Special Resolution for proposal at Annual General Meeting 13 August 2022:
Proposal:
To accept the Goolawah Co-operative Ltd Annual 2022-23 Administration and Infrastructure Budgets as posted on the Co-operative website 09 July 2022.
PROPOSED: Wayne Skinner, SECONDED: Bronwyn Little
Rationale:
The budgets consider the administration expenditure and requirements for infrastructure replacement and projects for the 22 – 23 financial year.
2021-22 Surplus has been placed into consolidated funds.
The outstanding liability for completion of the road per the DA is not considered in this budget however it is in the 10 year Master plan.
Should funding be required for Court action against KSC regarding the DA appeal, this will come from the Infrastructure DA road fund.
Liability exceeds revenue in both 2022-23 budgets however it is considered that the Levies remain the same with additional funding requirements taken from consolidated funds.
Contingency of $10,000 has been included.
Funding for any new projects may be considered and approved separately at a GM during the fiscal year.
Goolawah Co-op Members 