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 2024

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; $18,143
(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. $438,349
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $49,326
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 $505,818
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 % 43.95
Class B (a). Capital expenditure. $0
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. $1,698,398
CLASS B – TOTAL $1,698,398
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. $1,100
CLASS C – TOTAL $1,100
CBS TOTAL (CLASS A + B + C) $2,205,316


I, Michael 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 Ernst & Young of Ernst & Young on 26/09/2024.
I confirm that an independent auditor’s statement dated 26/09/2024 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 2024.

Declaration to be completed by the venue operator
 X  I, Michael 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 Browell, Nominee
Community Benefit Statement - Schedules
Class Details Amount
Class A (a). (xi)Donations / Gifts / Sponsorships$18,143
Class B (e).Licence fees$5,463
Class B (e).Subscriptions / memberships$27,081
Class B (e).Sundry expenses$6
Class B (e).Advertising$24,861
Class B (e).Bank Fees$9,155
Class B (e).Casual Wages COGS$439,055
Class B (e).Casuals Wages - Non COGS$170,796
Class B (e).Catering COGS$378,551
Class B (e).Cleaning$79,813
Class B (e).Consumables$23,152
Class B (e).Entertainment$698
Class B (e).Equipment Hire$16,637
Class B (e).Permanent Wages - Non COGS$147,996
Class B (e).Permanent Wages COGS$81,783
Class B (e).Printing and Stationery$3,602
Class B (e).Promotions$35,273
Class B (e).Repairs and Maintenance$25,402
Class B (e).Room and Event Set-up$2,039
Class B (e).Security$91,748
Class B (e).Staff Costs$21,777
Class B (e).Supplies$1,999
Class B (e).Utilities$92,893
Class B (e).Motor Vehicle$1,134
Class B (e).Rates and Taxes$11,086
Class B (e).Contractors$94
Class B (e).Occupancy Cost Expenses$6,304
Class A (b).Wages$294,899
Class A (b).Cleaning$5,384
Class A (b).Contractors$645
Class A (b).Equipment Hire$5,493
Class A (b).Motor Vehicle$15,038
Class A (b).Repairs and Maintenance$10,763
Class A (b).Supplies$224
Class A (b).Track and Ground Supplies$42,055
Class A (b).Utilities$3,232
Class A (b).Rates and Taxes$60,616
Class A (c). 2 for 1 Seniors Special$573
Class A (c). 2 fo 1 Discount$796
Class A (c). Food Discount$5,817
Class A (c). Kids Menu Discount$39
Class A (c). Seniors Main Discount$3,036
Class A (c). Soft Drink$4,676
Class A (c). Thursday Burger Discount$1,374
Class A (c). Wednesday Parma Discount$28,915
Class A (c). Week Night$4,100
Class C (c).CBS preparation and auditing expenses$1,100



 


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