smart governance
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Smart Governance. By Gavin McMahon Chief Executive Officer Central Irrigation Trust. Smart Governance. s ustainable, managed, accountable, resilient, trusted. - PowerPoint PPT PresentationTRANSCRIPT
Smart Governance
ByGavin McMahonChief Executive OfficerCentral Irrigation Trust
Smart Governance
ByGavin McMahonChief Executive OfficerCentral Irrigation Trust
sustainable, managed, accountable, resilient, trusted
Established 1997, Created by and survived Government Reform eg MDBA, Survived Millennium Drought, 3 year management contracts renewed, 4 Trusts joined the group
RiverlandSouth Australia
Where are we - CIT
1,243,000 ha
Irrigation - Southern Murray Darling
* Data provided by Professor Wayne Meyer of CSIRO and the CRC for Irrigation Futures
Total $6.33 billion+ water $6.66 billion(6,656GL @ $1m/GL)
Murray Darling Basin Irrigation Assets
* Data provided by Professor Wayne Meyer of CSIRO and the CRC for Irrigation Futures
Our Journey - Early
Our Journey To Date
1997 Central Irrigation Trust forms to manage Irrigation Districts
Central Irrigation Trust
• 10 Government Developed (1900-50)– 1997 transferred to Grower Ownership
• 2 Privately Developed (1960-61)– 2011 joined CIT
• 6720 Customers (3250 Irrigation, 3400 Domestic, 70 Others)
• 20,000 litres/second pumping capacity• 500 km Piped Delivery• 336 km Piped Drainage• Assets $227 million• Turnover $12 Million
Grower Owned Trusts
To ownership by farmers
The First Step
From ownership by governments
Our Irrigation Business
Monopoly supplier
Regulated Business
Irrigation Customer is the Owner
High Asset Value with Low Turnover
CIT Business Structure
Central Irrigation Trust (Operating Company formed 1997)
Grower Owned Trusts
Golden Heights Loxton
Cadell Cobdogla
Sunlands
Berri
MypolongaMoorook
Kingston
Chaffey
Waikerie
Lyrup
Annual Turnover - $12 million Irrigation Assets - $227 million Water Entitlement - 135 000 ML Site Use Approvals - 175 000 ML
Smart Governance
• Models and structure depend on circumstances
• Complex and rapidly changing operating environment• Easy to operate infrastructure• Water Trading• Increased Regulation• Greater Liabilities
• Greater Customer Demands• Daily replacement • Better water quality
• Asset Replacement• Annuity Fund• 120 Year Replacement Model
Thank you for listening