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.
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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.
Regulated routes are generally those routes linked to Sydney (Kingsford Smith) Airport which have fewer than 50,000 passengers annually. Currently there are 14 regulated routes and the licence period for these services expires in March 2013. The new licences will start in March 2013.
Toys are currently being collected by the Lord Howe Island Playgroup Association to be stored at the Anglican Church Hall for community use. A simple loan system is being coordinated and parents, grandparents, visitors and of course the kids are encouraged to take full advantage of the service.
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.
The second tracking map has now been received and the juvenile turtle appears to be travelling well and has been transmitting data for 38 days.
The dispenser is designed to hold a limited amount of nutritionally beneficial fish pellets that tourists and visitors can use (as an alternative to using human food) to feed the fish in the Neds Beach Special Purpose Zone within the Lord Howe Island Marine Park.