Club Expenditure outlined by the Board

Dear Mem­bers

The Board of Direc­tors (BoD) are real­ly look­ing for­ward to the new sea­son. One impor­tant part of keep­ing the club mov­ing for­ward is the strate­gic goal of con­tin­u­ous improve­ment of our facil­i­ties, equip­ment and resources to max­imise out­comes for our mem­bers. Some of this is facil­i­tat­ed through annu­al bud­get­ing, some of it through Cap­i­tal Expen­di­ture (CAPEX). In the very near future the BoD will be review­ing pro­pos­als from the Clubs Exec­u­tive in regards to CAPEX items for 2019/20. As we move into this cycle the BoD thought it time­ly to explain the out­come of the last round of CAPEX fund­ing and the process that will be fol­lowed for this in 2019/20.

In 2018/19, fol­low­ing advice from the Club’s Exec­u­tive, the BoD approved the fol­low­ing items for imme­di­ate expen­di­ture. Please note that this CAPEX is on top of the nor­mal bud­gets allo­cat­ed across the port­fo­lios.

$40,000 on Surf sports includ­ing (but not only) new IRB Hulls, Engine and Hel­mets; and a new surf Boat. It should be not­ed that an IRB engine is released into the ‘Life­sav­ing’ resources.

$35,000 on Life­sav­ing and Edu­ca­tion, includ­ing (but not only) new train­ing defibs and resus-annies; a set of resources to facil­i­tate the new obser­va­tion point; var­i­ous tri­pod, new binoc­u­lars and stor­age cab­i­net for exist­ing tow­er; and new safe­ty cones and signs.  Sig­nif­i­cant­ly, the BoD has also com­mit­ted to pur­chas­ing a New Patrol Trail­er and the ren­o­va­tion of the first aid room– sub­ject to quotes. This is like­ly in excess of an addi­tion­al 30,000 to 40,000.

$21,000 on Devel­op­ment includ­ing 15 x Krac­ka Fibre­glass Nip­per Boards and addi­tion­al stor­age racks. Sig­nif­i­cant­ly the BoD has also already agreed to an addi­tion­al 15 x Krac­ka Fibre­glass Nip­per Boards for 2019/20.

$20,000 on new AV equip­ment for the Club lounge and bar area to sup­port club events and build capac­i­ty for facil­i­ty hire. Sig­nif­i­cant­ly the BoD has also already agreed to sup­port a new Web­site, sub­ject to quotes.

The BoD has also in prin­ci­pal made a com­mit­ment to a num­ber of oth­er areas, some of which will require reg­u­la­to­ry approvals and or per­mis­sion from the CoJ to progress. The BoD through var­i­ous rep­re­sen­ta­tions and/or com­mit­tees is cur­rent­ly pro­gress­ing these. These include: Club down­stairs toi­let and show­er refur­bish­ment and/or ren­o­va­tions; upstairs bath­rooms; new secu­ri­ty sys­tems and boat shed roller doors x 2; and the pro­vi­sion of shad­ing for the out­side deck­ing area.

CAPEX process for 2019/20

As per last year the BoD is now seek­ing advice and pro­pos­als from the Club Exec­u­tive in regards to CAPEX for 2019/20. The Club Exec­u­tive will con­sult with the var­i­ous Man­agers across the Club and put for­ward a pro­pos­al to the BoD. The Club Exec­u­tive and Man­agers will of course con­sult broad­ly amongst the club.

The BoD will con­sid­er these items and how they best fit with the Club’s Strate­gic direc­tion, and fund accord­ing­ly. These items will typ­i­cal­ly be over and above $1,000. Items under $1,000 will typ­i­cal­ly be includ­ed in the annu­al bud­get­ing process.

Please feel free to con­tact me (Andy Jones) or any oth­er mem­ber of the BoD if you wish to dis­cuss any mat­ter relat­ed to this top­ic.

Thanks, the Board of Direc­tors

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