In 2023-24, the CSF received $175.18 million in revenue and incurred $118.84 million in expenditure as reported in the DTF Annual Report.
Funding from the CSF was provided to support various projects with community benefits that align with the CSF funding objectives legislated in the Gambling Regulation Act 2003.
During the 2023-24 financial year the CSF trust has an opening cash balance of $187.45 million, with net cash movement of $79.38 million resulting in a closing cash balance of $266.82 million.
Below is a percentage breakdown of the CSF 2023-24 grant expenditure by funding purpose:
- 31.32 per cent of the CSF funding was allocated for tackling problem gambling which is one of the top priorities for the CSF.
- 27.25 per cent of the CSF funding was allocated to community services related projects.
- 20.38 per cent of the CSF funding was allocated to arts, tourism and youth related projects.
- The remaining 21.05 per cent of funding was allocated across various other funding objectives.
Community Support Fund 2023-24 grant expenditure by funding purpose
Table 1: CSF 2023-24 Operating Statement
2023-24 | $ million |
Revenue | |
from the operation of electronic gaming machines | 175.15 |
from interest received from deposits | 0.00 |
from forfeited winnings | 0.03 |
Total revenue | 175.18 |
Expenditure | |
total grant expenditure in 2023-24 | 118.24 |
administration costs | 0.60 |
Total expenditure | 118.84 |
Net surplus | 56.34 |
Departmental grant expenditure breakdown for 2023-24
A breakdown of grant expenditure to individual Departments is provided in CSF Expenditure to Departments by Project in 2023‑24.
New CSF projects approved in 2023-24
There were 23 new CSF projects approved in 2023-24. These projects support a wide range of community organisations and councils to build strong and sustainable communities across Victoria.
Details of the new CSF projects can be found in in CSF New Project Approvals in 2023-24.
Final outcomes summary for the CSF projects completed in 2023-24
There have been 17 CSF projects completed in 2023-24. The relevant government portfolio departments have administered the delivery of these projects and provided the final outcomes summary on these projects.
A summary of these completed projects can be found in CSF Final report outcomes 2023-24.
Updated