In July 2012 the LHIB Administration received the annual LHI Aerodrome Technical Inspection Report. The report recommends several actions to ensure compliance with the CASA Regulations. A significant recommendation is the requirement to reduce the height of Blinky Dune as it is now impacting on the preferred flight path.
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This latest revision of the policy incorporates some of the recommendations of the community Vehicle Management Group as well as changes requested by the LHI Board. Key changes to the policy include:
The NSW Government offers the following rebates to assist in ensuring that energy remains affordable:
The building contract is rapidly reaching the conclusion with the Project scheduled to be practically complete shortly, the fit-out and electrical installation can be completed.
Given the significant capital investment required to implement the Road Map the LHIB Administration has developed a funding strategy based on utilising a combination of NSW Treasury Loans, seeking NSW Government Capital Works funding and electricity tariffs.
The projected total revenue of $7,902,000 and total expenditure of $7,862,000 for the 2012/13 financial year. The budget includes capital expenditure of $669,100 for the year. Depreciation expense in financial year 2012/13 is expected to be approximately $1.4 million.
The Minister for the Environment, Robyn Parker, has awarded $1.5m million to the Board for continuation of the island's weed eradication program. The three year funding agreement through the NSW Environmental Trust will give the eradication program a huge boost and create major employment opportunities on the island.
Construction works on the new LHI Powerhouse have continued over recent months with the new building on schedule for completion in Mid June.
The project was approved with 15 conditions.
Given the significant capital investment required to implement the Road Map the LHIB Administration has developed a funding strategy based on utilising a combination of NSW Treasury Loans, seeking NSW Government Capital Works funding and electricty tariffs.