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Smart Governance

Smart Governance. By Gavin McMahon Chief Executive Officer Central Irrigation Trust. Smart Governance. s ustainable, managed, accountable, resilient, trusted.

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Smart Governance

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  1. Smart Governance By Gavin McMahon Chief Executive Officer Central Irrigation Trust

  2. Smart Governance 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 By Gavin McMahon Chief Executive Officer Central Irrigation Trust

  3. Riverland South Australia Where are we - CIT

  4. Irrigation - Southern Murray Darling 1,243,000 ha * Data provided by Professor Wayne Meyer of CSIRO and the CRC for Irrigation Futures

  5. Murray Darling Basin Irrigation Assets Total $6.33 billion + water $6.66 billion (6,656GL @ $1m/GL) * Data provided by Professor Wayne Meyer of CSIRO and the CRC for Irrigation Futures

  6. Our Journey - Early

  7. Our Journey To Date

  8. Central Irrigation Trust 1997 Central Irrigation Trust forms to manage Irrigation Districts

  9. Grower Owned Trusts • 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

  10. From ownership by governments To ownership by farmers The First Step

  11. Our Irrigation Business Monopoly supplier Regulated Business Irrigation Customer is the Owner High Asset Value with Low Turnover

  12. Central Irrigation Trust (Operating Company formed 1997) CIT Business Structure Grower Owned Trusts Berri Cadell Chaffey Cobdogla Kingston Golden Heights Loxton Lyrup Moorook Mypolonga Sunlands Waikerie Annual Turnover - $12 million Irrigation Assets - $227 million Water Entitlement - 135 000 ML Site Use Approvals - 175 000 ML

  13. 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

  14. Thank you for listening

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