Ord
13.3 Adjustment and forfeiture of surface water allocation - irrigation scheme
Supporting Information
The volume recognised in the water accounting statements (178,586 ML) represents the total forfeiture of water allocations for bulk irrigation surface water entitlements in the Ord region. Forfeiture here occurs because the dates of the 'water year' of each allocation do not match the dates of the 2010–11 year.
This item refers to irrigation licences for Ord Irrigation Cooperative Limited and Water Corporation.
Quantification Approach
Data Source
Provided by
Method
Any unused allocation cannot be carried over to a subsequent licence year. For each licensee, the portion of an entitlement that has not been abstracted by end of its reporting period is forfeited.
That is, the portion of surface water allocation that has not been abstracted at the end of the 2010–11 year is forfeited. The forfeiture is calculated as the total annual allocation for each licence minus total allocation diversion. However, given that the volume of abstraction is estimated to be the full allocation (refer to line item 17.13), this component of the forfeiture is assumed to be zero.
Entitlements that are terminated during the 2010–11 year are also considered to be forfeitures.
Assumptions, Limitations, Caveats and Approximations
Forfeiture is calculated based on available abstraction data. Where the abstraction data are estimated, the forfeiture is subject to the same assumptions and limitations of the abstraction data. Refer to line item 17.13 Surface water allocation diversion – irrigation scheme.
Uncertainty Information
The uncertainty estimate was not quantified.
Comparative year
The following table compares the value for the 2009–10 year reported in this account with the corresponding value reported in the 2010 Account.
2011 Account line item |
2010 Account line item |
Value reported in the 2010 Account (ML) |
Value reported in the 2011 Account (ML) |
Additional information |
13.3 Adjustment and forfeiture of surface water allocation – irrigation scheme |
26.1.9.1 Adjustment and forfeiture of allocation on regulated flows – bulk irrigator holder |
154,684 |
153,043 |
Volume restated due to subsequent availability of actual meter readings |