Financial overview 2016-17

Overview

Financial overview of income and expenditure, and total outstanding commitments for 2016-17.


 2016-17  $m
 Balance of fund at 1 July 2016 23.4
 Income and expenditure  
 Income from EGM* in hotels** 96.9
 Income from interest earned on cash balance 0.4
 Total income 97.3
 Total expenditure (DOCX 52kb) 93.2
 Balance of the fund at 30 June 2017  27.5

 

Total outstanding commitments  $m
Total outstanding program commitments at 1 July 2016  220.3
Plus program approvals made in 2016-17 (DOCX 48kb) 1.9
Less expenditure in 2016-17  92.9
Total outstanding commitments at 30 June 2017  129.3

 

* Electronic gaming machine

** 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.

*** The opening balance has $220.6m reported in the 2015-16 statement. It has been adjusted downwards by $0.3m due to a previous year's correction.


Grant approvals

This website provides details of all CSF grants approved during the 2016-17 financial year - see related publications. Information will be updated annually.

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.