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 2013

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; $34,677
(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. $5,375,682
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $55,640
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 $5,465,999
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. $2,164,384
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. $38,372,346
CLASS B – TOTAL $40,536,730
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. $1,500
CLASS C – TOTAL $1,500
CBS TOTAL (CLASS A + B + C) $46,004,229


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 25/09/2013.
I confirm that an independent auditor’s statement dated 24/09/2013 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 2013.

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$34,677
Class A (b).Maintaining & providing sporting facilities - Staff Costs$22,655
Class A (b).Maintaining & providing sporting facilities - Entertainment$6,158
Class A (b).Maintaining & providing sporting facilities - Motor vehicle$59,719
Class A (b).Maintaining & providing sporting facilities - Salary and wages$1,819,535
Class A (b).Maintaining & providing sporting facilities - Supplies$42,636
Class A (b).Maintaining & providing sporting facilities - Security$91,916
Class A (b).Maintaining & providing sporting facilities - Travel and Accommodation$1,527
Class A (b).Maintaining & providing sporting facilities - Administration$8,248
Class A (b).Maintaining & providing sporting facilities - Occupancy Services$418,967
Class A (b).Maintaining & providing sporting facilities - Consumables$28,711
Class A (b).Maintaining & providing sporting facilities - General occupancy$63,930
Class A (b).Maintaining & providing sporting facilities - Track and Ground Supplies$171,607
Class A (b).Maintaining & providing sporting facilities - Cleaning$409,932
Class A (b).Maintaining & providing sporting facilities - Photocopying$125
Class A (b).Maintaining & providing sporting facilities - Equipment Hire$170,030
Class A (b).Maintaining & providing sporting facilities - Contractors$279,486
Class A (b).Maintaining & providing sporting facilities - Repairs and Maintenance$387,334
Class A (b).Maintaining & providing sporting facilities - Postage and Courier$1,050
Class A (b).Maintaining & providing sporting facilities - Meeting Expenses - Audio$21,091
Class A (b).Maintaining & providing sporting facilities - Rates and taxes$637,751
Class A (b).Maintaining & providing sporting facilities - Merchandise$1,288
Class A (b).Maintaining & providing sporting facilities - Printing and stationery$517
Class A (b).Maintaining & providing sporting facilities - Telephone and Communications$11,471
Class A (b).Maintaining & providing sporting facilities - Utilities$719,996
Class A (c). Bus group discounts$440
Class A (c). Seniors meals discounts$55,200
Class B (a).yamaha cl5 digital mixing system$26,978
Class B (a).sportingbet signage$39,376
Class B (a).waldorf electric bratt pan$14,925
Class B (a).cox plate carnival linen$27,424
Class B (a).cox plate fence wraps$36,926
Class B (a).cryovac machine$10,294
Class B (a).learning seat on line learning system$18,084
Class B (a).champions refurb$179,040
Class B (a).pavilion refurb$104,907
Class B (a).kubota f3680 rotary mower$23,057
Class B (a).pos terminals$34,407
Class B (a).infield & presentation fence$53,004
Class B (a).led outdoor screen$1,020,569
Class B (a).wireless network$71,783
Class B (a).fire indicator panel & detector$13,337
Class B (a).lodge refurb$109,339
Class B (a).food court refurb$140,036
Class B (a).food court heating$13,039
Class B (a).led tvs$27,286
Class B (a).wireless handscanners & turnstiles$88,255
Class B (a).cox plate barrier draw backdrop$15,353
Class B (a).hp data protection & backup$9,275
Class B (a).gallery male toilet refurb$39,519
Class B (a).led tvs market place$16,371
Class B (a).mazda 6 zog835$31,800
Class B (e).motor vehicle costs$37,479
Class B (e).telephone & communications$145,432
Class B (e).rates & taxes$34,812
Class B (e).Admin Costs: Subsciption/memberships$54,932
Class B (e).race books$156,845
Class B (e).Admin Costs: Newspapers and periodicals$5,900
Class B (e).computer & website$110,371
Class B (e).occupancy services$59
Class B (e).advertising & promotions$1,670,523
Class B (e).Admin Costs: Legal fees$20,190
Class B (e).Admin Costs: Licence fees$22,222
Class B (e).contractors$55,141
Class B (e).equipment hire$725,454
Class B (e).consultancy$328,673
Class B (e).Admin Costs: Sundry expenses$33,756
Class B (e).repairs & maintenance$198,314
Class B (e).entertainment$648,649
Class B (e).merchandise$8,254
Class B (e).photocopying$72,220
Class B (e).Admin Costs: OHS accreditation$554
Class B (e).meeting expenses - racing$97,892
Class B (e).Admin Costs: Audit fees$81,677
Class B (e).Admin Costs: Audit fees - internal$8,515
Class B (e).prizemoney & other payments & subsidies$19,313,160
Class B (e).cleaning$826,556
Class B (e).meeting expenses - marketing$5,852
Class B (e).securiity$483,179
Class B (e).bank fees$133,406
Class B (e).room & event setup$180,916
Class B (e).salary & wages$7,676,684
Class B (e).utilities$178,227
Class B (e).travel & accommodation$38,428
Class B (e).Admin costs: Risk management$5,883
Class B (e).printing & stationery$260,617
Class B (e).sponsorship$113,573
Class B (e).postage & courier$167,247
Class B (e).consumables$202,724
Class B (e).supplies$11,173
Class B (e).meeting expenses - audio$12,872
Class B (e).insurance$360,359
Class B (e).staff costs$94,150
Class B (e).catering cost of goods sold (food and liquor)$3,406,596
Class B (e).meeting expenses - operations$53,509
Class B (e).meeting expenses - catering$323,765
Class B (e).commissions & discounts$5,606
Class C (c).audit expenses - E&Y$1,500


 
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2013 MVRC Signed CBS Opinion.pdf