Meeting papers

                                                                             Discretionary Funds
      Grant Recipient                                  Funding Amount ($)

                                                                             Section 109 of the LG Act defines discretionary funds as funds in the local government’s operating fund that are:
      Partnership - Environment
                                                                             - budgeted for community purposes
      The Nature Conservancy                                   821,362.00     - allocated by a Councillor at the Councillor’s discretion.

      SUB-TOTAL                                                821,362.00    For the period, Council did not establish any discretionary funds.

                                                                             Beneficial Enterprises
      Economic Development Grants
                                                                             Section 39(3) of the LG Act defines a beneficial enterprise as an enterprise that a local government considers
      Cooroy Future Group Inc.                                   2,000.00    is directed to benefiting, and can reasonably be expected to benefit, the whole or part of its local government
                                                                             area. Additionally, section 39(4) of the LG Act provides that a local government is conducting a beneficial
      Daniel Neven                                               2,000.00    enterprise if the local government is engaging in, or helping, the beneficial enterprise.


      Sunshine Beach Association                                             During the period, Council did not engage in any beneficial enterprises.
                                                                 2,000.00

      Generation Innovation Ltd                                  2,500.00
                                                                             Business Activities




                                                                                                                                                                                                         Noosa Council Annual Report 2022 - 2023
                                                                             A business activity is defined in Schedule 4 of the LG Act as the trading in goods and services by the local
      Noosa Chamber of Commerce and Industry Inc.                15,000.00
                                                                             government.

      Velvet Garvey                                               1,500.00
                                                                             Council conducted the following business activities during the period:

      SUB-TOTAL                                                 25,000.00
                                                                             - Waste management
                                                                              - Holiday parks, including the Boreen Point Campground, Noosa North Shore Beachfront Caravan Park
                                                                                and Noosa River Holiday Park.
      Sustainability Grants

                                                                             Significant Business Activity
      Tourism Noosa Ltd                                         61,800.00
                                                                             In accordance with threshold of expenditure and the methodology prescribed by sections 19 and 20 of the LG
      Zero Emissions Noosa Inc.                                 20,000.00    Regulation, Council’s waste management activity was considered a significant business activity for the period.

      Zero Emissions Noosa Inc.                                  10,000.00   Commercial Business Units

      SUB-TOTAL                                                 91,800.00    Pursuant to section 27(2) of the LG Regulation, a commercial business unit is a business unit that conducts
                                                                             business in accordance with the prescribed key principles of commercialisation.

      Water and Sewage Grants                                                Council did not nominate any business activities as commercial business units during the period.

      Various not-for-profit community organisations            40,520.26

      SUB-TOTAL                                                 40,520.26



      TOTAL EXPENDITURE FOR THE PERIOD                        2,243,574.34


196                                                                                                                                                                                                      197
                                                                                                                                                                                            Page 460 of 518