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Legislative Assembly for the ACT: 1997 Week 11 Hansard (6 November) . . Page.. 3823 ..
MR STEFANIAK (continuing):
4. Under the Operational Assistance category of the Sport and Recreation Development Grant Program a single allocation of funding is available to cover the following operational items: employment/administration, development programs, conduct of championships and travel to championships. The actual proportion of these funds spent on each operational item is determined by the organisation. The proportion spent on each operational item reflects the development needs of the sport.
It should be noted that as grants do not reflect 100% of the council's expenditure it is not possible to relate any expenditure specifically with any grant. However, the ACT Motorsport Council's audited financial statements indicated payment of salary and related expenses to the chairman and other officers.
a) The audited statements indicate that the proportion of total council expenditure for 1994-95,1995-96 and 1996-97 used for salary expenses were 68%, 74% and 34% respectively.
b) Sport and Recreation Development Grant Program Conditions and Guidelines.
5. The ACT Motorsport Council has met all financial acquittal requirements of the Sport and Recreation Development Grant Program. However, under their Triennial Assistance Agreement a report on 1996 Key Result activities is still required.
6. a) The Minister for Sport and Recreation determines annual grants following advice from the Sport and Recreation Council. The council's recommendations reflect their comparative assessment of each application against the assessment criteria of the Sport and Recreation Development Grant Program. These criteria are published in the Grant Conditions and Guidelines document.
b) The major tasks for the ACT Motorsport Council were providing advice and information on identification of a possible future motor sport site in the ACT and motor sport noise issues to relevant government agencies.
7. The annual return lodged by the association for its financial year ending 30 June 1996 included a statement by the auditor of the association's accounts in respect to the certification of the accounts. This statement was to the effect that the association records did not contain sufficient information to enable the auditor to form an opinion as to the accuracy of the data continued in the Statement of Receipts and Payments and the Balance Sheet for the year ended 30 June 1996.
The Act requires an incorporated association to lodge with the office, each year, an audited statement of its accounts and a copy of the auditor's report in relation to those accounts. The Act provides that the auditor may include in his or her report, particulars of any deficiency or shortcoming concerning the information and explanations available in respect to which the accounts and report were prepared.
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