Six Nations own source revenues continues to bail out band deficits
Six Nations own source revenues continues to bail out band deficits

By Lynda Powless Editor Six Nations Elected Council (SNEC), who has had its 2023-2024 audit for weeks, finally dropped the document on its website Monday showing the community is picking up over $9 million in costs to run government programs. The almost six-month late audit shows last year (2022-2023) the band received a total of $120,103,972 in federal and provincial government transfers compared to the cost to run the band at $129,262,977. Without Six Nations own source revenues SNEC would have been facing an almost $10 million deficit. Looking at the 2023-2024 audit it shows Six Nations own source revenues totaled $38,763,053, that included $11,663,674 in Ontario First Nation Ltd Partnership (OFNLP) funding, rent and land related revenues of $14,685,707, donations of $1,314,742, Investment income of $10,561,290 ,a Grand River

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