Pinehouse Village 2012 financial statements

The global dollar amounts in financial statements are never easy to decipher, but for Pinehouse the important categories to focus on are: (1) Statement 2 – Revenue & Expenses; (2) Statement 4, Note 6 – Long-term investments re Pinehouse Business North ; and (3) Schedule 10 – Council Remuneration.

Note especially remuneration for Councillor Greg Ross in this fiscal year.

Also note that the net income for Pinehouse Business North for this year is reported as $3,163,079. However, in the PBN 2012 unaudited financial statement, the “net income for the year” is indicated as $102,609.  The Village refuses to release documents to explain the huge discrepancy between the two figures.  In June 2016, the Saskatchewan Information and Privacy Commissioner found that the Village did not properly apply subsection 17(1)(f) of the Local Authority Freedom of Information and Protection of Privacy Act in refusing access to the records. He recommends the Village release the responsive records.