Territory Stories

Annual Report 2019-2020 Community Benefit Fund

Details:

Title

Annual Report 2019-2020 Community Benefit Fund

Other title

Tabled Paper 121

Collection

Tabled Papers for 14th Assembly 2020 -; Tabled Papers; ParliamentNT

Date

2020-11-11

Description

Deemed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

Publisher name

Legislative Assembly of the Northern Territory

Place of publication

Darwin

File type

application/pdf

Use

Copyright

Copyright owner

Legislative Assembly of the Northern Territory

License

https://www.legislation.gov.au/Details/C2021C00044

Parent handle

https://hdl.handle.net/10070/810829

Citation address

https://hdl.handle.net/10070/810830

Page content

2019-20 Community Benefit Fund Annual Report Page 1 Community Benefit Fund Annual Report 2019-20 Highlights COVID-19 significantly impacted revenue this year. Over $12.5 million dollars in grants paid. Table 1: Community Benefit Fund Summary of Actual Cash Flow 2019-20 Revenue and Payments Sub Total $ Total $ Opening Balance at 1 July 2019 4 815 873 Revenue Community Benefit Levy 9 684 203 Revenue Returned Grants 213 500 Total Revenue 14 713 576 Payments: Gambling Amelioration Grants 1 851 683 Gambling Research Grants 924 321 Minor Community Organisation Grants 2 029 622 Major Community Grants 6 142 408 Vehicle Gifts / Long Term Loans Major Community Events 306 135 1 298 602 Total Grants paid 12 552 771 Administration 366 026 Total Expenditure 12 918 797 Closing balance at 30 June 2020* 1 794 779 * Closing balance includes funds that have been committed but are yet to be paid.