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Collapse Issue 581:<br />30 Oct 2023<br />_____________Issue 581:
30 Oct 2023
_____________
Collapse  NEWS NEWS
Consultation about Austin Butler Reserve opens
'Most pot-holed road' is repaired
Grant funding to repair Woy Woy baths and foreshore
Ettalong Uniting Church closes
Ferries diverted to Patonga
Phegans Bay foreshore plan forwarded for comment
Bill Jackson awarded life membership
Ettalong Bowling Club announces $1.9 million profit
New 'cell' could extend tip life by seven years
Council denies telling farmers' market to close
Police lay murder, drugs, and break and enter charges
Older women's network to hold fashion parade
Trivia night for Top Blokes Foundation
Donation of Christmas ingredients
Kingfisher takes refuge at Mary Macs
Koala song meter survey resumes
Busy weekend for Marine Rescue*
Working bee at Pearl Beach hall*
Pump training ahead of the bushfire season*
Hopes for positive response to road safety concerns*
Improving public transport accessibility*
Second highest daily rainfall in six months
Collapse  PLANNING PLANNING
Two-storey childcare centre proposed for Lagoon St
Dual occupancy plan has concrete instead of street tree
Two-storey dual occupancy proposed for Woy Woy Rd
Collapse  FORUM FORUM
What are the implications of 'modern planning'?
Op shop relies on passing trade
Rik Hart may not be around to keep his promises
Collapse  HEALTH HEALTH
Aged care provider reports $8.45M deficit
Event held at Woy Woy for Carers Week
Free clinic at women's health centre
Return to exercise class for new mums
Aged care staff raise $669 for breast cancer month*
Training in suicide prevention offered at library*
Collapse  ARTS ARTS
Mural project gains backing of Rotary club
Starting a sewing project with Ghanian fabric
Arts and crafts centre closes for structural repairs
Short films about solving environmental challenges
Movie matinee at Pearl Beach features Caddie
Concert attracts 650 Beatles fans
CWA members attend Wyong theatre production*
Collapse  EDUCATION EDUCATION
Asbestos find leads to oval closure and remediation plan
Rotary club visits college campus farm
Year 6 students complete First Aid training
Crazy sock day raises money for Timor Leste
Collapse  SPORT SPORT
Grand opening for cricket clubhouse
Lions club donates sun cream dispensers to surf clubs
Leading the October bridge pointscore competition
Bad weather for Ducks
Two sessions to run in state-wide bridge championship
Charity bowls day held in spring sunshine
Eric Tweedale dies aged 102
Major Triples final contested in difficult conditions
Council sponsors surf life saving clubs
Veteran singles to be played on Sunday
Paddleboarders hold Halloween charity parade
President has great opening knock
Help with storage
Little aths initiates barbecue roster

EXTRA!!!

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Aged care provider reports $8.45M deficit

Peninsula Villages has recorded a deficit of $8,454,029 for the 2022-23 financial year.

The figure is reported in the aged care facility's annual report, dated September 29.

"This net result includes significant non-cash items for depreciation, asset impairment losses and fair value accounting movements totalling $11,283,232," said board chair Ms Jan-MareeTweedie and treasurer Mr Andrew Cordwell.

"Excluding these non-cash items, the company would be reporting a surplus for the year of $2,829,203."

The report also noted "an overall cash surplus from operations of $2,615,815".

In a joint report with chief executive Mr Colin Osborne, Ms Tweedie said: "The financial result is very satisfactory under all the circumstances."

She said the overall result was impacted by a significant revaluation of some of Peninsula Villages' land and building assets.

"In early 2023, Peninsula Villages commenced a process to compile a Master Site Development Plan for all of Peninsula Villages' properties.

"This process has included an assessment of the condition and life expectancy of all of Peninsula Villages' land and buildings and a formal valuation of all land and building assets and identification of future capital works of both a minor and major nature.

"The compilation of the plan was still in progress at the end of the reporting period.

"However, it is anticipated that the plan will be available for the board's consideration in late 2023 and will assist Peninsula Villages in identifying priorities for redevelopment of existing facilities and the development of new facilities and services."





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