06.06.2014 Views

2011 REPORT ANNUAL - Racing NSW

2011 REPORT ANNUAL - Racing NSW

2011 REPORT ANNUAL - Racing NSW

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Financial year 2010-11 represented a period of relatively restrained activity for the CRDF in funding terms. The level of<br />

financial assistance disbursed was lower than 2009-10, primarily due to provisions for a large-scale proposed new public<br />

raceday/functions complex at Tamworth racecourse remaining intact. However the level of activity remained high due to<br />

numerous, lower-value projects being undertaken.<br />

Significant flooding occurred at Gundagai and Mudgee racecourses during December 2009, and the CRDF Board<br />

considered it prudent to set aside contingency funding to potentially cover restoration works required as a result of the<br />

consequential damage. Both clubs are pursuing disaster relief funding made available under Natural Disaster declarations in<br />

these Local Government areas and thus far, the CRDF contingency funding has not been drawn-down.<br />

Collectively, these outcomes resulted in the Fund operating well within its budget for the period.<br />

MAJOR PROJECTS COMPLETED<br />

!<br />

!<br />

!<br />

!<br />

!<br />

!<br />

!<br />

Coffs Harbour <strong>Racing</strong> Club<br />

weather training track.<br />

®<br />

– final disbursement in connection with design and construction of new Pro-Ride all-<br />

Dubbo Turf Club – acquisition of new 16-gate mobile starting barriers.<br />

Goulburn & District <strong>Racing</strong> Club – acquisition of new 16-gate mobile starting barriers.<br />

Inverell Jockey Club – new pumping plant and irrigation system upgrade.<br />

Scone Race Club – construction of new female jockeys' amenities.<br />

Tamworth Jockey Club – installation of new irrigation buffer storage solution and associated works (Stage 1).<br />

Taree-Wingham Race Club – Installation of new irrigation control system cabling.<br />

In addition to the above projects, preliminary building inspections/engineering assessments of existing female jockeys'<br />

amenities were conducted at some thirty (30) country racecourses with detailed reports prepared for each club.<br />

Appropriate construction solutions were developed to improve existing facilities, with five (5) projects subsequently<br />

completed during the period.<br />

CRDF Reserves beyond 2010-11<br />

Project<br />

All Associations - New mobile starting barriers<br />

All Associations - New swabbing facilities<br />

All Associations - Mobile tote vans<br />

All Associations - Female jockeys amenities upgrades<br />

All Associations - Irrigation upgrading works<br />

Goulburn & District Race Club - Facilities expansion<br />

Muswellbrook Race Club - Facilities expansion<br />

Scone Race Club - New public facilities<br />

Tamworth Jockey Club - New public facilities<br />

Within one year<br />

200,000<br />

150,000<br />

-<br />

250,000<br />

400,000<br />

-<br />

-<br />

-<br />

1,000,000<br />

$ 2,000,000<br />

Later than one year but<br />

not later than five years<br />

800,000<br />

300,000<br />

120,000<br />

1,000,000<br />

2,000,000<br />

400,000<br />

400,000<br />

1,300,000<br />

1,000,000<br />

$ 7,320,000<br />

19

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!