Co-Convenor's Report

Secretary's Report

Campaigns Reports

Events and Fundraising Report

Treasurer's Report

Summary of Achievements

Thank you

ANNUAL REPORT 2001-2002

Treasurers Report

The Lobby financial reports for the year 2001-2002 are attached.

The reports show a loss on the year of $43,336.00. This gives a slightly misleading picture of the Lobby's current financial position as some of the income budgeted for the year (and spent over the course of the year) arrived shortly after the end of the financial year. Due to our cash accounting methods the reports do not include monies received from First Fleet Productions ($50,000.00 from Harbour Party 2002) and from NiteGroove fundraising (from Mardi Gras 2002 and New Year 2002 Frisky) which was received after the end of financial year. Our budget for the year aimed for a small surplus for the year based on the expected incomes from these two sources. The result of these amounts not being able to be included in this year's reports is that there is a loss reported for the financial year just completed and there will be a corresponding inflation of the income for the next financial year. As noted this money was included in our budget for this year and is not available for spending in this financial year.

The Lobby is grateful for the support from First Fleet Productions and Nitegroove. Income from these two sources constitute the bulk of the Lobby income. Note should also be made of South Sydney Council who provide a significant rental subsidy for our office.

The challenge for the Lobby remains no different than in previous years. We still are reliant on the generosity of individuals and groups in order to function. What has changed is the recent financial problems of Mardi Gras. Mardi Gras had been given the licence for the former Harbour Party (to be called Botanica). It now seems unlikely that there will be any income from this source. This means a reduction in income of approximately 60% for the Lobby. Also, South Sydney Council is reviewing its community organisation rental subsidy programme and the usage of 94 Oxford St which currently houses ourselves and a number of other community organisations.

Our current financial reserves can support the Lobby for at least the next financial year, however I recommend that the next committee continue with budgetary restraint and continue the search for a sustainable source of income. In the absence of substantial new sources of income, the Lobby will face an uncertain future in approximately two to three years.

Jenny Mann
Treasurer