Kahkewistahaw 1907 Trust 2018 Annual Report
To the Membership of Kahkewistahaw First Nation,
My name is Alexander Lerat your current Trust Lands Officer, I have been an employee with Kahkewistahaw 1907 Trust for approximately 1 year, hired May, 2018. I have 3½ years' experience working as a Lands Officer, 2½ of those years were served on my home Reserve for the Cowessess TLE Department. As for my Education, I have my 1st year certification in Indigenous Resource Land Management recieved from the University of Sasketchewan, Additions to my to Reserve and Reserve Creation training offered by INAC, Holistic Management certificate- a Government recognized farming Certificate, Drone license, 1A License, I have also attended numerous workshops that contribute to building my qualifications and knowledge for this field of work.
Under the terms of of the Chief Kahkewistahaw Settlement Agreement, the Trust is required to purchase 29,000 acres of land within the Province of Saskatchewan and transfer these lands to Reserve Status and transfer these lands to Reserve Status within 30 years of the effective date (November 25,2002) of the Settlement Agreement. There remains 13 years to purchase a balance of 15,714.94 acres. In order to attain our goal, we will be required to purchase at least 7,5 quarter sections(1,208.84 acres) of land every year for the next 13 years on average.
The 2018 land purchases accumulated to 2027.44 acres bought by the First Nation, spending $2,623,052.80 to acquire. This works out to $1,293.78/acre. The average acre in South East Saskatchewan was $1,172.00/acre for 2018, making the purchase $121.78 more than the provincial average value, which works out to being 9.4%. Do keep in mind that the average value of Canadian farmland purchases increased 8.4%, with Saskatchewan having an increase of 10.2% in 2018. Keeping our purchases in proximity of fair market rates
Figure 2, shows that the total land needed to reach of 29,000acres, the amount purchased to date is 13,285.08 acres, with a balance of 15,714.92 acres to be purchased. Of the purchased acres, there has been a total of 7,963.93 acres transferred to reserve status leaving the total amount of 5,321.15 acres held by the holding company
Figure 3, shows the price of land in each year for a total $7,884,327.00 up until 2017. When you include 2018 ($2,623,052.80) the Total amount spent as of December 31, 2018 is $10,507,379.80
NOTE: Nothing was purchased in 2017
Land Acquisition Proccess
On February 7,2004, the Trustees and the Chief and Council approved a Land Acquistion Proccess, which sets out the procedures for purchasing the land, as follows:
Land Property Taxes
Under Article 3.1(e) of the Chief Kahkewistahaw Settlement Agreement the First Nation is required to offer the affected rural municipality five times the Municipal Taxes based on the year prior to the land recieving reserve status, as tax loss compensation. Figure 5 shows the tax loss compensation paid to the Rural Municipalities for those base tax years. The total paid to date is $81,225.41.
Note: The years 2013 to 2018 where no Tax Loss Compensation was paid, indicates that the lands have not yet went to Reserve Status. This is mainly due to incomplete negotiations with resolving third party interests. Arrangements and meetings have been continous and we will continue to pursue reserve status as soon as possible.
Under article 3.1 (e) of the Kahkewistahaw Settlement Agreement the First Nation is required to offer the affected Rural Municipality five times the annual Municipal Taxes based on the year prior to the setting apart of the land as reserve as tax loss compensation. Figure 6 shows the amount of taxes paid to the Rural Municipality in every year for the lands that are held in fee simple while they are in proccess of attaining reserve status.
Note: 2017 = $21,824.72 2018 = $35,997.53
Figure 7 Represents the land lease revenue from 2003 to 2018 for a total of $466,608.00 For the year 2018, a total of $58,060.00 was collected in lease revenue. Lease revenue decreases as land attains reserve status. Once land attains reserve status the lease file is transfered to the First Nation for the management and adminstration, and as the Trust purchase more land and leases it out, there is a fluctuation in land lease revenue from one year to the next.