In the Year just completed (30th June) the larger Projects 17A, 17B, 17C, 17S were added to, by a number of short-term smaller Funded tasks, some for simple expense items, or activities holding very minor, or no funding for Staff and office overheads.

This has led to MMLAP absorbing more costs than anticipated, as obviously Staff time and general expenses are incurred to complete these tasks.

INCOME

The Budget for the 2016-17 Year, was for an expected income of $362,470,

of which $128,904 was a “roll over” of funding from the 2015-16 year.

Actual income achieved was $394,606

The difference, mostly due to a number of small Projects obtained during the year.

EXPENSES

Budgeted expenses for 2016-2017 were to be ($459,420 ) thus providing a forecast reduction of MMLAP Reserve Money of ($97,420).

Actual expenses for 2016-2017 were ($423,812), a reduction of MMLAP Reserve Money of ($29,605). i.e.$67,000 less reduction of Reserves than forecast.

Explanation of differences.

MALLEE Emu Wren Project (MEW)

For 2016-2017 MMLAP planned to deliver, at its own cost the MEW Project (cost against Reserves) of $87,432, the balance of the projected Budget deficit of $97,240 being Project Subsidies.

Due to the total of the work hours involvement in all of the Funded Projects for 2016-17, the MEW Project did not proceed as planned. The postponement of this Project, meant that we didn’t spend “on-ground” expenses planned for MEW of $20,000, plus some other MEW related expenses, were saved as well, eg. Travel costs, office expenses, etc.

Of course Staff and other costs budgeted to the MEW Project were partly met by the Funded Projects awarded to MMLAP – post Budget.

The Project Subsidies Budgeted (June 2016) were allocated as forecast (See Balance Sheet Report).

Summary

2016-2017 Forecast MMLAP Reserve money drawdown ($ 97,420)

2016-2017 – Actual MMLAP Reserve money drawdown ($ 29,600)

Main reasons for difference- Project 17 MEW deferred

- Minor Projects awarded post June 2017

Murray Mallee

Local Action Planning Association Inc.

Annual Report 2016/17