2016-17 | $m |
---|---|
Balance of fund at 1 July 2016 | 23.4 |
Income and expenditure | |
Income from electric gaming machine in hotels* | 96.9 |
Income from interest earned on cash balance | 0.4 |
Total income | 97.3 |
Total expenditure by program | 93.2 |
Balance of the fund at 20 June 2017 | 27.5 |
*The opening balance has $21.3m reported in the 2015-16 statement. It has been adjusted upwards by $2.1m due to a previous year's correction.
Total outstanding commitments | $m |
---|---|
Total outstanding program commitments at 1 July 2016 | 220.3 |
Plus program approvals made in 2016-17 | 1.9 |
Less expenditure in 2016-17 | 92.9 |
Total outstanding commitments at 30 June 2017 | 129.3 |
It should be noted that while many of the grants listed benefit specific communities, many programs run across several locations or state-wide, therefore any attempt to calculate investment by location will be a significant underestimation.
Investments from the CSF are made based on community need rather than being matched to gaming expenditure in any given area.
Community Support Fund grant approvals 2016-17
Grants that were approved between 1 July 2016 and 30 June 2017 listed by Community Support Fund funded program. Grants approved represent total dollar commitments from a program to individual community projects. Expenditure relating to these commitments usually occurs between one and four years after the commitment is made depending on the nature of the project.
While many of the grants listed benefit specific communities, many programs run across several locations or state-wide, therefore any attempt to calculate investment by location will be a significant underestimation.
Investments are made based on community need rather than being matched to gaming expenditure in any given area.
Community Support Fund outcomes summary 2016-17
Departmental initiatives finalised in 2016-17.
Updated