 ha
  • PORTIER PASS 5 · 2 ha

Population

Registered
239
On reserve
13
As of
May, 2026
Show full breakdown
  • On own reserve: 13 · 7 M / 6 F
  • On other reserves: 22 · 10 M / 12 F
  • On own Crown land: 0 · 0 M / 0 F
  • On other band Crown land: 0 · 0 M / 0 F
  • On no band Crown land: 0 · 0 M / 0 F
  • Off reserve: 204 · 93 M / 111 F

Registry facts from the ISC First Nation profiles; land and coordinates from federal open data.