Review of the Registered Clubs Industry in NSW - Clubs NSW
Review of the Registered Clubs Industry in NSW - Clubs NSW
Review of the Registered Clubs Industry in NSW - Clubs NSW
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E IPART’s methodology for record<strong>in</strong>g and valu<strong>in</strong>g clubs’<br />
social contribution<br />
Recognition <strong>of</strong> volunteer hours<br />
ACG also collected <strong>in</strong>formation on <strong>the</strong> total number <strong>of</strong> volunteer hours for each <strong>of</strong><br />
<strong>the</strong> clubs surveyed. IPART <strong>in</strong>cluded an allowance for <strong>the</strong>se hours <strong>in</strong> <strong>the</strong> total social<br />
contribution value.<br />
As discussed <strong>in</strong> Chapter 4, IPART’s approach to valu<strong>in</strong>g direct <strong>in</strong>-k<strong>in</strong>d contributions<br />
implicitly <strong>in</strong>corporates a value for <strong>the</strong> volunteer time associated with <strong>the</strong> provision <strong>of</strong><br />
certa<strong>in</strong> club facilities. For example, a club may make use <strong>of</strong> volunteers <strong>in</strong> <strong>the</strong><br />
ma<strong>in</strong>tenance and upkeep <strong>of</strong> its golf course. As a result <strong>of</strong> this volunteer <strong>in</strong>volvement,<br />
<strong>the</strong> club can reduce its green keep<strong>in</strong>g expenses and is <strong>the</strong>n able to charge a lower sale<br />
price than would o<strong>the</strong>rwise be required if commercial labour were used. Hence, only<br />
volunteer time that is not spent on <strong>the</strong> provision <strong>of</strong> facilities already valued through<br />
<strong>the</strong> market value-based approach should be <strong>in</strong>cluded.<br />
Thus <strong>the</strong> volunteer time associated with sport<strong>in</strong>g and trad<strong>in</strong>g activities <strong>of</strong> clubs are<br />
accounted for <strong>in</strong> <strong>the</strong> direct <strong>in</strong>-k<strong>in</strong>d component <strong>of</strong> <strong>the</strong> approach and should not be<br />
<strong>in</strong>cluded here. The value <strong>of</strong> volunteer labour from directors and volunteers <strong>in</strong>volved<br />
<strong>in</strong> o<strong>the</strong>r activities <strong>of</strong> clubs is <strong>in</strong>cluded.<br />
E.2 An estimate <strong>of</strong> <strong>the</strong> clubs <strong>in</strong>dustry’s social contribution<br />
Based on <strong>the</strong> above methodology, IPART estimated <strong>the</strong> follow<strong>in</strong>g range for <strong>the</strong> value<br />
<strong>of</strong> <strong>the</strong> registered clubs <strong>in</strong>dustry’s social contribution.<br />
Table E.4 Value <strong>of</strong> social contribution ($ million)<br />
<strong>Industry</strong> values Low Mid High<br />
Direct cash contributions 91 91 91<br />
Direct <strong>in</strong>-k<strong>in</strong>d contributions<br />
Market value <strong>of</strong> facilities 764 1,244 1,724<br />
Less revenue received by clubs for <strong>the</strong>ir facilities 568 568 568<br />
Volunteer hours 44 44 44<br />
Total value <strong>of</strong> social contribution 331 811 1,291<br />
Note: Rows may not add due to round<strong>in</strong>g.<br />
246 IPART <strong>Review</strong> <strong>of</strong> <strong>the</strong> <strong>Registered</strong> <strong>Clubs</strong> <strong>Industry</strong> <strong>in</strong> <strong>NSW</strong>