Queensland's River Improvement Trusts

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Queensland’s River Improvement Trusts Summary of Annual Reports and Financial Statements 2011–12

DepartmentofNatural ResourcesandMines

Queensland’s River Improvement Trusts Summary of Annual Reports and Financial Statements 2011–12

Prepared by: Legislative Support Department of Natural Resources and Mines © State of Queensland (Department of Natural Resources and Mines) 2012

This document has been prepared with all due diligence and care, based on the best available information at the time of publication. The department holds no responsibility for any errors or omissions within this document. Any decisions made by other parties based on this document are solely the responsibility of those parties. Information contained in this document is from a number of sources and, as such, does not necessarily represent government or departmental policy. If you need to access this document in a language other than English, please call the Translating and Interpreting Service (TIS National) on 131 450 and ask them to telephone Library Services on +61 7 3224 8412.

This publication is available in alternative formats (including large print and audiotape) on request for people with a vision impairment. Contact (07) 322 48412 or email

October 2012

Contents Introduction...... 1 Location of trust areas...... 2 Corporate governance ...... 4 Constitution and function ...... 4 Accessibility...... 4 Management...... 4 Planning...... 5 Works ...... 6 Capital works...... 6 Natural disaster restoration...... 6 Maintenance ...... 6 Operations ...... 7 Secretarial and operational support ...... 7 Consultancies ...... 7 Overseas travel ...... 7 Improvement notices ...... 7 Information systems and record keeping...... 7 Conferences...... 7 Public Sector Ethics Act 1994 ...... 7 Public Interest Disclosures ...... 7 Risk management and accountability...... 8 Audit committee...... 8 Machinery of government changes ...... 8 Financial operations ...... 9 Audit...... 9 Internal audit ...... 9 Income...... 9 Precepts ...... 9 Loans...... 9 Grants and subsidies...... 9 Other income...... 9 Expenditure ...... 9 Capital works...... 9 Maintenance of works ...... 9 Restoration work ...... 9 Interest and redemption...... 10 Administration and other costs...... 10 Outputs and output performance measures ...... 10 Overview of operations and forward operations ...... 11 Trust information...... 14

iii Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Financial information ...... 21 Remuneration of chairpersons and members...... 21 External scrutiny ...... 21 Summary of financial performance...... 21 Intended users of financial information...... 21 Audit report information ...... 22 Letters of compliance ...... 23 Correction to the summary of annual reports and financial statements 2010–11...... 23 Annual report requirements for Queensland Government agencies...... 24 Table 3: Compliance Checklist – annual report ...... 24 Glossary...... 26 Appendix A ...... 27

iv Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Introduction River improvement trusts (trusts) are statutory authorities constituted under the River Improvement Trust Act 1940 (the Act) to protect and improve rivers, repair and prevent damage to rivers and prevent or mitigate flooding of land by riverine floods. The primary role of a trust is to plan, design, finance, undertake and maintain stream improvement works for the benefit of the community within its river improvement area. Presently, there are 15 river improvement trusts constituted under the Act. Trusts are statutory bodies under the Financial Accountability Act 2009 and the Statutory Bodies Financial Arrangements Act 1982. In each financial year, trusts are obliged to provide annual reports and audited financial statements to the Minister for Natural Resources and Mines (the Minister). The Minister is required to table either a copy of each trust’s annual report or a summary of the trust’s annual reports in the Queensland Parliament. This report is a summarised compilation of the individual annual reports produced by the trusts for the financial year ending 30 June 2012. It includes both general and specific information about all of the trusts including their function, constitution date, contact details, membership, staff, current and proposed operations and financial information. Copies of an individual trust’s annual report, including audited financial statements, are available from either the trust or the Department of Natural Resources and Mines (the department). Following extensive consultation with all of the trusts the Queensland Government revised its decision to transfer the functions of river improvement trusts to local government in accordance with the Webbe-Weller review recommendation and decided that trusts may remain in their current form as statutory bodies. However, the government is of the view that the red tape and bureaucracy associated with the governance and administration of trusts should be reduced. With this objective in mind, the department is currently undertaking a review of the River Improvement Trust Act 1940. As part of this review the department has been seeking submissions from a number of stakeholders including the State Council of River Trusts Queensland (SCRTQ). The exemptions under the Financial Accountability Act 2009 (including the accrual accounting exemption) that have been granted to trusts by the Queensland Treasurer for a number of years will no longer be available to the trusts after 30 June 2012 and from that time trusts will be required to fully comply with all of the requirements in the Act applicable to statutory bodies. In November 2011 the River Improvement Trust Act 1940 was amended to enable trust members appointed by the Governor in Council to continue as members after their terms expire, until such time as another appointment is made.

1 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Location of trust areas The location of each trust area is shown in Figure 1. Table 1 shows trust areas in relation to local government areas.

Figure 1: River improvement trust areas

2 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Table 1: River improvement trusts in relation to local government areas

Local government area or part thereof Trust Trust area comprising trust area

Burdekin Shire Rivers Improvement Burdekin Shire Rivers Improvement the local government area of the Burdekin Trust Area Shire Council the local government area of the Cairns Cairns River Improvement Trust Cairns River Improvement Area Regional Council part of the local government area of the Cardwell Shire River Improvement Cardwell Shire River Improvement Cassowary Coast Regional Council as Trust Area described on plan AP19392 part of the local government area of the Clifton Shire River Improvement Clifton Shire River Improvement Toowoomba Regional Council as described Trust Area on plan AP19393 part of the local government area of the Don River Improvement Trust Don River Improvement Area Whitsunday Regional Council as described on plan AP19394 the local government area of the Herbert River Improvement Trust Herbert River Improvement Area Hinchinbrook Shire Council the local government area of the Ipswich Ipswich Rivers Improvement Trust Ipswich Rivers Improvement Area City Council part of the local government area of the Johnstone Shire River Improvement Johnstone Shire River Improvement Cassowary Coast Regional Council as Trust Area described on plan AP19396 part of the local government area of the Jondaryan Shire River Improvement Jondaryan Shire River Improvement Toowoomba Regional Council as described Trust Area on plan AP19397 part of the local government area of the Pioneer River Improvement Trust Pioneer River Improvement Area Mackay Regional Council as described on plan AP19398 Scenic Rim Rivers Improvement the local government area of the Scenic Rim Scenic Rim Rivers Improvement Area Trust Regional Council part of the local government area of the Stanthorpe Shire River Improvement Stanthorpe Shire River Improvement Southern Downs Regional Council as Trust Area described on plan AP19399 part of the local government area of the Wambo Shire River Improvement Wambo Shire River Improvement Western Downs Regional Council as Trust Area described on plan AP19400 part of the local government area of the Warwick Shire River Improvement Warwick Shire River Improvement Southern Downs Regional Council as Trust Area described on plan AP19401 part of the local government area of the Whitsunday Rivers Improvement Whitsunday Rivers Improvement Whitsunday Regional Council as described Trust Area on plan AP19402

3 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Corporate governance

Constitution and function The role of trusts is to protect and improve rivers, repair and prevent damage to rivers and prevent or mitigate inundation of land by riverine floods. The trusts achieved these objectives for the 2011–12 year as outlined in the overview of operations and forward operations (see pages 11–13). A local government, or multiple local governments, may apply to the Minister to have constituted, by regulation, a trust and a river improvement area over which it has jurisdiction. A river improvement area may comprise all, or part of one or more local government areas, and may be amended by regulation under the Act (see page 3). The primary role of a trust is to plan, design, finance, undertake and maintain stream improvement works for the benefit of the community within its river improvement area. The Act provides a trust with the powers to undertake these functions, including the ability to raise funds, enter land, occupy land, enter into contracts and carry out works. Trusts provide services aligned to the government’s objectives for the community—Getting Queensland back on track—and other whole-of-government strategies. Over the year, there were 15 trusts operating in Queensland (see page 2)—five in the Darling Downs region, two near Ipswich in the south-east and eight on the tropical north coast between Mackay and Mossman. The river improvement areas of 10 trusts cover part of their constituent local government’s area, while the remaining five trusts’ river improvement areas cover the whole of their constituent local government’s area (see page 3).

Accessibility Generally, the place of business of a trust is the relevant local government office. Contact and other details for all trusts appear under river improvement trust information (see pages 14–20).

Management Membership of each trust consists of a chairperson appointed by the Governor in Council, and up to two representatives of local government (elected local government councillors), appointed by each local government represented in the benefited area of the trust. The Governor in Council may also appoint up to two additional members if the Minister believes the circumstances so require. All members, other than local government appointees, hold office at the discretion of the Governor in Council. Councillors are appointed for the term of the local government. Each trust is required by the Act to appoint one of its members to be deputy chairperson. The trust members manage the trusts’ operations. The trusts do not have any related entities. As at 30 June 2012, the total trust membership comprised of: x 13 chairpersons appointed by the Governor in Council x 27 local government appointees x eight additional members appointed by the Governor in Council x five vacant positions.

4 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Planning The treasurer has granted trusts exemptions under the Financial Accountability Act 2009 with respect to planning. However, a number of trusts still have strategic plans. Strategic plans provide direction for the trusts over the medium term (3–10 years) and address institutional arrangements and programming. The plans allow trusts to anticipate community needs, be more strategic in the application of the public monies under their control and be more competitive when seeking external funding for their projects. The development of strategic plans entails a scoping study of issues and community expectations with a view to identifying key problems and formulating future activities and works programs. Trusts are becoming more actively involved in the work of integrated catchment management (ICM) groups, ensuring trust activities are addressed within a total catchment planning framework. Strategic plans are used by some trusts as a guide to developing management strategies for relevant catchments under the ICM initiative. Trusts also interact with other local community groups such as fish stocking associations and Landcare groups.

5 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Works

Capital works A trust is required to prepare an annual program of works and submit it to the department for approval by the chief executive (director-general) with the Minister’s consent. Planning for works may include: x assessing the amount of funding required to carry out the works x investigation and design work x identification of required approvals. A trust must provide the department with detailed plans of all projects for technical assessment and obtain all relevant permits or approvals before undertaking any of the works. The SCRTQ coordinates the approval process of the annual works program on behalf of all trusts. During the year, trusts undertook a range of capital works in their river improvement areas, including flood mitigation projects, riparian zone management and improvement projects, structural works and planning projects.

Natural disaster restoration The guidelines under the Natural Disaster Relief and Recovery Arrangements (NDRRA) relate to the restoration of those essential public assets of trusts that are damaged as a consequence of a declared natural disaster event, such as a cyclone or flood, where NDRRA has been activated. NDRRA assistance is available only if the aggregated total of trust and local government costs for restoration of damage caused by a natural disaster event exceed the local government’s trigger point. Local government trigger points are monetary amounts which reflect an individual council’s capacity to fund restoration works and are updated annually. Following damage caused by flooding during 2011–12, Burdekin, Cairns, Cardwell, Johnstone and Whitsunday trusts were granted $1 796 347 in NDRRA funding to repair damaged assets and remove waterway debris.

Maintenance During the year, eight trusts undertook maintenance work on their assets, including: x riverbank revegetation and stabilisation work x stream cleaning and realignment work x the eradication of environmental weeds and vegetation management x the reinforcement of existing riverbank rockwork.

6 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Operations

Secretarial and operational support Under the Act, each trust must have a secretary and may employ other officers if it is deemed necessary. In most cases, the secretary is the chief executive officer or an employee of the relevant local government. Generally, the only other operational support is an engineer who, in most cases, is also the regional or shire engineer of the relevant local government. Trust information including staff details, other positions held and appointment dates is provided on pages 14–20. No staff received a voluntary early retirement package during the 2011–12 year.

Consultancies During the year, seven trusts spent a total of $702 398 (GST inclusive) on consultancies, comprising: x $25 000 on secretarial support x $94 618 on NDRRA projects x $582 780 on flood studies, planning and design projects.

Overseas travel Trust members did not travel overseas on trust business during the year.

Improvement notices Under the Act, a trust may issue a notice prohibiting a person from doing or allowing any act, matter or thing which the trust believes will cause, or contribute to, damage to any stream bank in its benefited area, or is likely to cause such damage in the future. If damage has already occurred, the notice may require the person to remedy the damage and restore the surrounding area. An improvement notice is registered as an encumbrance on the title to land affected by the improvement notice. This encumbrance remains in place until such time as the notice is complied with in full. Failure to comply with a notice is an offence for which a person may be prosecuted. No notices were issued during the 2011–12 financial year.

Information systems and record keeping A number of the trusts use record keeping systems established by their constituent local governments, while others have established their own systems.

Conferences The annual conference and general meeting of the SCRTQ was held in Cairns on 21 October 2011 and was hosted by the Cairns River Improvement Trust. Representatives from most of the northern trusts and a number of the southern trusts attended the conference.

Public Sector Ethics Act 1994 All trusts complied with the Public Sector Ethics Act 1994 during the year. When appointed, members of the trusts are reminded of their obligations to the trusts and are given access to the publication ‘Welcome Aboard: A guide for Members of Queensland Government Boards, Committees and Statutory Authorities’.

Public Interest Disclosures The Public Interest Disclosure Act 2010 (PID Act), effective 1 January 2011, replaced the Whistleblowers Protection Act 1994, providing reforms and reinforcement of existing provisions for the effective management of public interest disclosures (PIDs). Trusts are no longer required to report on any PIDs made to them in their annual reports. Instead, trusts are to log any PIDs with the Public Service Commission, with the assistance, as required, of the department. However, under section 28(2) of the PID Act, trusts must establish reasonable procedures for dealing with PIDs, publishing them on a publicly accessible website.

7 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 To assist trusts to comply with this obligation, the department established such procedures, which it now hosts on a website of the department on behalf of trusts. Most trusts have reported that they have adopted these procedures, which are accessible at the following departmental website: .

Risk management and accountability For the purpose of enabling the department to assess the financial viability of the trusts at the end of a financial year, each trust is requested to submit: x its financial statements x a prudential assessment questionnaire x an entity indebtedness statement x a budget for the next financial year. Based on this information, the department conducts an annual risk management and governance assessment of these entities. The conduct of this assessment is a condition of accrual accounting and planning exemptions granted to the trusts by the Treasurer under section 59 of the Financial Accountability Act 2009. From the latest review, the department found all of the trusts have been prudent in managing their financial affairs and have adopted appropriate risk management strategies.

Audit committee The trusts’ members undertake the role of an audit committee by ensuring appropriate accounting standards are used for their trusts and there is proper examination of their trusts’ financial arrangements.

Machinery of government changes The trusts did not undergo any machinery of government changes during the year.

8 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Financial operations

Audit Under the Auditor-General Act 2009, the Queensland Auditor-General is required to audit the 2011–12 financial statements for each trust (see page 22).

Internal audit When required, the trusts undertake internal audit functions. There is nothing to report for the 2011–12 financial year.

Income

Precepts During the year, 12 trusts collected a total of $1 493 884 (compared to $1 296 774 in 2010–11) from precepts issued by the trusts on the relevant local government under section 14 of the Act.

Loans No new borrowings were raised by trusts during the year under the state borrowing program.

Grants and subsidies For the financial year 2011–12, trusts reported a total of $2 556 386 (compared to $2 322 760 in 2010–11) in grants and subsidies received from sources including state grant funds allocated by the SCRTQ, NDRRA, Natural Disaster Resilience Program, local government and catchment groups. Under a grant agreement between the State and the SCRTQ, grant money is provided to the SCRTQ for allocation to trusts to enable them to carry out individual projects that meet the State’s interests and are approved under the annual works program. In the 2011–12 financial year, under this grant agreement, the Queensland Government, through the department, provided trusts with a grant of $253 000 (GST inclusive) towards the capital cost of approved works.

Other income During the 2011–12 year, trusts received a total of $1 122 924 (compared to $648 415 in 2010–11) in landholder contributions, bank interest, GST recoveries and sundry receipts.

Expenditure

Capital works Expenditure in this category includes funds expended on constructing physical assets (for example levees and riverbank protection), revegetating riverbanks and clearing streams. Planning exercises are also classed as capital works. A total of $1 297 445 (compared to $1 028 238 in 2010–11) was expended by 10 trusts on capital works during the year. Capital works expenditure is the major cost item for trusts, representing approximately 21 per cent of total expenditure.

Maintenance of works Maintenance expenditure relates to the cost of ongoing maintenance of physical assets, such as topping up rock protection work and removing weeds that impair the growth of revegetation work. A total of $377 475 (compared to $200 130 in 2010– 11) was spent by eight trusts in maintaining assets during the year, representing approximately six per cent of total trust expenditure.

Restoration work During the year, eight trusts spent a total of $3 435 360 (compared to $1 584 403 in 2010–11) on restoration works, representing approximately 57 per cent of total trust expenditure. Restoration work includes the restoration of assets damaged by cyclones and flooding, and riverbank stabilisation.

9 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Interest and redemption During the year, a total of $108 570 (compared to $108 475 in 2010–11) was paid in interest and redemption of capital on existing loans, representing approximately two per cent of total trust expenditure.

Administration and other costs Administration and other costs for the year totalled $834 697 (compared to $748 995 in 2010–11) representing approximately 14 per cent of total trust expenditure.

Outputs and output performance measures Trusts are self-funding and therefore funding outputs and output performance measures are not applicable.

10 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Overview of operations and forward operations The Burdekin Shire Rivers Improvement Trust continued to repair major damage caused by cyclonic flooding during the wet season and also carried out some maintenance and preventative work in its rivers. It also completed its 2010–11 annual works program. Minimal stream cleaning work was required to be undertaken by the trust during the year because a significant amount of debris had been removed from the rivers in the trust’s area over the last three to four years during flood events. During the upcoming year the trust proposes to restore the north bank of the Haughton River adjacent to the Giru Bowls Club and the Invicta Mill Tramline structure to prevent further erosion and protect the adjacent buildings and tramline structure. It also proposes to install pilot channels in the lower reaches of the Haughton River. The trust’s current revenue regime is sufficient to cover all anticipated expenses. During the 2011–12 financial year the Cairns River Improvement Trust focused on completing its annual works program and restoration works required to be undertaken following Cyclone Yasi and earlier minor cyclones. Most of the damage caused by Cyclone Yasi was in the southern part of the trust’s area. The asset repair work was completed in December 2011. The trust completed a number of significant capital works projects during the year including bank restoration works at erosion sites on the Mulgrave River at Aloomba, Babinda Creek at Stager Road, Whyanbeel Creek at Whyanbeel Road, Miallo, Saltwater Creek at O’Donohue Road, Mosman, Clarkes Creek at Earlville and Chooky Chooky Creek at Mirriwinni. In the 2012–13 year the trust proposes to continue stream improvement works and undertake works in the Mossman River and Babinda Creek to protect public infrastructure. It also proposes to undertake bank stabilisation work in Saltwater Creek near Mossman, Crees Creek near Port Douglas, Freshwater Creek near Cairns, Blackfellow Creek at Edmonton and Josephine Creek near Babinda. The Cardwell Shire River Improvement Trust continued with Cyclone Yasi recovery work during the 2011–12 year and debris clearing from watercourses and drainage lines was completed in December 2011. The focus of this work was to clear blocked watercourses which caused the flooding of houses and critical infrastructure. Houses in many locations were flooded a number of times after the cyclone period. Riverbank restoration work was carried out in 35 locations throughout the trust area from Feluga in the North to Cardwell in the South. The trust completed work on its flood damaged assets at eight sites during the year at a cost of $135 000. Also, new work was undertaken at a number of sites for landholders under the annual works program. These works were funded through landholder contributions and government grant funds. In March 2012 the Cassowary Coast Regional Council sought the Minister’s approval for the Johnstone and Cardwell Shire river improvement trusts to be amalgamated. The trusts are planning for this process to occur in the 2012–13 financial year. In the short term the Cardwell Trust will continue to function and undertake works planned and detailed in its 2012–13 annual works program. With the provision of funding from a number of sources, including from the local government precept, government grant fund monies, and NDRRA and Reef Rescue and Queensland Reconstruction Authority Environmental Line of Recovery funding, the trust is in a position to finance its forecast operational and capital costs in the upcoming financial year. The trust has reserve funds available to meet any unforeseen emergent expenditure. It does not propose to borrow any funds to undertake capital works during the upcoming year. Apart from attending to some administrative matters the Clifton Shire River Improvement Trust did not undertake any activities during the year. The trust has not planned any forward operations for the upcoming year. During the 2011–12 year the Don River Improvement Trust carried out maintenance work on a rock wall in Sandy Gully. The maintenance work will mitigate flooding in the area west of the Don River and upstream of the Bruce Highway. Bank protection studies were also carried out during the year. In the upcoming year the trust proposes to remove sand from the Don River to alleviate flooding in the lower reaches of the river and in the Queens Beach area. An application seeking funding to carry out these works has been submitted to the department. The revenue regime is sufficient to cover general maintenance costs however it is not sufficient to adequately address issues such as sand build up and riverbank protection work. During the 2011–12 summer months, the Herbert River Improvement Trust’s area received torrential rain which resulted in major flooding in the Lower Herbert area. These floods caused new riverbank damage. The trust lodged a funding submission to restore damaged riverbanks and undertake timely preventative works to restore riverbanks where erosion caused by flooding is threatening infrastructure. The trust completed the Natural Disaster Mitigation Program funding project involving further modelling of the Lower Herbert area of the Herbert River to determine the downstream effects of ongoing levy bank protection work being carried out by landholders along the river. The trust also completed significant flood restoration work during the year. In the upcoming year the trust proposes to undertake restoration works on its assets. It also proposes to carry out flood modelling for the Lower Herbert reaches of the Herbert River to provide information required in relation to any proposed legislative controls over levees. The trust will also implement procedures to convert its accounting system from a cash system to an accrual system.

11 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 The Ipswich Rivers Improvement Trust continued with its riparian vegetation management program by engaging contractors to remove environmental weeds from sections of the Bremer River, and Bundamba, Deebing, Franklin Vale and Woogaroo creeks. The trust also contracted with BoysTown to revegetate a section of the bank of Woogaroo Creek at Goodna. The continuation of the trust’s revegetation program has resulted in a significant improvement in the health of the waterways. During the upcoming financial year, the trust will continue to implement its vegetation management program by eradicating environmental weeds in its area. The trust will also complete the flood studies of the Woogaroo and Sandy Creek Catchments during the year. Its activities will be funded by a precept levied on the Ipswich City Council. The trust does not propose to borrow any funds during the year and anticipates that it has sufficient funds to cover its expenses as they arise. There will be no changes to the trust’s operations. Throughout the 2011–12 year, the Johnstone Shire River Improvement Trust undertook recovery work under the NDRRA following Cyclone Yasi and debris clearing from watercourses and drainage lines was completed in October 2011. This work was undertaken in the El Arish, Silkwood, Mena Creek/Gibson Road, South Johnstone, Boobah Creek, Little Moresby River and Mourilyan areas. New damage occurred to trust assets in March 2012 as a result of flooding associated with a monsoonal trough situated over the far southern Gulf of Carpentaria. The trust provided preliminary assessments of this damage to the department and is currently preparing a detailed submission regarding the damage. In March 2012 the Cassowary Coast Regional Council sought the Minister’s approval for the Johnstone and Cardwell Shire river improvement trusts to be amalgamated. The trust is planning for this process to occur in the 2012–13 financial year. In the short term the trust will continue to function and undertake works planned and detailed in its 2012–13 annual works program. With the provision of funding from a number of sources, including from the local government precept, government grant fund moneys, and NDRRA and Reef Rescue and Queensland Reconstruction Authority Environmental Line of Recovery funding, the trust is in a position to finance its forecast operational and capital costs in the upcoming financial year. The trust has reserve funds which are available to meet any unforeseen/emergent expenditure. It does not propose to borrow any funds to undertake capital works during the upcoming year. Apart from attending to some administrative matters the Jondaryan Shire River Improvement Trust did not undertake any activities during the year. The trust has not planned any forward operations for the upcoming year. The Pioneer River Improvement Trust completed the following annual works program projects during the year: x reinstatement of the eroded bank on Owens Creek near the Adam Lisk Bridge by using fill from the creek bed and protecting the bank with a rock revetment x mechanisation of the Sandfly Creek Floodgates to enable their opening and closing by way of an overhead gantry crane system powered by a mobile generator. As part of its 2012–13 annual works program the trust proposes to repair erosion and other damage to its assets caused by flooding in March 2012. Restoration works will be undertaken on sections of St Helen’s Creek, O’Connell River, Pioneer River, Cattle Creek, Seven Mile Creek, Owens Creek and Black Rock Creek. The trust will also undertake general maintenance work on its levees, alert system, floodgates and other minor items. During the 2011–12 year, the Scenic Rim River Improvement Trust focused on the eradication of Chinese celtis in sections of the Albert River, and Reynolds, Burnett and Sandy creeks. The trust’s Caring for our Country application for funding towards the project ‘Improving the condition of native riparian vegetation along the Teviot Brook’ was approved in September 2011. During the 2012–13 year the trust proposes to continue its celtis eradication program and will develop a strategic plan for its operations for the next four years. It does not propose to borrow any funds during the upcoming year. During the 2011–12 year, the Stanthorpe Shire River Improvement Trust removed a significant amount of silt from Quart Pot Creek to promote healthy aquatic plant life and prevent algae build-up in the creek. This silt was deposited during a major flood event in January 2011. In the upcoming year the trust proposes to continue to engage the Warwick Shire River Improvement Trust and the Southern Downs Regional Council to undertake priority works in the riparian zones of the Severn River and its tributaries. The priority works concern the management of noxious and exotic riparian vegetation, the maintenance of streamflow, stream siltation and river bank erosion control. Except for undertaking some maintenance work on creek crossings in Jandowae Creek the Wambo Shire River Improvement Trust was relatively inactive during the 2011–12 year. In the 2012–13 financial year, the trust proposes to undertake riverbank work on Jinghi Jinghi Creek and the Condamine River. The trust does not propose to borrow any funds for the purpose of undertaking capital works. The Warwick Shire River Improvement Trust completed the Condamine River and Tributaries Flood Study during the 2011–12 financial year. Due to the continuing high level of water flow in the river system and riverbank saturation levels, the

12 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 other activities carried out by the trust were limited. The trust did however carry out inspections of work in progress and prospective worksites throughout the year. No maintenance work was carried out during the year. Subject to the available finances, subsidies from the state government, and approvals of individual projects, the trust proposes to continue with priority river improvement works within the scope of its strategic plan and the Condamine Catchment Strategic Plan in the upcoming year. The priority issues for the trust will continue to be the management of nuisance and exotic vegetation within riparian zones, the maintenance of streamflow capacity, the control of breakouts, erosion control protection of public infrastructure, flood mitigation and revegetation of highly degraded areas. The Whitsunday Rivers Improvement Trust continued to observe and maintain its assets during the year. It made submissions under the NDRRA for funds to repair damage caused to its assets. In the O’Connell River streamflows repeatedly scoured the riverbanks upstream of the trust’s protection works. Further, the trust cleared a section of woody vegetation in the Pioneer River. This vegetation was causing the flow of water to be directed into the riverbank and caused scouring of the riverbank during the last flood event. In the 2012–13 the trust proposes to undertake further woody vegetation and weed management works in its riverine areas. It also proposes to undertake a study of the bank of the O’Connell River as well as riverbank restoration work on the Gregory River.

13 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Trust information Constitutional information and contact details for all trusts in Queensland are listed below in alphabetical order by name of trust. Contact and membership details are current as at 30 June 2012. A list of trust areas is provided on page 3 and the summarised financial information for each trust is outlined in Appendix A.

Burdekin Shire Rivers Improvement Trust

Date constituted: 08/02/1941

Business address: Burdekin Shire Council Chambers 145 Young Street, Ayr

PO Box 974, Ayr Qld 4807 Telephone: 07 4783 9800 Fax: 07 4782 1055

Members: Name Appointment date Mr Matthew Patane (Chairperson) 30/06/2011 Cr Lou Loizou 08/05/2012 Cr Bill Lowis 31/05/2012 Mr Ennio Gazziola 30/06/2011

Administrative or operational support: Mrs Janice Micola (Secretary) 2008

Burdekin Shire Council

Cairns River Improvement Trust

Date constituted: 14/09/1972

Business address: Cairns Regional Council 119–145 Spence Street, Cairns

PO Box 359, Cairns Qld 4870 Telephone: 07 4044 3193 Fax: 07 4044 3838

Members: Name Appointment date Robert William Lait (Chairperson) 30/06/2011 Cr Steve Brain 27/06/2012 Cr John Schilling 27/06/2012

Administrative or operational support: Mr Tim Smith (Secretary and consultant Engineer) 2005

14 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Cardwell Shire River Improvement Trust

Date constituted: 22/11/1975

Business address: Cassowary Coast Regional Council 38–40 Bryant Street, Tully

PO Box 887, Innisfail Qld 4860 Telephone: 07 4043 9127 Fax: 07 4061 4258

Members: Name Appointment date Mr Robert William Lait (Chairperson) 30/06/2011 Cr Mark Nolan 28/06/2012 Cr Bryce Macdonald 28/06/2012

Administrative or operational support: Mr Ian Adcock PSM (Secretary) 1991 Mr Tim Smith (Engineer) 2009

Clifton Shire River Improvement Trust

Date constituted: 22/01/1966

Business address: Toowoomba Regional Council 95 King Street, Clifton C/- Mr Gerard O’Leary 767 O’Leary Road, Clifton Qld 4361 Telephone: 07 4697 4222 Fax: 07 4697 4200

Members: Name Appointment date Mr Gerard O’Leary (Chairperson) 30/06/2011 Cr Anne Glasheen 22/04/2009 Vacant

Administrative or operational support: Mr Mark Ready (Acting Secretary) 2011

Don River Improvement Trust

Date constituted: 15/03/1947

Business address: Whitsunday Regional Council 67 Herbert Street, Bowen

PO Box 104, Proserpine Qld 4800 Telephone: 07 4761 3600 Fax: 07 4761 3658

Members: Name Appointment date Mr John Willcox (Chairperson) 30/06/2011 Cr Dave Clark 20/06/2012 Cr Jennifer Whitney 20/06/2012

Administrative or operational support: Ms Kara Hughes, Secretary 2012

15 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Herbert River Improvement Trust

Date constituted: 08/01/1942

Business address: Hinchinbrook Shire Council Lannercost Street, Ingham

PO Box 366, Ingham Qld 4850 Telephone: 07 4776 4600 Fax: 07 4776 3233

Members: Name Appointment date Mr William Pickering (Chairperson) 12/07/2007 Cr Wally Skinner 22/05/2012 Cr David Carr 22/05/2012

Administrative or operational support: Mr Robert Clark (Secretary) 2007 Mr Bruce Leach (Engineer) 2005

Ipswich Rivers Improvement Trust

Date constituted: 15/08/1959

Business address: Ipswich City Council Hayden Centre, South Street, Ipswich

PO Box 191, Ipswich Qld 4069 Telephone: 07 3810 7861 Fax: 07 3810 7893

Members: Name Appointment date Mr Peter Phillips (Chairperson) 18/09/2008 Cr Paul Tully 8/05/2012 Cr David Pahlke 8/05/2012 Mr Ian Harsant 18/09/2008 Mr Peter Johnstone 18/09/2008

Administrative or operational support: Mr Norman Craswell (Secretary) 1991 Mr Ross Drabble (Works Manager and Engineer) 2002

16 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Johnstone Shire River Improvement Trust

Date constituted: 2/06/1973

Business address: Cassowary Coast Regional Council 38-40 Bryant Street, Tully

PO Box 887, Innisfail Qld 4860 Telephone: 07 4043 9127 Fax: 07 4061 4258

Members: Name Appointment date Mr Sam Pagano (Chairperson) 30/06/2011 Cr Mark Nolan 28/06/2012 Cr Bryce Macdonald 28/06/2012 Dr John Ridd 30/06/2011

Administrative or operational support: Mr Ian Adcock PSM (Secretary) 2008 Mr Tim Smith (Engineer) 2009

Jondaryan Shire River Improvement Trust

Date constituted: 30/01/1960

Business address: Toowoomba Regional Council Cnr Stephen Street & Anzac Avenue, Toowoomba

PO Box 3021, Toowoomba Village Fair Qld 4350 Telephone: 07 4688 6548 Fax: 07 4688 6596

Members: Name Appointment date Vacant (Chairperson) Cr Anne Glasheen 22/04/2009 Vacant

Administrative or operational support: Mr Mark Ready (Acting Secretary) 2011

17 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Pioneer River Improvement Trust

Date constituted: 04/07/1959

Business address: Mackay Regional Council Gordon Street, Mackay

PO Box 111, Mackay Qld 4740 Telephone: 1300 622 529 Fax: 07 4944 2400

Members: Name Appointment date Vacant (Chairperson) Cr Theresa Morgan 6/06/2012 Cr Kevin Casey (Acting Chairperson) 6/06/2012 Mr William Hobbs 30/06/2011

Administrative or operational support: Mr David McKendry (Secretary) 2001 Cardno Ullman and Nolan Consulting Engineers, Mackay

Scenic Rim Rivers Improvement Trust

Date constituted: 29/03/1975 Date Renamed: 7/11/2008

Business address: Scenic Rim Regional Council 70 High Street, Boonah

PO Box 25, Beaudesert Qld 4285 Telephone: 07 5540 5400 Fax: 07 5540 5200

Members: Name Appointment date Dr Peter Prenzler (Chairperson) 12/07/2007 Cr John Brent 26/06/2012 Cr Nadia O’Carroll 26/06/2012 Mr Morris McInnes 4/10/2007

Administrative or operational support: Mr Douglas Pennell (Secretary) 2005

18 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Stanthorpe Shire River Improvement Trust

Date constituted: 01/05/1986

Business address: Southern Downs Regional Council 61 Marsh Street, Stanthorpe

PO Box 26, Warwick Qld 4370 Telephone: 07 4681 5506 Fax: 07 4681 5540

Members: Name Appointment date Mr Adrian Finlay (Chairperson) 30/06/2011 Cr Ross Bartley 8/05/2012 Cr Cameron Gow 8/05/2012 Mr Ian Mungall 30/06/2011

Administrative or operational support: Mr Lachlan Gow (Acting Secretary) 2010 Mr Chris Loveday (Director, Engineering 2003 Services)

Wambo Shire River Improvement Trust

Date constituted: 20/02/1960

Business address: Western Downs Regional Council 26 Wood Street, Dalby

PO Box 551, Dalby Qld 4405 Telephone: 1300 268 6245 Fax: 07 4679 4098

Members: Name Appointment date Mr Raymond Little (Chairperson) 10/07/1980 Vacant Cr George Moore 18/08/2010

Administrative or operational support: Mr Graham Parsons (Secretary) 1994 Mr Graham Cook (Engineer) 2007

19 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Warwick Shire River Improvement Trust

Date constituted: 13/02/1998

Business address: Southern Downs Regional Council 64 Fitzroy Street, Warwick

PO Box 26, Warwick Qld 4370 Telephone: 07 4661 0317 Fax: 07 4661 0333

Members: Name Appointment date Mr David Brown (Chairperson) 12/07/2007 Cr Ross Bartley 8/05/2012 Cr Cameron Gow 8/05/2012 Mr Ian Mapes 30/06/2011

Administrative or operational support: Mr Tim Kajewski (Secretary) 2011 Mr Eric Kraak (Engineer) 2004

Whitsunday Rivers Improvement Trust

Date constituted: 25/05/1974

Business address: Whitsunday Regional Council 83–85 Main Street, Proserpine

PO Box 1341, Proserpine Qld 4800 Telephone: 07 4945 3851 Fax: 07 4945 3851

Members: Name Appointment date Mrs Patricia Botto AM (Chairperson) 4/09/2008 Cr Dave Clark 20/06/2012 Cr Jennifer Whitney 20/06/2012

Administrative or operational support: Mrs Joanne Linneweber (Secretary) 2008 Mr Tim Smith (Consultant Engineer) 2000

20 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Financial information

Remuneration of chairpersons and members Chairpersons and members of a trust, who meet the eligibility requirements for remuneration, are entitled to be paid the fees and allowances approved under the River Improvement Trust Regulation 1998. The scale of fees and allowances that was current during the year was approved by the Governor in Council on 20 September 2007. The fees and allowances payable to chairpersons and members during the financial year were: x a daily meeting fee of $215 for chairpersons and $191 for members x a special assignment fee of $179 for chairpersons and $159 for members x half the daily fee if the meeting or special assignment is of four hours duration or less x all necessary and reasonable expenses incurred while travelling on approved trust business and to attend meetings in accordance with the following arrangements: o economy class air travel o travelling and motor vehicle allowances, as per the Department of Justice and Attorney-General’s (JAG) directives current at the time the expense was incurred. During the 2011–12 financial year, the total amount of reported daily meeting fees and special assignment fees, as paid by trusts to chairpersons, was $21 206. The total amount of reported meeting fees and special assignment fees, as paid by trusts to members (exclusive of chairpersons), was $16 595. Other expenses, including motor vehicle and travelling allowances, as prescribed in the JAG directives, and reasonable out-of-pocket expenses paid by the trusts to chairpersons and members totalled $6533.

External scrutiny Except for the audits of the financial statements carried out by the Queensland Audit Office, no external auditor reviews of trusts’ operations occurred during the reporting period.

Summary of financial performance The primary source of trust funding during the year was from local government precepts and NDRRA funding. Only one trust had an existing loan during the year. All trusts reported they had the financial ability to service their debts.

Intended users of financial information Under the provisions of section 59 of the Act, the Treasurer exempted trusts from compliance with various provisions of the Financial and Performance Management Standard 2009 (the Standard). This includes the requirements of section 43(1) of the Standard, which requires these entities to prepare annual financial statements for each financial year having regard to the minimum reporting requirements as detailed in the Financial Reporting Requirements for Queensland Government Agencies, published by Queensland Treasury. The special purpose financial statements were prepared by trusts on a cash accounting basis in a format prepared by the Department of Natural Resources and Mines. Trusts have prepared their financial statements in a similar format in previous years. It has been assessed that these special purpose financial statements are appropriate to meet the information needs of the following intended users: x Members of the Queensland Parliament x The Minister for Natural Resources and Mines x Treasurer and the Treasury Department x Members of the trust and related local community members. Given that these special purpose financial statements have not been prepared in accordance with prescribed accounting standards, they may not satisfy the information needs of users beyond those identified above.

21 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Audit report information Trusts prepare cash-based financial statements showing opening balances, receipts, payments and closing balances for each fund they conduct. The information contained in the tables in Appendix A was prepared by the department using data provided by the trusts in their financial statements and annual reports. In accordance with section 40 of the Auditor-General Act 2009, the Auditor-General has certified for all of the completed audits of trusts that: x the prescribed requirements in respect of the establishment and keeping of accounts have been complied with in all material respects x the financial reports present a true and fair view of both the transactions of the trusts in accordance with the approved form, and accounting policies described in the notes for the financial year 1 July 2011 to 30 June 2012, and the financial position of the trusts as at the end of that period. Audit reports for all of the trusts’ special purpose financial statements include or will include an Emphasis of Matter paragraph in relation to the basis of accounting used. Such Emphasis of Matter paragraph highlights that the statements are special purpose financial statements and, as such, may not satisfy the information needs of all users. The Emphasis of Matter paragraph does not relate to the financial viability of the trust or affect the auditor’s opinion. The audit report for the Cairns River Improvement Trust included an ‘Emphasis of Matter – Payment of Creditors out of 2013 Precept’ paragraph which identified that expenses of $139 848 incurred in the 2011–12 financial year were not approved for reimbursement under the NDRRA by the end of the financial year. These expenses were paid in July 2012 from the local council precept contribution of $200 000 received by the trust for the 2012–13 year. This Emphasis of Matter paragraph does not modify the Auditor-General’s opinion in relation to the trust’s financial reports. The date of the independent audit report for each trust’s financial statements for 2011–12, is listed in Table 2.

Table 2: Date of independent audit report

Name of trust Date of audit report

Burdekin Shire Rivers Improvement Trust 20 August 2012

Cairns River Improvement Trust 31 August 2012

Cardwell Shire River Improvement Trust 13 September 2012

Clifton Shire River Improvement Trust 31 August 2012

Don River Improvement Trust 13 September 2012

1 Herbert River Improvement Trust

Ipswich Rivers Improvement Trust 26 September 2012

Johnstone Shire River Improvement Trust 13 September 2012

Jondaryan Shire River Improvement Trust 31August 2012

Pioneer River Improvement Trust 30 August 2012

Scenic Rim Rivers Improvement Trust 7 August 2012

Stanthorpe Shire River Improvement Trust 31 August 2012

Wambo Shire River Improvement Trust 31 August 2012

Warwick Shire River Improvement Trust 31 August 2012

Whitsunday Rivers Improvement Trust 20 September 2012

1 The independent audit report for this trust was not finalised at the time of printing.

22 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Letters of compliance The chairpersons of all trusts have certified their particular trust’s 2011–12 annual report complies with: x the prescribed requirements of the Financial Accountability Act 2009 and the Financial and Performance Management Standard 2009 x the detailed requirements set out in the Annual Report Requirements for Queensland Government Agencies.

Correction to the summary of annual reports and financial statements 2010– 11

The following two dot points were inadvertently included on page 13 of the Queensland’s River Improvement Trusts— Summary of Annual Reports and Financial Statements 2010–11 in the section dealing with the overview of operations and forward operations of the Whitsunday River Improvement Trust and should be omitted from that report: x prepare a sediment plan to assess the long-term impacts of sand and sediment accumulation in the Tully River x implement a study to determine the severity and extent of degradation in the Murray River, Davidson and Echo creeks.

23 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Annual report requirements for Queensland Government agencies The compliance checklist provided in Table 3 indicates where in this report the Annual Reporting Requirements (ARR) for Queensland Government Agencies for the 2011–12 reporting period are addressed. The relevant legislative provisions are also provided.

Table 3: Compliance Checklist – annual report

Annual Summary of requirement Basis for requirement report reference

Accessibility x Table of contents ARRs – section 8.1 Page iii x Glossary Page 26

x Public availability ARRs – section 8.2 Page ii and 1

x Interpreter service statement Queensland Government Page ii Language Services Policy ARRs – section 8.3

x Copyright notice Copyright Act 1968 Page ii ARRs – section 8.4

x Government Information Licensing Government Information

Framework (GILF) Licence Licensing Framework (GILF) * QGEA Policy ARRs – section 8.5

Letter of x A letter of compliance from the ARRs – section 9 Page 23 compliance accountable officer or statutory body to the relevant Minister(s)

General x Introductory Information ARRs – section 10.1 Page 1 information x Agency role and main functions ARRs – section 10.2 Page 4 x Operating environment ARRs – section 10.3 Page 7 and 11 to 13 x External scrutiny ARRs – section 10.4 Page 21 x Machinery of government changes ARRs – section 10.5 Page 8 x Review of proposed forward operations ARRs – section 10.6 Page 11 to 13

Non-financial x Government objectives for the community ARRs – section 11.1 Page 4 performance x Other whole-of-government plans / specific ARRs – section 11.2 Page 1 initiatives

x Council of Australian Government (COAG) ARRs – section 11.3

initiatives *

x Agency objectives and performance ARRs – section 11.4 Page 11 to 13 indicators

x Agency service areas, service standards ARRs – section 11.5 Page 11 to 13 and other measures

24 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Financial x Summary of financial performance ARRs – section 12.1 Page 22 and performance 27 to 32

x Chief Finance Officer (CFO) statement ARRs – section 12.2 *

Governance – x Organisational structure ARRs – section 13.1 Page 4 and 14 management and to 20 structure x Executive management ARRs – section 13.2 Page 4 and 14 to 20

x Related entities ARRs – section 13.3 Page 4

x Schedule of statutory authorities or ARRs – section 13.4

instrumentalities *

x Boards and committees ARRs – section 13.5 *

x Public Sector Ethics Act 1994 Public Sector Ethics Act 1994 Page 7 (section 23 and Schedule) ARRs – section 13.6

Governance – x Risk management ARRs – section 14.1 Page 8 risk management and x Audit committee ARRs – section 14.2 Page 8 accountability x Internal Audit ARRs – section 14.3 Page 9

Governance – x Workforce planning, attraction and ARRs – section 15.1 Page 7 human retention resources x Early retirement, redundancy and Directive No.17/09 Early Page 7 retrenchment Retirement, Redundancy and Retrenchment ARRs – section 15.2

x Voluntary Separation Program ARRs – section 15.3 Page 7

Financial x Certification of financial statements FAA – section 62 Page 22 statements FPMS – sections 42, 43 and 50 ARRs – section 16.1

x Independent Auditors Report FAA – section 62 Page 22 FPMS – section 50 ARRs – section 16.2

x Remuneration disclosures Financial Reporting Page 21 Requirements for Queensland Government Agencies ARRs – section 16.3

Disclosure of x Additional information to be reported ARRs – section 17 additional online information

* Reporting requirement is not applicable for river improvement trusts.

25 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Glossary

GIS Geographical Information System ICM Integrated Catchment Management JAG Department of Justice and Attorney-General LGAQ Local Government Association of Queensland NDMP Natural Disaster Mitigation Program NDRMS Natural Disaster Risk Management Study NDRRA Natural Disaster Relief and Recovery Arrangements RFMP Regional Flood Mitigation Program SCRTQ State Council of River Trusts Queensland

26 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Appendix A

Table 4: General fund

Receipts Expenditure

Transfers Transfers Balance Grants/ Other Total Capital Restoration Maintenanc Interest and Other Total Balance River/s Precept Loans from other Admin to other 01/07/2011 subsidies1 income receipts works works e works redemption costs expenditure 30/06/2012 improvement funds funds $ $ $ trusts $ $ $ $ $ $ $ $ $ $ $ $ $

Burdekin Shire 1 091 977 230 000 0 337 992 107 280 675 272 188 577 406 968 13 252 109 326 718 123 1 049 126

Cairns 71 372 200 000 87 927 344 290 632 217 419 697 204 113 14,688 27 209 0 665 707 37 882

Cardwell Shire 549 523 30 000 677 450 56 246 763 696 1 125 225 75 529 35 312 (35 237) 1 200 829 112 390

Clifton Shire 19 715 0 0 25 000 1 235 26 235 1 711 1 711 44 239

Don 187 044 91 728 12 134 84 103 946 8 150 20 212 28 362 262 628

Herbert2 4 008 200 000 0 17 587 40 492 560 000 818 079 70 347 422 720 105 031 0 62 860 154 073 815 031 7 056

Ipswich 360 139 130 000 435 770 78 303 644 073 297 074 20 066 57 770 374 910 629 302

Johnstone Shire 53 636 30 000 0 512 207 100 652 642 859 583 264 1 100 36 453 59 874 0 680 691 15 804

Jondaryan Shire 1 957 0 0 25 000 0 25 000 0 0 0 3 525 0 0 3 525 23 432

Pioneer 168 118 285 980 0 516 426 38 069 227 427 1 067902 149 969 360 518 130 786 108 570 102 986 28 551 227 427 1 108 807 127 213

Scenic Rim 33 051 50 000 0 5 000 3 913 0 58 913 62 135 0 0 7 658 6 734 0 76 527 15 437

1 As the terms grants and subsidies have been used interchangeably by trusts in their annual financial statements, when recording receipts, for the purpose of this summarised report, revenue amounts reported as either a grant or a subsidy have been combined and included in the total amount reported under this heading. The types of grants and subsidies included in this column include capital works grants distributed by SCRTQ and NDRRA funding. 2 Financial statements for this trust are unaudited at time of printing.

27 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Receipts Expenditure

Stanthorpe Shire 32 907 15 000 1 500 16 500 32 682 1 741 5 057 39 479 9 928

Wambo Shire 101 673 0 0 0 5 145 5 145 36 489 3 911 40 400 66 418

Warwick Shire 354 424 100 000 0 28 615 37626 0 166 241 200 000 0 11 103 28 910 0 240 013 280 652

Whitsunday 10 079 131 176 0 275 278 32 683 98 034 537 171 46 407 154 958 600 0 44 289 22 538 240 000 508 792 38 458

TOTAL 3 039 623 1 448 884 0 2 956 386 847 518 885 461 6 183 249 1 475 038 3 257 766 377 475 108 570 488 362 328 270 467 427 6 502 907 2 719 965

28 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Table 5: Precept and loan indebtedness information

River/s improvement trusts Precept ($) Loan indebtedness ($)

Burdekin Shire 230 000 Nil

Cairns 200 000 Nil

Cardwell Shire 30 000 Nil

Clifton Shire Nil Nil

Don 91 728 Nil

Herbert 200 000 Nil

Ipswich 130 000 Nil

Johnstone Shire 30 000 Nil

Jondaryan Shire Nil Nil

Pioneer 285 980 59 943

Scenic Rim 50 000 Nil

Stanthorpe Shire 15 000 Nil

Wambo Shire Nil Nil

Warwick Shire 100 000 Nil

Whitsunday 131 176 Nil

29 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12 Table 6: Reserve fund

Receipts Expenditure

Transfers River/s Transfers Balance Grants/ Other from Total Capital Restoration Maintenance Interest and Other Total Balance improvement Precept Loans Admin to other 01/07/2011 subsidies1 income other receipts works of works of works redemption costs expenditure 30/06/2012 trusts funds $ $ funds $ $ $ $ $ $ $ $ $ $ $ $ $ $

Pioneer 3 000 0 0 0 8 377 0 8 377 0 0 0 0 0 1 265 0 1 265 10 112

TOTAL 3 000 0 0 0 8 377 0 8 377 0 0 0 0 0 1.265 0 1.265 10 112

30 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Table 7: Maintenance reserve fund

Receipts Expenditure

Transfers Interest Balance Loans Grants/ Other Total Capital Restoration Maintenance Other Transfers Total Balance River/s Precept from other and Admin 01/07/2011 subsidies1 income receipts works of works of works costs to other expenditure 30/06/2012 Improvement $ funds redemption $ $ funds Trusts $ $ $ $ $ $ $ $ $ $ $ $ $

Herbert2 704 367 27 503 27 503 0 0 0 0 0 0 560 000 560 000 171 870

Pioneer 250 000 0 0 0 0 0 0 0 0 0 0 0 0 115 000 115 000 135 000

Whitsunday 256 087 0 0 0 15 282 240 000 255 282 0 0 0 0 0 0 98 034 98 034 413 335

TOTAL 1 210 454 0 0 0 42 785 240 000 282 785 0 0 0 0 0 0 773 034 773 034 720 205

31 Queensland’s River Improvement Trusts—Summary of Annual Reports and Financial Statements 2011–12

Table 8: Loan fund

Receipts Expenditure

River/s Balance Precept Loans Grants/ Other Transfers Total Capital Restoration Maintenance Interest and Admin Other Transfers Total Balance improvement 01/07/2011 subsidies1 income from other receipts works of works of works redemption costs to other expenditure 30/06/2012 $ $ $ trusts funds funds $ $ $ $ $ $ $ $ $ $ $ $ $

Cairns 799 0 0 0 0 0 0 0 0 0 0 0 0 0 0 799

Pioneer (178 309) 0 0 516 426 0 112 427 628 853 149 969 360 518 0 0 0 510 487 (59 943)

TOTAL (177 510) 0 0 516 426 0 112 427 628 853 149 969 360 518 0 0 0 0 510 487 (59 144)