Reporting of Remuneration and Expenses [First Nations Financial Management Board, FNFMB]

Reporting to the First Nation on money paid to and money expensed by each Councillor is part of sound governance practices and reinforces Council’s accountability to its members. This report is to be completed yearly.

The FAL requires that Council create a policy on this that includes the steps for:

the creation of this report by the senior financial officer
including all payments and expenses for each Councillor (whether acting as a Councillor or as another role or position) in the report
keeping records for each Councillor’s payments and expenses, in a safe and private manner
publishing this report in the First Nation’s annual report