2019-03-12 Planning & Environment Committee Agenda

PLANNING & ENVIRONMENT COMMITTEE MEETING AGENDA                                     12 MARCH 2019


A.    Agree to enter into a 3-year Funding Deed with the Noosa Biosphere Reserve Foundation
      (the Foundation) as set out in Attachment 1 to the report;
B.    Authorise the Chief Executive Officer to make any minor alterations to the Funding Deed,
      as may be necessary, and enter into the Funding Deed with the Foundation;
C.    Offer the Foundation the remaining 3-year lease option to continue the use of the Council
      premises at 52 Doonella Street, Tewantin subject to the existing lease conditions and
      continuation of the informal arrangements for use of the premises by other community
      groups.
D.    Thank the NBRF members including current board members for their considerable
      volunteer efforts over the past 3 years.

Finance
The purpose of this report is to provide the Council with a copy of the NBRF 2017/18 Financial
Statement and Annual Report.
Audited financial reports         for    NBRF     17/18     financial   year    are     provided    in
Attachment 1 - Appendix 2.
The previous Funding Agreement expired on 30 June 2018. The attached Annual Report is
provided in accordance with the previous funding agreement (2015-2018). However, the
submitted annual report has been cognisant of the requirements of the new funding deed,
specifically the KPI’s.
In accordance with the current funding agreement consideration of future funding of the
Foundation will be a matter for consideration during the 2019/20 Council budget development
process.
In 2017/2018 NBRF drew down on both the operational funding allocation of $140,000 and the
Environment Grant Funding of $250,000. At this point in 2018/19 financial year to date NBRF
have drawn down on $70,000 of operational funding.
To assist Council, the following table identifies the amounts budgeted by Council and the
amounts paid to NBRF from 1 July 2017 to present.

Financial    Council Budget Provision*                      Amount paid to NBRF
Year

2017/18      1. Operational Funding -$140,000               1. Operational Funding - $140,000 *
             2. Environmental Grant Funding - $250,000      2. Environmental Grant Funding - $250,000


2018/19      1. Operational Funding $70,000*                1. Operational Funding $70,000* 1 July to 31
             2. Operational Funding $70,000**                  Dec 2018
             3. Environmental Grant Funding $125,000***     2. Operational Funding $0
                                                            3. Environmental Grant Funding $0
* Operational Funding funded from general rates
** Operational Funding funded from Environmental Levy.
*** Environment Grant funded is funded from Environment Levy. In accordance with Clause 4 of Funding

Deed 2018-21, NBRF may submit applications to Council for consideration of this funding for
NBRF projects that align with principal purpose of the Trust. No such application has been made
in 2018/19 as yet.
Note that NBRF draws down operational funding on a quarterly basis.




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