Xa'Xtsa | Douglas First Nations
Douglas First Nation is a First Nations band government located in Mount Currie, British Columbia, part of the St'at'imc Nation
Overview
Last Updated 2026-03-26 06:14:24 UTCBand Council
DON HARRIS
Chief
JACOB PETE
Councillor
EDITH SAM
Councillor
COLIN LINGER
Councillor
Administrative Contacts
Financial Overview
DOUGLAS INDIAN BAND FINANCIAL SUMMARY
Fiscal Year 2024-2025 (Ending March 31, 2025)
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DISCLAIMER: This financial summary was generated using artificial intelligence
based on publicly available audited financial statements and has been reviewed
by a human analyst. While care has been taken to ensure accuracy, users should
verify critical information against the original audited financial statements
prepared by Reid Hurst Nagy Inc.
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EXECUTIVE SUMMARY
Douglas Indian Band generated total revenue of $9,137,204, up 4.8% from the
prior year, driven by diverse revenue streams including ISC funding, First
Nation Health Authority contributions, and Harrison Hydro LP partnership income
of $751,294. The Band achieved an annual surplus of $826,842, down 51.3% from
prior year, while accumulated surplus increased to $20,500,902. Net financial
assets declined to $1,068,162 from $1,810,277, reflecting major capital
investments of $2,906,797 in community infrastructure and housing. The Band
maintains cash of $5,777,353, including restricted reserves of $367,167.
Long-term debt increased to $408,731, demand loans rose to $2,668,118, and
capital lease obligations reached $965,721. The Band maintains a 9.0% operating
margin and continues diversifying revenue beyond government transfers.
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FINANCIAL POSITION
Total Assets: $33,039,484
- Financial Assets: $14,674,906 (includes Cash: $5,777,353)
- Tangible Capital Assets: $19,349,136
- Portfolio Investments: $4,864,024
Total Liabilities: $13,606,744
- Demand Loans: $2,668,118
- CMHC Mortgages: $1,883,716
- Deferred Revenue: $5,019,565
- Capital Lease Obligation: $965,721
- Accounts Payable: $646,816
- Long-term Debt: $408,731
Net Financial Assets: $1,068,162 (down 41.0% from prior year)
Accumulated Surplus: $20,500,902 (up 5.7% from prior year)
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REVENUE & OPERATIONS
Total Revenue: $9,137,204 (up 4.8% from prior year)
Major Revenue Sources:
- Indigenous Services Canada: $2,587,687 (28.3%)
- First Nation Health Authority: $1,354,073 (14.8%)
- Harrison Hydro LP: $751,294 (8.2%)
- BCFN Gaming Revenue: $571,543 (6.3%)
- Investment Income: $440,543 (4.8%)
- Province of BC: $332,324 (3.6%)
- First Nations Education Steering Committee: $238,660 (2.6%)
- Reimbursement for Energy Consumption: $242,659 (2.7%)
- Rental: $256,431 (2.8%)
- Canada Mortgage and Housing Corporation: $144,942 (1.6%)
- Net Loss from Government Business Partnership: ($136,429) (-1.5%)
- Other Sources: $2,303,477 (25.2%)
Total Expenditures: $8,310,362 (up 18.4% from prior year)
Major Program Expenditures:
- Governance & Administration: $2,246,016 (27.0%)
- Education: $1,437,972 (17.3%)
- Health: $1,273,400 (15.3%)
- Capital Fund: $957,972 (11.5%)
- Community Infrastructure: $869,508 (10.5%)
- Economic Development: $683,829 (8.2%)
- Housing: $448,019 (5.4%)
- Social Development: $288,499 (3.5%)
- Business Enterprises Fund: $73,829 (0.9%)
- Internally Restricted Capital Bylaw Fund: $31,318 (0.4%)
Annual Surplus: $826,842 (down 51.3% from prior year)
Operating Margin: 9.0%
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KEY FINANCIAL METRICS
- Financial Assets to Liabilities Ratio: 1.08:1
- Debt-to-Assets Ratio: 21.3%
- Self-Generated Revenue: 71.7% of total
- Cash Reserves: 8.3 months of operating expenses
- Harrison Hydro LP Income: $751,294 from partnership investment
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CHIEF & COUNCIL REMUNERATION
Name Position Remuneration Expenses Total
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Donald Harris Chief $76,980 $12,506 $89,486
Oliver Peters Councillor $18,403 $0 $18,403
Colin Linger Councillor $27,825 $0 $27,825
Andreanna Peters Councillor $33,841 $0 $33,841
Total Governance Compensation: $169,555 (1.9% of total revenue)
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Source: Audited consolidated financial statements, Reid Hurst Nagy Inc., July 29, 2025
Band Financial Statements
Band Council Remuneration
Band Owned Corporations
No Content Available
Laws, Bylaws, and Codes
Intergovernmental Agreements
Active Court Cases
Downloadable Court Records
Location Map
Reserves
-
ISC Code: 8013
DOUGLAS 8
416.8 Hectares
NEW WESTMINSTER DISTRICT, AT THE HEARD OF HARRISON LAKE AND AT THE MOUTH OF THE ILLOOET RIVER
[49.7547291, -122.1609439] -
ISC Code: 8012
TIPELLA 7
0.3 Hectares
NEW WESTMINSTER DISTRICT, ON RIGHT BANK OF ILLOOET RIVER
[49.736036, -122.147218] -
ISC Code: 8011
LELACHEN 6
15.2 Hectares
NEW WESTMINSTER DISTRICT, ON BOTH BANK OF THE LILLOOET RIVER
[49.78780159999999, -122.2218972]
Media Reports
Academic Research
Band Publications
No Content Available
Third Party Reports
No Content Available