The volume recognised in the Statement of Water Assets and Water Liabilities represents the volume of surface water allocation remaining for irrigation supply licence entitlements at the end of the reporting period (30 June 2010).
Western Australian Department of Water: Water Resource Licensing database.
Western Australian Department of Water.
For each surface water Irrigation Scheme Supply licence, the licensed water management year is from 1 July to 30 June. At the end of the water management year, any unused allocation is forfeited. Therefore, the allocation remaining on 30 June of the reporting year is zero, as shown below.
|
Account |
Volume (ML) |
---|---|---|
|
Opening balance (as at 1 July 2009) |
0 |
add |
25.1.2.1 Allocation announcement on regulated flows |
58,365 |
less |
14.7.2.1 Allocation diversion of regulated surface water flows |
45,560 |
less |
26.1.2.1 Adjustment and forfeiture of allocation on regulated flows |
12,805 |
|
Closing balance (as at 30 June 2010) |
0 |
Ungraded.
Nil.