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Adelaide

                                                                                                   

24.4 Other lumped non-physical water asset decreases

                             

Supporting information   


The volume reported in the water accounting statement (93,030 ML) represents the forfeiture associated with the River Murray Class 6 (formerly metropolitan Adelaide) licence, which is administered as a share in the River Murray consumptive pool for South Australia. The Class 6 entitlement holds 130,000,000 shares in the consumptive pool; the value for each share can exceed 1 kL (SAMDBNRMB, 2009).

The annual allocation for River Murray entitlements for 2009–10 was announced on 3 August 2009 and published in the South Australian Government Gazette. The water allocation rate for the Class 6 entitlement during 2009–10 was set at 1.1538 kL per share (i.e. 150,000 ML for the year).

The volume of water abstracted against this allocation in 2009–10 was 56,970 ML, leaving 93,030 ML as potential carryover in 2009–10. However, carryover is not permitted for the Class 6 entitlement (SAMDBNRMB, 2009). Therefore, the volume recognised as forfeiture in the water accounting statement was 93,030 ML. It is presented in the table below with the other line items relevant to the River Murray Class 6 entitlement.

Calculation Line Item Volume (ML)
 

Opening balance (1 July 2009)

7.6 Non-physical surface water assets remaining—other lumped

0

 
add 23.4 Other lumped non-physical surface water asset increases 150,000
minus 13.6.5 Other lumped delivery of water transferred-in to surface water 56,970
minus 24.4 Other lumped non-physical surface water asset decreases 93,030
 

Closing balance (30 Jun 2010)

7.6 Non-physical surface water assets remaining—other lumped

0

 

 

Quantification approach   


Data source

South Australian Government: South Australian Government Supplementary Gazette No. 56, 3 Aug 2009, page 3469.

 

Data provider

Bureau of Meteorology.

 

Method

The forfeiture associated with the River Murray Class 6 (formerly metropolitan Adelaide) licence was calculated as shown in the table below.

Calculation

Line item

Volume (ML)

 

7.6 Other lumped non-physical surface water assets—other lumped (for 2008–09)

0

add

23.4 Other lumped non-physical surface water asset increases

150,000

minus

13.6.5 Other lumped delivery of water transferred-in to surface water

56,970

minus

7.6 Other lumped non-physical surface water assets—other lumped (for 2009–10)

0

 

24.4 Other lumped non-physical surface water asset decreases

93,030

 

Uncertainty

Nil.

 

Assumptions, approximations and caveats/limitations

Forfeiture for other River Murray licences, such as River Murray Class 1, 2, 3a, 3b, 4 and 5 has not been included in this item. Refer to Water Assets and Water Liabilities that Fail the Recognition Criteria for further information.

 

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