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Smart Governance
ByGavin McMahonChief Executive OfficerCentral Irrigation Trust
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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
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RiverlandSouth Australia
Where are we - CIT
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1,243,000 ha
Irrigation - Southern Murray Darling
* Data provided by Professor Wayne Meyer of CSIRO and the CRC for Irrigation Futures
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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
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Our Journey - Early
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Our Journey To Date
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1997 Central Irrigation Trust forms to manage Irrigation Districts
Central Irrigation Trust
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• 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
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To ownership by farmers
The First Step
From ownership by governments
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Our Irrigation Business
Monopoly supplier
Regulated Business
Irrigation Customer is the Owner
High Asset Value with Low Turnover
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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
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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
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Thank you for listening
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