SIP scheme 2017-2018 financial summary

Permit sales between 01/07/2017 and 30/06/2018

Sales OutletNumber Monetary Value
Australia Post outlets 6,523 $179,290
Decipha (online, phone and iPad agents) 36,708 $888,386
Total 43,231 $1,067,676

Type of permits sold between 01/07/2017 and 30/06/2018

Permit TypeNumber Monetary value
Weekly 25,201 $252,010
Yearly 11,899 $594,950
Yearly Discount 6,131 $220,716

The SIP Scheme Budget

Budget statement for the Stocked Impoundment Permit Scheme for the Period 01/07/2017 to 30/06/2018.

$%
Total funds collected $1,067,676 100%
Administration costs* $307,120 28.8%
Funds paid for fish stocking (no GST) $770,750 72.2%
Funds paid for community engagement $13,000 1.2%
Funds deferred to 2018/19 $22,676 2.1%

*Additional admin costs paid from other Fisheries Queensland budget

The following is a breakdown of the administration costs component of the above table.

ComponentCost
Permit Sales Costs* $174,211
SIPS Working Group $1,733
Travel $443
Postage $6
Miscellaneous $105
Stationery & Printing $235
Marketing Campaign $200
SIPS Webpage Upgrade $4,565
SIPS Signs $7,502
Salaries $118,120

*Includes $94,142 for iPad agents

How the funds were allocated

Allocation amounts were based on a total revenue of $1,067,676 (included total sales July 2017 to May 2018 and predicted sales for May and June 2018). $22,676 in revenue was deferred to the 2018-2019 financial year. A total of $783,750 (ex GST) was allocated for community engagement and impoundments in 2017-2018. FFSAQ was allocated $8,000 and Somerset and Wivenhoe Fish Stocking Association Inc. was allocated $5,000 for community engagement. $770,750 was allocated to impoundments for fish stocking and other approved activities.

The allocation formula used for impoundments was 50% allocated by surface area capped at 4,000 ha and 50% allocated by the SIPS permit holder participation from the 2018 SIPS survey with minimum $500 allocations, maximum of 70% of total stocking allocation from SIPS and percentage of available fishing area. Below is a list of the impoundment allocations and SIPS permit holder participation for 2017-2018.

SIP Funding Allocation
Impoundment SIPS Holder
Participation
Total Allocation
(ex GST)
Impoundment SIPS Holder
Participation
Total Allocation
(ex GST)
Aplins Weir 0.86% $3,861 Inglewood Town Weir 0.37% $1,051
Baroon Pocket Dam 1.08% $7,155 Jones Weir 0.15% $1,877
Beehive Dam* 0.07% $514 Kinchant Dam 2.19% $15,260
Ben Anderson Barrage 0.18% $1,448 Koombooloomba Dam 0.41% $12,719
Ben Dor Weir 0.04% $514 Lake Belmore 0.05% $1,041
Bjelke Petersen Dam 5.41% $36,842 Lake Dyer 0.57% $2,958
Black Weir 0.69% $3,323 Lake Gregory 0.89% $4,941
Bonshaw Weir 0.55% $1,545 Lake Kurwongbah 1.35% $7,839
Boondooma Dam 6.88% $40,950 Lake MacDonald 1.54% $7,953
Borumba Dam 5.18% $18,015 Lake Monduran 3.86% $43,980
Burdekin Falls Dam 0.37% $30,151 Lemon Tree Weir 0.54% $903
Caboolture River Weir 0.49% $2,730 Lenthalls Dam 1.75% $12,402
Callide Dam 1.00% $12,832 Leslie Dam 4.31% $26,075
Cania Dam 2.25% $14,078 Maroon Dam 3.25% $10,671
Cecil Plains Weir 0.62% $1,705 Miles Weir 0.12% $703
Chinchilla Weir 0.98% $6,479 Moogerah Dam 3.95% $21,921
Claude Wharton Weir 0.12% $3,142 North Pine Dam 2.05% $11,002
Connolly Dam 0.55% $1,566 Peter Faust Dam 2.14% $37,164
Cooby Dam 2.94% $11,521 Somerset Dam 8.11% $60,779
Coolmunda Dam 3.46% $26,159 Storm King Dam 0.57% $2,742
Cressbrook Dam 3.46% $17,378 Surat Weir 0.39% $1,541
Cunningham (Beebo) Weir 0.33% $1,159 Talgai Weir 0.28% $1,040
Eungella Dam 1.13% $10,556 Teemburra Dam 1.28% $12,841
Ewen Maddock Dam 1.41% $8,255 Theresa Creek Dam 0.78% $4,862
Fairbairn Dam 0.87% $32,148 Tinaroo Falls Dam 2.09% $33,382
Gil Weir 0.12% $990 Whetstone Weir 0.18% $910
Gleeson Weir 0.53% $1,744 Wivenhoe Dam 4.64% $47,048
Glenarbon Weir 0.12% $703 Woodford Weir 0.15% $786
Glenlyon Dam 2.78% $23,911 Wuruma Dam 1.89% $20,262
Goondiwindi (Hilton) Weir 0.50% $2,571 Wyaralong Dam 1.65% $15,342
Gordonbrook Dam 0.32% $2,967 Yarramalong Weir 0.73% $1,304
Hinze Dam 2.47% $20,541    

*This allocation was not paid to the stocking group due to not meeting the Grant Agreement requirements.