Community Benefit Statement
Name of approved Venue: MOONEE VALLEY RACING CLUB
Address of approved venue: CORNER WILSON & THOMAS STREET MOONEE PONDS VIC 3039
Venue operator: MOONEE VALLEY RACING CLUB INC
Licence number: V9780055
Financial year ended 30 June 2015

CLASS OF CLAIM AND CATEGORY WITHIN CLASS Amount of revenue applied
CLASS A: Venue operators may claim up to 100 percent of revenue applied to a Class A purpose or activity.
Class A (a).  Donations, gifts and sponsorship (including cash, goods and services) to another person resident in Victoria, not including to the club itself, for the purpose or activities set out below.
(i) any educational purpose; $0
(ii) the provision of health services or care; $0
(iii) services for the prevention and treatment of problem gambling and drug and alcohol addictions; $0
(iv) housing assistance for disadvantaged persons; $0
(v) the relief of poverty; $0
(vi) the provision of services and assistance for the aged; $0
(vii) the provision of services and assistance for young people; $0
(viii) the protection and preservation of the environment; $0
(ix) the provision of assistance to relieve distress caused by natural or other disasters; $0
(x) the provision of advice, support and services to ex-service personnel, their carers and families; $0
(xi) any other philanthropic or benevolent purpose; $19,230
(xii) any sporting or recreational purpose, excluding any club that holds a venue operator’s licence. $0
Class A (b). The cost of providing and maintaining sporting facilities for use by club members. $4,348,053
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $51,543
Class A (d). Voluntary services provided by members and/or staff of the club to another person in the community, in fulfilment of Class A(a)(i)-(xii) above. $0
Class A (e). Advice, support and services provided by the RSL (Victorian Branch) to ex-service personnel, their carers and families. $0
CLASS A – TOTAL $4,418,826
CLASS B: Venue operators may claim an amount equal to the proportion of the club’s non-gaming revenue to its total revenue for Class B.
Non-Gaming Revenue proportion % 0
Class B (a). Capital expenditure. $1,282,345
Class B (b). Financing Costs (including principal and interest). $0
Class B (c). Retained earnings accumulated during the year. $0
Class B (d). The provision of buildings, plant or equipment over $10,000 per item excluding gaming equipment or the gaming machine area of the venue. $0
Class B (e). Operating costs. $37,518,319
CLASS B – TOTAL $38,800,664
CLASS C: Venue operators may claim up to 100 percent of revenue applied to a Class C purpose or activity.
Class C (a). The provision of responsible gambling measures and activities but excluding those required by law. $0
Class C (b). Reimbursement of expenses reasonably incurred by volunteers. $0
Class C (c). CBS preparation and auditing expenses to a maximum of $3,000. $1,750
CLASS C – TOTAL $1,750
CBS TOTAL (CLASS A + B + C) $43,221,240


I, Michael John Browell, certify that:
1. The claims are consistent with the Ministerial Order made on 28 June 2012.
2. The following information is accurate for the financial year:
  a) The percentage (if any) of the venue’s gaming revenue applied to community purposes or activities under Classes A, B and C.
b) The value of any non-financial contribution to community purposes (e.g. voluntary work) by, or on behalf of the venue operator, expressed as a percentage of the venue’s revenue.
c) Any amount payable by a gaming operator under a declaration made by the VGCCC under section 3.6.8(4A) of the Gambling Regulation Act 2003 (the Act), expressed as a percentage of the venue's gaming revenue.
  The amount is
 
less than  
equal to  
greater than  X 
  8 1/3 per cent of the venue’s gaming revenue for that financial year, as the required by section 3.6.2 of the Act.
3. The CBS in relation to MOONEE VALLEY RACING CLUB INC, has been audited by the suitably qualified person of Glenn Carmody of Ernst & Young on 23/09/2015.
I confirm that an independent auditor’s statement dated 29/09/2015 has been received which states that, in the auditor’s opinion, this CBS presents fairly, in accordance with applicable Accounting Standards in Australia, and, is consistent with the auditor’s understanding of sections 3.6.9(2)(a) and (b) and section 3.6.9(3) of the Act, the MOONEE VALLEY RACING CLUB INC,’s compliance with the Act for the financial year ended 30 June 2015.

Declaration to be completed by the venue operator
  I, Michael John Browell, declare that:
1. The information contained in this CBS form is true and correct to the best of my knowledge.
2. I have retained all relevant documentation used in the preparation and auditing of this CBS.
3. I acknowledge that it is an offence to provide false or misleading information.

I understand that by typing my name below, I am deemed to have signed this CBS form.
Michael John Browell, Chief Executive Officer
Community Benefit Statement - Schedules
Class Details Amount
Class A (a). (i)Donations / Gifts / Sponsorships$0
Class A (a). (xi)Donations / Gifts / Sponsorships$19,230
Class A (b).Security$53,249
Class A (b).Motor Vehicle$61,984
Class A (b).Admin$4,826
Class A (b).Cleaning$85,397
Class A (b).Repairs & Maintenance$219,087
Class A (b).Equipment Hire$5,137
Class A (b).Photocopying$99
Class A (b).Perm Wages$1,695,430
Class A (b).Telephone$8,406
Class A (b).Casual Wages$129,745
Class A (b).Postage$89
Class A (b).Supplies$42,468
Class A (b).Rates & Taxes$738,295
Class A (b).Merchandise$697
Class A (b).Staff Costs$23,094
Class A (b).Track & Ground Supplies$161,306
Class A (b).Utilities$592,074
Class A (b).Travel & Accom$1,252
Class A (b).General Occupancy$74,280
Class A (b).Occupancy Services$332,562
Class A (b).Contractors$91,647
Class A (b).Entertainment$9,528
Class A (b).Printing$1,378
Class A (b).Consunmables$16,023
Class A (c). Senior Meals - Discount$49,903
Class A (c). Bus Groups$1,640
Class B (a).2011 Commuter Bus$30,123
Class B (a).Tree lighting$21,705
Class B (a).PABX replacement project$73,305
Class B (a).Core network redisgn$72,767
Class B (a).Outdoor furniture$50,388
Class B (a).Master Plan$167,933
Class B (a).Lawn Bar display fridge$21,121
Class B (a).Website phase 2 - CRM integration$91,139
Class B (a).Workstation replacement$24,902
Class B (a).Online recruitment, onboarding tool$38,815
Class B (a).Server Licensing$12,594
Class B (a).Octaganol TVs$13,351
Class B (a).CRM project$384,028
Class B (a).Obs deck upgrade$26,674
Class B (a).Cooling Tower$44,920
Class B (a).Improvements to jockey bar$12,283
Class B (a).TVs in committee room$25,032
Class B (a).Office sliding door$9,621
Class B (a).Asphalt in mounting yard$72,272
Class B (a).New Website - Thevalley.com$49,232
Class B (a).Trakus Installation$40,140
Class B (e).Motor Vehicle$19,102
Class B (e).Telephone$155,004
Class B (e).Staff Costs$113,266
Class B (e).Consultancy$248,837
Class B (e).Travel & Accom$38,381
Class B (e).Bank Fees$117,524
Class B (e).Contractors$129,732
Class B (e).Meeting Expenses$600,037
Class B (e).Depreciation$8,600
Class B (e).Race Books$149,754
Class B (e).Printing$210,078
Class B (e).Supplies$9,092
Class B (e).Promotions$669,194
Class B (e).Consumables$229,367
Class B (e).Computer$146,477
Class B (e).Catering COGS$2,870,238
Class B (e).Admin$301,559
Class B (e).Insurance$170,624
Class B (e).Cleaning$869,266
Class B (e).General Payroll$172
Class B (e).Merchandise$88,131
Class B (e).Occupancy Services$1,585
Class B (e).Advertising$945,864
Class B (e).Sponsorship$51,860
Class B (e).Returns to Owners$18,643,286
Class B (e).Utilities$140,744
Class B (e).Security$430,949
Class B (e).Casual Wages$3,836,896
Class B (e).Photocopying$61,976
Class B (e).Rates & Taxes$35,448
Class B (e).Postage$105,958
Class B (e).Interest$10,144
Class B (e).Room set up$144,812
Class B (e).Perm Wages$4,453,754
Class B (e).Entertainment$566,889
Class B (e).Equipment Hire$746,697
Class B (e).Repairs & Maintenance$197,022
Class C (c).Preperation$1,750


 
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2015 MVRC CBS Independent Auditors Report.pdf