Annual Report 2019-2020 Community Benefit Fund
Tabled Paper 121
Tabled Papers for 14th Assembly 2020 -; Tabled Papers; ParliamentNT
2020-11-11
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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.
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Tabled papers
Legislative Assembly of the Northern Territory
Darwin
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Legislative Assembly of the Northern Territory
https://www.legislation.gov.au/Details/C2021C00044
https://hdl.handle.net/10070/810829
https://hdl.handle.net/10070/810830
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.