ARC Centre of Excellence for Core to Crust Fluid SystemsCCFS Funding
Financial accounting for allocated funds is carried out at each node. MQ is responsible for the final reporting to ARC through the DVC Research, and is audited through the Macquarie University process.
Strategy for CCFS funding leverage
ARC anticipates that Centres of Excellence will develop a profile of basic and strategic research outcomes that provides an attractor for leveraging resources. Active strategies within CCFS include:
- Collaborative project building with industry partners
- Applications to funding schemes for matching funds for new infrastructure purchases and partner co-investment
- Technology development to deliver new and improved methodologies and tools for enhanced research collaboration and for the exploration industry
- Diversification of the funding portfolio to include other Government schemes, industry and participation in international research programs
- Applications to relevant ARC funding schemes for projects not funded from the ARC CCFS allocation, but aligned with CCFS goals
- Providing input into future NCRIS (especially AuScope) policies, using CCFS research concentration and leading directions to inform national priorities
This is an unaudited summary of 2015 income and expenditure. A full, audited statement of detailed expenditure and income is prepared by Macquarie University. No in-kind support is included here.
| CCFS Income & Expenditure Statement 2011-2015 | ||||||
| Source | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 Forecast |
| Income | ||||||
| ARC |
$1,828,350 |
$2,004,179 |
$1,971,746 |
$2,031,333 |
$1,952,842 |
$2,020,500 |
| MQ |
$626,705 |
$1,032,004 |
$1,822,748 |
$1,464,360 |
$1,925,076 |
$968,500 |
| UWA |
$133,500 |
$763,500 |
$415,000 |
$415,000 |
$453,539 |
$415,000 |
| Curtin |
$727,725 |
$608,055 |
$851,244 |
$611,290 |
$523,292 |
$500,000 |
| GSWA |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
| SLF Income |
$500,000 |
|
|
|
|
|
| SLF interest |
$13,744 |
$12,530 |
$5,790 |
$1,811 |
$336 |
$200 |
| ECR Income from ARC |
$1,250,000 |
|
|
|
|
|
| ECR Interest |
|
$24,734 |
$16,118 |
$6,566 |
$1,841 |
$1,000 |
| TOTAL INCOME |
$5,230,024 |
$4,595,003 |
$5,232,646 |
$4,680,360 |
$5,006,926 |
$4,054,000 |
| ACCUMULATED FUNDS FROM PREVIOUS YEAR |
|
$3,702,071 |
$4,960,194 |
$5,181,390 |
$4,776,770 |
4,378,094 |
| Expenditure | ||||||
| Salary |
$783,390 |
$1,608,470 |
$2,263,183 |
$2,402,327 |
$2,423,825 |
$2,739,182 |
| Equipment |
$90,128 |
$220,548 |
$785,851 |
$512,413 |
$93,008 |
$1,060,172 |
| Travel |
$91,305 |
$280,795 |
$388,431 |
$404,572 |
$440,158 |
$390,110 |
| Maintenance/Consumables |
$42,433 |
$459,530 |
$487,255 |
$494,580 |
$640,889 |
$642,654 |
| Scholarship |
$520,697 |
$767,538 |
$1,086,730 |
$1,271,088 |
$1,807,722 |
$533,000 |
| TOTAL EXPENDITURE |
$1,527,952 |
$3,336,880 |
$5,011,450 |
$5,084,980 |
$5,405,602 |
$5,365,118 |
| ACCUMULATED FUNDS TO NEXT YEAR |
$3,702,071 |
$4,960,194 |
$5,181,390 |
$4,776,770 |
$4,378,093 |
$3,068,176 |
INCOME SOURCES 2015
