Cardinia Shire Council - Annual Report 2017-18
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<strong>Cardinia</strong> <strong>Shire</strong> <strong>Council</strong><br />
<strong>2017</strong>/20<strong>18</strong> Financial <strong>Report</strong><br />
Notes to the Financial <strong>Report</strong><br />
For the Year Ended 30 June 20<strong>18</strong><br />
20<strong>18</strong> <strong>2017</strong><br />
2.4 Grants (cont'd) $'000 $'000<br />
(b) Capital Grants<br />
Recurrent - Commonwealth Government<br />
Financial Assistance Grant 761 1,084<br />
Roads to recovery 2,342 2,100<br />
Total recurrent capital grants 3,103 3,<strong>18</strong>4<br />
Non-recurrent - Commonwealth Government<br />
Local infrastructure 421 30<br />
Recreation 250 -<br />
Non-recurrent - State Government<br />
Local infrastructure 6,192 5,427<br />
Recreation 1,157 903<br />
Total non-recurrent capital grants 8,020 6,360<br />
Total capital grants 11,123 9,544<br />
Total 24,785 26,708<br />
(c) Unspent grants received on condition that they be spent in a specific manner<br />
Balance at start of year 7,228 4,221<br />
Received during the financial year and remained unspent at balance date 4,200 5,161<br />
Received in prior years and spent during the financial year (4,879) (2,154)<br />
Balance at year end 6,549 7,228<br />
Grant income is recognised when <strong>Council</strong> obtains control of the contribution. Control is normally obtained upon receipt<br />
(or acquittal) or upon earlier notification that a grant has been secured.<br />
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