SIPS 2017-2018 financial summary
Permit sales between 01/07/2017 and 30/06/2018
| Sales Outlet | Number | 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 Type | Number | 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.
| Component | Cost |
|---|---|
| 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.