Community Benefit Statement
Name of approved Venue: MOE RACING CLUB
Address of approved venue: WATERLOO ROAD MOE VIC 3825
Venue operator: MOE RACING CLUB INC
Licence number: V9310112
Financial year ended 30 June 2016

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; $5,864
(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; $9,075
(xii) any sporting or recreational purpose, excluding any club that holds a venue operator’s licence. $15,868
Class A (b). The cost of providing and maintaining sporting facilities for use by club members. $486,404
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $137,584
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 $654,795
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. $15,513
Class B (b). Financing Costs (including principal and interest). $72,465
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. $863,476
CLASS B – TOTAL $951,454
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. $0
CLASS C – TOTAL $0
CBS TOTAL (CLASS A + B + C) $1,606,249


I, David Robert Mckinnon, 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 MOE RACING CLUB INC, has been audited by the suitably qualified person of Sripathy Sarma of LBW Chartered Accountants on 19/08/2016.
I confirm that an independent auditor’s statement dated 17/08/2016 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 MOE RACING CLUB INC,’s compliance with the Act for the financial year ended 30 June 2016.

Declaration to be completed by the venue operator
  I, David Robert Mckinnon, 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.
David Robert Mckinnon, CEO
Community Benefit Statement - Schedules
Class Details Amount
Class A (a). (i)South Street Primary Breakfeast Club Newborough East Primary Breakfeast Club Albert St Primary Breakfeast Club Baringa School Breakfeast Club$5,864
Class A (a). (xi)Moartz Moe Traders Association Cancer Council of Australia Rotary Club moe Variety Childrens Charity Morwell Police$9,075
Class A (a). (xii)Trafalgar Boxing Gym Moe Cricket Club Moe Junior Cricket Club Moe 1st Scout Group Yallourn Nth Football Club Central Gippsland Cricket Association Moe Golf Club MNYC Dance Eisteddford Moe United Soccer Club Hill End Football Club Moe Football & Netball Club Newborough Football & Netball Club$15,868
Class A (b).Training, Uniforms, Benefits$20,595
Class A (b).Soil, Seed & Fertiliser$76,506
Class A (b).Sundry Maintenance$581
Class A (b).Racecourse Maintenance Workcover$1,683
Class A (b).Electricity$2,586
Class A (b).Racecourse Maintenance Wages$285,784
Class A (b).Equipment Maintenance & Hire$6,244
Class A (b).Vehicle Reg & Exp$21,377
Class A (b).Ground & Garden$4,327
Class A (b).Cleaning$5,252
Class A (b).Gas$428
Class A (b).Racecourse Maintenance Superannuation$24,769
Class A (b).Maintenance Materials$10,580
Class A (b).Water$10,091
Class A (b).Contractots$8,426
Class A (b).Fuel$7,175
Class A (c). Cakes, Tea and Coffee for Patrons$45,308
Class A (c). Members Expenses$49,994
Class A (c). Members Discounts$42,282
Class B (a).Holden Captiva $23176 x 33.28% proportion gaming revenue$7,713
Class B (a).Phone System $11,300 x 33.28% proportion gaming revenue$3,761
Class B (a).Race Callers Box $12136 x 33.28% proportion gaming revenue$4,039
Class B (b).Interest on Track Loan$72,465
Class B (e).Superannuation$53,793
Class B (e).Bank Charges$15,226
Class B (e).Electricity$38,230
Class B (e).Computer Software & Support$3,193
Class B (e).Motor Vehicle Exp$22,552
Class B (e).Permits & Fees$7,860
Class B (e).Wages$536,960
Class B (e).Advertising$15,057
Class B (e).Accountancy$5,329
Class B (e).OH & S$1,295
Class B (e).Security$28,039
Class B (e).TAB fees$5,781
Class B (e).Contractor Services$13,465
Class B (e).Cleaning$25,960
Class B (e).Gas$5,954
Class B (e).Travel$787
Class B (e).Bar Equipment$1,518
Class B (e).Pay TV$8,186
Class B (e).Rates$8,424
Class B (e).Staff Exp$14,422
Class B (e).Function Exp$898
Class B (e).Subscriptions$506
Class B (e).Telephone$7,006
Class B (e).Sponsorship Costs$925
Class B (e).Insurance$14,678
Class B (e).Printing & Stationery$12,165
Class B (e).Workcover$6,773
Class B (e).Postage$2,337
Class B (e).Repairs & Maint$6,157



 


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