Page 5815 - Week 15 - Thursday, 10 December 2009
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Finance—capital grants
(Question No 445)
Mr Smyth asked the Treasurer, upon notice, on 19 November 2009:
(1) How many capital grants over $100,000 has the ACT Government made in each of the last three financial years.
(2) What was the purpose of each capital grant referred to in part (1).
(3) How has each payment been recorded on the (a) ACT Government Balance Sheet and (b) cash flow statement.
(4) Under which program was each grant made.
(5) What were the key deliverables for each grant.
(6) What contractual arrangements did each grant recipient have with the ACT Government.
Ms Gallagher: The answer to the member’s question is as follows:
(1) The number of capital grants over $100,000 the ACT Government made from 2006-07 to 2008-09 is as follows:
Grant Program and Grant |
2006-07 |
2007-08 |
2008-09 |
Transfer of Griffin Legacy Project to the National Capital Authority |
0 |
1 |
0 |
Grant to ACT Netball for development of the Lyneham Precinct |
0 |
1 |
0 |
Capital grants to develop health facilities at Calvary |
3 |
2 |
4 |
Housing Assistance |
2 |
0 |
0 |
Affordable Housing Action Plan |
0 |
0 |
1 |
Racing Development Fund (RDF) |
3 |
1 |
1 |
Canberra Racing Club |
1 |
1 |
1 |
Canberra Harness Racing Club |
1 |
0 |
0 |
Canberra Greyhound Racing Club |
1 |
0 |
0 |
Sport and Recreation |
0 |
7 |
5 |
Drought Assistance grants |
0 |
7 |
0 |
Tuggeranong Hockey Field – synthetic grass |
0 |
0 |
1 |
Reconstruction of Tennis Courts |
0 |
0 |
1 |
Hawker Enclosed Oval Redevelopment |
0 |
0 |
1 |
Hawker Enclosed Oval Redevelopment – final installation |
0 |
0 |
1 |
TOTAL |
8 |
12 |
11 |
Note: No Sport and Recreation grants capital grants over $100,000 were provided in 2006-07.
(2) The purpose of each capital grant is outlined below:
The Griffin Legacy Project was transferred to the National Capital Authority during 2007-08 for nil cash consideration, however, the transfer reduced the value of Property, Plant and Equipment recorded by the Territory.
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