Cost Recovery Reporting
Under the new, prospective cost recovery regime, a key mechanism to demonstrate transparency and accountability is the cost recovery reporting for each fishery. The reports look at the deliverables and milestones specified in the Cost Recovery Service Schedule for each fishery, and identify where delivery has or has not been achieved.
The reports also form a key document to engage with industry on service delivery through the year.
Fisheries Victoria report twice yearly on the services provided under the cost recovery system. A mid-year report which covers the period 1 April – 30 September, and an end of year report which covers the period 1 October – 31 March. A final year report is also produced in August and forms the basis for assessment of services. The final year report includes the full year of inspection services as this service does not coincide with the licensing year of 1 April – 31 March.
With the help of the reports, the Fisheries Cost Recovery Standing Committee (FCRSC) reviews service delivery at the end of the year. Where under delivery of services is identified, reductions are calculated for those services not delivered, and an offset equivalent to that reduction is applied in the following licensing year.
2016-17 Mid-year Report
If you require the full 2016-17 Mid-year Report, or a copy of previous reports, please telephone Megan Njoroge on (03) 8392 6850.