Community Benefit Statement
Name of approved Venue: MVRC JUNCTION CLUB
Address of approved venue: 740 MT ALEXANDER ROAD MOONEE PONDS VIC 3039
Venue operator: MOONEE VALLEY RACING CLUB INC
Licence number: V9780055
Financial year ended 30 June 2017

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; $9,283
(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. $456,091
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $0
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 $465,374
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. $17,476
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. $697,131
CLASS B – TOTAL $714,606
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. $96
CLASS C – TOTAL $96
CBS TOTAL (CLASS A + B + C) $1,180,076


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 Brett R Croft of Ernst & Young on 28/09/2017.
I confirm that an independent auditor’s statement dated 28/09/2017 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 2017.

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). (xi)Donations / Gifts / Sponsorships$9,283
Class A (b).Motor Vehicle$5,407
Class A (b).Photocopying$29
Class A (b).Travel and Accommodation$153
Class A (b).Security$6,323
Class A (b).Rates and taxes$109,760
Class A (b).Cleaning$5,682
Class A (b).Casual Wages - Non COGS$12,071
Class A (b).Permanent Wages - Non COGS$164,764
Class A (b).Occupancy services$25,968
Class A (b).Staff Costs$856
Class A (b).Merchandise$47
Class A (b).Repairs and Maintenance$20,516
Class A (b).Equipment Hire$566
Class A (b).Administration$360
Class A (b).Contractors$8,252
Class A (b).Track and Ground Supplies$18,693
Class A (b).Telephone and Communication$701
Class A (b).Consumables$1,305
Class A (b).Utilities$65,054
Class A (b).Entertainment$566
Class A (b).Printing and Stationery$2
Class A (b).Supplies$4,043
Class A (b).General occupancy$4,955
Class A (b).Postage and Courier$20
Class B (a).TV for bar menus$207
Class B (a).Modifications to MVRC Wifi$242
Class B (a).Barcode Readers x 7$299
Class B (a).Master Plan$15,527
Class B (a).Migrate MVRC Intranet to MS Sharepoint$308
Class B (a).Pedestrian walkway from Northern turnstile to Legends$290
Class B (a).New Tower at 400m$426
Class B (a).Eticketing$176
Class B (e).Consumables$3,810
Class B (e).Utilities$1,890
Class B (e).Permanent Wages - Non COGS$86,685
Class B (e).Room and Event Set-up$3,229
Class B (e).Interest$2,037
Class B (e).Meeting Expenses - Racing$2,587
Class B (e).Equipment Hire$12,272
Class B (e).Postage and Courier$1,317
Class B (e).Computer and Website$3,198
Class B (e).Cleaning$16,261
Class B (e).Returns to Owners$319,705
Class B (e).Consultancy$10,362
Class B (e).Merchandise$1,366
Class B (e).Staff Costs$3,853
Class B (e).Insurance$5,042
Class B (e).Photocopying$942
Class B (e).Promotions$13,946
Class B (e).Contractors$3,921
Class B (e).Meeting Expenses - Operations$855
Class B (e).Administration$22,622
Class B (e).Rates and taxes$1,988
Class B (e).Security$8,574
Class B (e).Casuals Wages - Non COGS$17,941
Class B (e).General occupancy$75
Class B (e).Catering COGS$47,372
Class B (e).Bank Fees$3,070
Class B (e).Telephone and Communication$2,904
Class B (e).Entertainment$11,282
Class B (e).Repairs and Maintenance$4,012
Class B (e).Meeting Expenses - Audio$228
Class B (e).Advertising$24,107
Class B (e).Motor Vehicle$64
Class B (e).Travel and Accommodation$829
Class B (e).Occupancy services$324
Class B (e).Commissions and Discounts$7
Class B (e).Sponsorship$1,166
Class B (e).Casual Wages COGS$45,710
Class B (e).Printing and Stationery$3,331
Class B (e).Race Books$3,165
Class B (e).Meeting Expenses - Catering$3,725
Class B (e).Supplies$1,358
Class C (c).CBS preparation and auditing expenses$96


 
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2017 MVRC TJC CBS Opinion.pdf