.

.

INGHAM

7

RB R

annual Report: 20/6/17

TA LE OF Co

o

Eimana~al S

Attachments to annual Report

3=

to ^rr^ a^4: Flees

Attachment 5: PrudentialAssessment Questionnaire

^;^6:

E TR

TEN

uly

S

6- 201.7

a^"^,< ^in^^ as^ ^a Fad^,

..

I

R

errre, ,t T Act ITrust is cor^iverlThe

constituted by Order^n-Council dated 8 , y 1942.

Tl^ mmtiim, of tile Tm^iis to PI^^ forthe ^ " ,.^ ^^ ^ wry. ,e re, ^ ^ of the to^ am b^ of in^, therepeiir aiid ^I'min of ^ tone I^ and to^ of "to^, f' ,. ^^min of foaling a^ the ^^immor mill^ninjaffimm^min arce^lad by^ ^^Dai^^ Tha ^"^" ^I^^rentd^ of theShire of Hindiinbrook with the main focus of Trust aclv^ . . ing in the foadplain of Iha Her^ ' mr wiltsh

^, ^~ of . I, , T =. .re of I , . lineIr^", des

o8^ ^ ^in as in^ ^

Titre T"us^t^ I^liti^IPI^I PI^e Gif hist^ *,,, ^ " ^re W^ ^ ^I A^ i^ at^eI^^e of \^\,^^ A",.,"^ ^ ^ 11 I I, ,! aid Tai, jin RMh^^in On^, On^ ^ja it ;,,. jig^ 11 I~ un in I ^

The Trusts postal address as at June 30 is

ID 01 Bring 7.0, ' 11 I'll'1<'1 I I 1,111, , : .;.*,,,!

Te^^lie - 04^ 777 ^8

Enquirles about this Annual Report can be made to the Trust Chairman. r Aimur Bosunrlh by phone 04,9. Tai^, . ', ' .. of70359, . . .y . .,.can . .

Din^, co^I^ arm^ aria I , ^I unii" it, ^ un. ,;. ^ in ^- ^ uru ^, nj

Co.

. .OV

...

T

', ! ,., , :

I. 2.7. Administration

Tftie Tjj^ h^d It 1.1 I'll * .' Din^ 1.11 . .I -., cone yE^', arud in^ \ ,.!ii I = 111. ,! 11,111 ,. I ^in ^ ^111 ^itsaminim^,"^ing ^lie jin^ms. Tme Tii^ us ^ "'-, . ^ .-, I jin it ^I in^ and ^ to anmm co^

jin or^'^16.of mile \*,. Gnu^Iofl^^'Tr^inn the

The Trust Chair remains unchanged from the previous year and is Mr Armur BOSwortti. The community1.1 If^I^

.. =.~ . I ~ 3.0

U

tile

. 3.0 .

I. ,-.

I .:.,,, .=.;.,.=I I <

^

'~; ,;I I 1:3:1 amid

.

I. 2.2. General

T, ,e, e

"^

. I'S

' a. .'I'

^

7.23. ^v, I^w of^at^The on^^ of the Trust continued to focus on imp^^loft, re condition of fire it^ a a^ks and toprevent or ini^ate flooding of urban and rural lands in the Hadiiribrook tocol governrrrent area.

Tlhaim^^in of tireTni^"^,",^ to be to ^^, ^^tnn^, ^in^ and ham^in ^inthe Ih^ of the

..

11/1:=;1.1, :,. 11:"

, a.

3.08.

~ ' haje

.. ,*,=

grant funding under the Store's 20/6/17 Grants andThe Trust was successful with an application for

9^it^i, ,^ ^^an^ The co% ^ in^ ^^IP ^ the Tm^ to ^ to^ ^ ^ a^ 2 oftitre ^!^11^a 11^^ ^ ^ and co^ ham ^P the ami8 ^IQ^. Thiis myxi^d

11. .

to line rust

in fireir rule ^

11.111111 I

I 11/11 11

.^. .. =..~, .. ;

I I*; I I 1,111' lib

" I I 1'1':31.1

improved flood immunity for the Halifax rural community and protection of State and Sugar Industry transport

7.24.

The major projects completed in 20/6/17 focussad on reconstruction of the rock protection works around the

of ^*^^ ^g ^e '

growing lands behind it.

^me^k

a^^ Imjin^inn offi^^ in are ^

a capital works PI^ after a ^r^ ofMit^"on of 1100dirig in the tower Her^ had" ape "=^a^ ^, "Baga" 8^gap^,^^Do^ eaud '

1.25. us. 310 \

In the event of severe flooding in the future, the flood level and river bank ovemow situation in the lowerbeHe^ 0< , , .11.3:; it- ,,. , '=. *'*11.1 I *3.1'I. I 1'31 . ."! I *. 4 an,, ., ,-

its^^a, a , I 1,311 I e. g. r I, " ., .,, I' 1.31. ", in , 11, ,,""SEW' ~ ,, IT r, ,=;*=g: I leg' I I' galsi, ; ' " ";=\ , -. .,= ,75= ,

all^ mm^.

Res^ of ^ ^, w

s, ^ ^ a^ ^ an ^

,^s ^"^

CS *a^ I^ a^ ^e ^ ^ ^ d^ ^s

itsare or^ajioS8^ea'^,,,,

operations and the Trust will continue to seek to attract external funding from both State and Commonwealth5to

A^ ^jins ^^, man hymn'tr^ ^^ mmts ae ^

Z on re ial o

Z.

In^TheT S

ensuring sustainable management of natural resources

""I, ^"

to I'd^ the ^"ty, of all rivers an creeks in the Trustsof I^"^= ^, ^av^

care

7 a

for the lower Herbert River delta and the Great Barrier Reef.

Z3. .

^a^Z.T Uutllg, dBU

had a significant focus on community resilience and water quality improvement for the Great Barrier Reef.

a pii",!gala" ^, ,mm^dy^ae^Be mmts ^Be '

9^^^ a^ P ^ ^^ofandlEkierein^in^ ^and protestion of agricultural lands.

^

= .= ,: ,=I.

caused

..

I, "

^

of

and

and Be^'

as

2. . Out, ,uts and ou ut pertonnance runeasures^s

as^ as ^ of ^^ ^I of ^ Tn^ ^ ^ am

.

.

3. .

7of

. Hindiinbrook Shire Council Annual Precept9^I^, a

11^. of

The Trust has no borrowings and has sufficient cash funds to meet coinmiinients for 201 7/18.

.

, , ^,, ,

o

,^:e

^

3.2 Breakdown of funds spent on

R me=*I

6r

$

alla

4. Governance - inaria ement and structure

4^.

38

$239 370.00

,3398Zg3

tin38^45

Composition of the Herbert River Improvement TrustTruss^As 58'ale

Tm^a:.

aad! a mailt3 ale to ,reOff ^, Rime

selection process, and 210cal government members are to be appointed by the constituent localin^r^^O

ust assets

$

^4.96

^

-

ale

be

to

$

in bers appointed at 30 June 20,7:

as

"".

Cr

Cr

" . ^^lib

SI^

Gaya@I I^mill^

$

$159nn2. ,16

a of 5 "^~^ r^, be ^ to ^e

^"I ^ar

year

year

^ea'

^11 ^at

F

4.2. Ex

Car-Sea^

4.3. Go emrnent bodies Is ^,, to By bodies am o r entities)

u 've mmnage"rentite

^! ^^^ 3. :

4.4. Pu lie Sector Ethics t 1994

^ t994.T*!e Trust to^

Re^^of ai^^to^Tnn^a^ aeg^I^to^efor

U, ^, C.

The Herbert River ImproveInent Trust 11as in place aF^^^ Act 7^4.

5.

^;^:ofa8:@aeT^ Tm^ has ^ by ^in arehtt :#WWW dnrm Id ov auA!vatsn' Id-livenm rovement-trusts

17

-

5.1.

. dad on or ^91

.

&gel

k n^nagerr, ent

,

5.2 A. ^, t itliee

Ts^ an^ are co^ a^ ^e A^

,:a at^e T^a^ Ei^: ^ as

5. : fr^ ,a^^^

of Cornuct and has coin^red

5.3. riterr, al audi

re^ Ts^ ^ ^anion7:.

of ale Tm^ ae

^ai@: A^ii^

scrutiny54 Ex, e

The Ee^ t^ Eat

flit^ s^^ ^ ^e

itI the Public

by

73^i^

I^eaad'

^Ia^ a^ a^

6 G ve

,.

Trust am

(admir"^I).

ce -

projects and the funds available for such services.

e OSadi to

vate cor^s. o

U

ajie

ith re^" ^

. G v rr, a

.^!.

T

our

to us^a, tileat

and an a^gineer (Mr Tm SInith), e collate, toSa

^jin^^^

7.2. Overseas t, .a el

I^D ^I^ to^

^

^

7.

'rig period. the Trusts inform^n system and recordkeepirig was conducted by Herbal ValleyFor tile re

, and Tar

of

If

^"11.

of uni"any'

63eTra^.

8. Financial statementsIn accordance with the exemption granted by the Treasurer, special purpose financial statements have beenprepared by the Trust, certified by the Chairperson and Secretary, and submitted to the Queensland AuditOffice for audit. A copy of the Auditor's Report will be submitted to the Department of Natural Resources andMines as soon as it is available.

8.1. Remuneration Disclosures

. Remuneration paid to chairperson (meeting fees $3 1201mileage $399.60)

. Remuneration paid to members (meeting fees $7950/mileage $501.72)

See AJIochment 3. . Governmen! Bodies (Slot"lory Bodies and 01her E"tines)

19nature of chairperson

Dated ^ 6' ^^,--o181

He it 'ver I

T

anN 64454924781

pro e

Fin^ncial Statements

rim'^e^^" 30J^2017

"t

Income

Gua^,

Herbert River

interest Received:

For the year en

rovement Trust

.'I ^

. '11/1. . I ,,;*. AllL. ,I 01/1, *I, '21

ID, ,*,"; at. in 1/11, jin

',, I, .,

30 une 20,7

^

. .

11!*! I " .I, ,;*1.1I IF"

I "435 - .;*,*!,, ,.,~ I 11, ,;'rill I IJF Intrii;

I. ,.**",'.

.

7

S

11 ,I ,. .

543,724

4,621

^

72,657

98

81^I^in

260 '7^

36

5,384

a,

7,210

60,661^2

co^#358

9,049

904,718

25,

905 495

{ "*^,

C

Cash Assets

erbert River Im rovement Trust

^^I ^a^'

Coriumonwealth Bank - Tenri Deposit

Tomtion Refund

To

Note

C"

Property, Plant and Equipment

Ae^11^ -

Assets

2017

S

I^^..

'VS

ness: ACcumub^ Depreciation

2016

S

276, ,518

102,607

agr

Nom-C"nont

IE'

7,333

Current Liabilities

4,486

24-4;"'

100,000

86,879

349,185

Payables

484,2

.

.

69,219

TotalC"mumt

69219

37,555,457

47

1,855,738

(497,063)

41

31, ^7;^6

37,457p56

'^^55, ^ 61>

I, ,

(432,112)

3

31 5721

3 ,^'75,72

^n^

53,842

53

53

176

176

76

HerberL River Improvement rust

Agets

Asser Reval, ^tion Rrserve

T

Note 2017

S

31. ^37.57

201.6

S

14,766,558

17,171,018

3

76

14,766,558

17,527,391

The accompanying r, ^ and coin^, re^ ^ part 11.00

,I=

The members have prepared the financial statements of the trust on the basis that the trust is a73n^mm-ar^

SaGa^a'

vibeto

The financial statements have been prepared in accordance with the significant accounting policiesfW

erbert River Improvement Tn, s

For the year ended 30 June 20,

83^

^

FilmcosB:

assets, excluding freehold land and buildings are depreciated over the useful lives of the assets totin, ^",

,

there^

carrying amount of the assets charged to the income statement and depreciation based on the'S to

Cash and cash equivalents include cash on hand, deposits held at call with banks, otherhall^

I^^a^;.

(c)

Revenue is mea^ at the fair value of the consideration received or receivable.

an^ 'am^, ' a^

Grants, contnT, un'ons, donati'ons and gifts that are non-reciprocal in nature are recogni( yattbe ' ofvenue in the y in the T over

(d) Goods and Services Tax (GS, r)

(e) Trade and Other Payables

E^:^:

.

us

^=

as

as ^; ^s

am^

^e

We have compiled the

Ire^needs of relevant stakeholders.

Z^e a^e

Herbert River Improve, nent Tr

the basis of accounting adopted is appropriate to meet their needs and for the purpose that the financial

s^^Ie

purpose financial statements in accordance with the financial reporting framework descn^, ed in Note Iial staler^ and AP 315 Camp' of F' ialto the

We^;^ '

e

Professional Accountants.

yang iai

as

linencial stare^ts of H

17

t

to re^. ^^s; ant tz^

lanes^toto

financial statements. Accordingly, we do not express an audit opinion or a review conclusion on these

mrsiim of

a

T3a^

Accordir,not

,

sacisiies

River

Tb^

ib^ to p^^

,

triad tofor par^s. We dofinamia SI^ nay nat s"sirec,

ibi"ty. for the contents of the special p linencial statements.

z. ^" I

,

Jim^2018

of

Tax.

The members declare that the Trust is not a reporting entity and that this specialbe will^ in

The members dec are that:

HerberL River Improvernent Trust

(i) the financial st^"Lents and nat^ pre^t fairly tire Trusts fineneial position as at 30 June 2017and its Frolic'that withun

,,,^I inN^ I to and

(ii) financial assistance received has been expended in accord with the purposes for which it wasyear.

linencial

I to fits ^I

Date 46'1, :)o1'

Go

Fiction .,.. ramm. I;.=',=,..!=;.,",/

I , u -.. "" 1'0' 1/1" , 0.13.11.1:I .:..!, I "I

a3, ,a, .,,., b=> ~,,,~ J,,, is== *= ". in~ r. =a' ...

I ' ,, t=, jut inB'. It, ,,, 11.1 a 111 I;" 1.13t :,: ' 1.1 1.1

.

to *. I

ThemIn^I pin^ 1.1. , I a SI, , min ^^fir7 ID 1.11*:*:=an I, ni Ilower Herbert River. Eight eroded s .- E^ite^ ^ ^R

,, ^ a. S. I

I ' ' E^it a^I' .~ me a^a . ' in '~ """" ,

furs^din me Trusts 5 ^^^ , -,,,,,!, ., ^, -,,, ^"I,, n, ,Prfiie De.Damn^ of Into^^. . .~ . I ,^^,, a'

. S.

a'ran " 1.1 in ... ~:=r" . I ai 1.4 , '", it's~ . , :

~ .. ~ ., I' PSI ' . .. 003.3 SE . ... ..,. ' I ' .. .

or 111. " "=is" ,I, Is:~ . ^\,, Ik" If ,;f' =,,. .. I, . ', i=:::" ,:,=;=<" :!, , it"! , i", ,, $~ **.,,=, ; J ' ,=;

'11/01/11:3:1 '*:31.11 1.1 Ion I :" .", ! men, "I I"1.11 ID, ~. 'I, 11.11, ; I" legt! I := Wig~. .".=:1.1

., .

~ " " ~\ E :'~ a ,$' ;,=*:""' "

ATTACH ENT 3

"

II'll'!I ... I, " I I'D! 10'

. ..-. ..

",,

.. ..;..

."

~,

~ *' ' 17:* ;,,:=", h :* I I I , !=,hat".;' , ^In up=:,~' ;.*, o91 I *

I ' is. '* '=.. ', .., . .

'.,.*", . I , ' ',g, J ",":* ' I, ,*I .,,!*I <.."

Position

. ... .

t, IanU, t's*,=: nl, ,",,~. ~ ';I: in

' '.=I" ., ~I .*.. . , I ' .,=, .'

,. ,,,,, r . ,!:,==, .,, n ;' , " I*:' *,.. "","..

:" ,'\. e=, ,:;,, I 11. I'll .I. 1.1 111.1 '*. I";:, I

. .

SI

, -

.' ' 0,130

. j, :" ;= ,Iai ~ =' ,~',,""talliZ="* 1711I a I""""' in

, I'. ';3, ., ,. , ,:',= '.' . . ,, IC',. 3;,. I 3;.

Name

,.

' I, ~ . ... .

. "

Member

@^, ya^a, i

min^

::;;I in, ::, ., "*Teal, , a:,.*;' ;"I'

. .=

.

Arany ^inch

.... I

.

... .

re" I ,-~ I'Si=, re

Cr Walms Skinner

.., .

Meetings

jarsat

,

.' '. I

.

.. *.

In;.- .,, '~, rea:.

. .

Or

.

Member

,... -

user

4 h, sa, ^r4this

over

4 fors

dulld^

4th, s

cuer

41insunder41"s

OrB'

4

4"rs

4fulB

mr, by'

4

.I

An.Droved annual^aor

be 'ff

tar^74th^!

. . ..=. ,=

nth Gal, ^^, in

.

,

110

2

Mr Ken'I Rimps

* 1.5 ":,,, RE .':= ,.. Ifj I. *

3.0 .

$^@@^;^,

. .

to

Approved

if

2

9

2

9

2

a

Te^a

^*#A

Acnel foes

c*a

I ""'.^00^.

A

$ 3 720 ichafu"I^ill. ^Ij

A

^I^:a ,, P\- : t^^s ..=,*$,.,.,, *,",

2250

A

nag^

$7

$ 79^i@

$ taro

$fi^ @70

adj^,^"^11

^,^eduration

I^'"^kan^)I

fill

T

IP^

8^lyra^

it River riprovement Trust - A in on al information

-^^aim^tel'

authority Hirehi!^rook Shi!e Gol, net! - to^! ^^n^ ^re.^fig^

I^^, A^ ad ^ - I^ 3

< 212", Es

> 2 to < 41tm"Is

>4 "

758.55

ca^y

I

to&,@11

I

',,,,, lgriployr^

^I. ^ItI'll

< 2 beers

> 2t0<4

>4

I

ipt^g init^, eg $)

I corer

Tai^ ^!IRU^

a;^;I^I Bad I^,^

a

^:in^

g^^^

@^^

.,

Contact ofiicer Leigh Frances Carr - Seaetary

a, IP"'tom

Tel^phone

^iai^ill

^e ^@ ant on. ^

required

mrshir, brook ^, ite ^", d

' *SI^;it^

040877, 678

I*^I^tin^^,

it

Rig

In^

I

I^^

ES PAID

a, ,=Sei! gad

IIn^

pit^e at^o vie it p^is a barnster or so ICi, or

7

O BARRISTERS AND SOLICITORS

NIP^^

paid for and

ATTACH

A

Legalof

(please select fromlist below)

I, T 4

^I'S

*Legal categories e'^^ . Jini I ', ,181. a rin, I'mI ::, ii ,. I in,;~, ,r:, ,," ' ..*, I', . 1.1 ; .,,, ==I. ;" ! Am , ,",:gn mm I I :" 1.1 I in \I\ ;* 'e:: :"

Legal Advice on agency. ManagementCorporate, Other legal services (please specifv

^I'S

Amount paid

$

.,,

*

PRUDENTIAL ASSESSMENT QUESTIONNAIRE

T

gays fire^ , tile on^y ~ requ^ to coinin order to dabs, cabs in

following statement which is to be signed and dated by the Chairperson of the entity at tire relevant time.

^aa ^13^lagBagareTIle

@00, , as ^,"^" I^ p^I^Ie 3an ^ jin ^I ^I ^'_

co^^y a^ ^^^' ^s ^^ ^^ ^, @11,^"^ or ^ed EQIf ^

^:;, Ia"" a^ I^mm

^

us

. If not. please provide reasons am forward a copy of the bi^as

3tto

a mr^'. lifty^, ^, it^with thein tha man^I ^ coin

made at me beginning of the ing^ yea^

.

~*. 3 ~"

ATTACH E T5

2during the financial year?. Ir

mrmma

3 I^fyes, ^

. Is the entity aware that it requires the Treasurer's approval to

T. Dues tile

in^Info ^^"^

becasts

I;^inI^

,'~,, ",, 133.1, =* I=",

^an

in Tinsisa 13 of^e ^rim^ in^"at ',

^are^ ^ ^t 1982.3, ofAlso, rotehtj ://WWW. I isIation. Id. ovau/LEGjSLTN/CURRENT/SIStatut BodA82. f aria^,", attlF^jilt^bratGg, I^re'^bikemalalicSE@"H. : h ://WWW. treasu . Id. ovau/ ublications-resources/overdrawindex. h

or on^, for ^y to ^yto re goatA ^my tody mm a deptsj,ate^^^lait^eT, ^,,^aa~e, =*I=^*, ateaa^R, ^ ^Ie

" I^ally^, MR^^a^^, ^^, bradxitoe @in ^re

2

1/8^

Yes

Yes

finer. ^, year?. If DN

nine^all

. ini^ to ^ ^w ^it mm^ the ^?airy

o Was the further draw down approved by DNRM?

I$allait co^, lane align

4

Taking into account the nature and scope of its operationsa. d its s^e. 1.3 a

5 11ff^Ie it'shas ,^

taken action or put plans in place to avoid, minimise, control

e"^

ane

of

^:a

"

res

^^I'S ~

FilerInn"ninja, g^i" Up to "^ ... Ale Eire

. Is the current level of insurance cover appropriate?of

aa^y be

^

.

Note

Iff

is to

grimty in^ rid

(Pint, entiala^SIIrent q"esttonna"'e continues over page)

to

Yes

ACcrual Accounting

If your entity has a total gross revenue of $1,000,000 or more-

Question

For how many years in succession has your entity's grossrevenue exceeded $1,000,000?

No

7

Are there any specific and exceptional factors that accountfor gross revenue exceeding $,, 000,000 that are unlikely tooccur on an ongoing basis in future years (e. g. a special two-year subsidy program that is riot expected to be ongoing)?. If so, please outline the nature of these exceptional revenue

factors and state when these factors will no longer have anobservable effect on gross revenue in your balance sheets.

Has the entity, as part of its annual financial planning,assessed the growth in its operations and evaluated theimpacts of cash accounting versus the accrual accountingframework?

If riot already transitioned from cash accounting, is the entitypreparing for the introduction of accrual accounting into itsoperations?. If yes, by which date does the entity anticipate to have fully

implemented accrual accounting methods?. If riot, why riot?

(rioting that this is a requirement under the Financial reportingrequirements for Queensland Government agencies publishedby the Treasury department)

Yes/NolOther

N/A (income less than $1 in)

Note:If the entity is required to provide reasons in response to questions 8 and I O above, please attach a writtenstatement.

When responding to question I O above, the entity must state reasons for its inaction, if any.

N/A (income less than $1m)

Signed:

N/A (income less than $1m)

Date:

Chairperson

Herbert River Improvement Trust

^ ^ ^^..@/^,

N/A (income less than $1m)

Annual Reporting 20.6-, 7

ENTITYINDEBTEDNESS STATEMENT

Name of entity: Herbert River Improvement Trust

An entity that has outstanding loans is required to prepare an entity indebtedness statement to accompany itsend of year financial statements presented for audit.

Does the entity have outstanding loans?

(Indicate with a tick - I)

This statement must be dated and signed by the entity's Chairperson.

If YES above is ticked, please address the following:

I The term of the loan, when it was taken out and when final a merit is due:

2 The level of debt at the be innin of the current financial ear I Jul

ATTACHMENT 6

3 The level of debt at the close of the current financial ear 30 June :

Yes

4

.

State how the debt will be serviced in the coinin financial ear:

5 How the a merits will be s lit between interest and rinci al:

6

No

Other commitments the entity may have for the current and coining financial years (e. g. financialcommitments the entit ini ht have under existin or ro OSed contractual arran ements :

.

7 Additional information if re uired:

Signed:

Date:

^,./hairperson

Herbert R'ver Improvement Trust

^ 6 ^>-^?/^