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16.3.4 Avoiding Significant Adjustment Difficulties for any Person(s) Arising from Changes in the way Costs are Allocated

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  7. 16.3.4 Avoiding Significant Adjustment Difficulties for any Person(s) Arising from Changes in the way Costs are Allocated

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Council accepts that increased rates will increase the financial burden on ratepayers within the scheme area and within the Region. The problem is one of bridging the gap between the overall cost of maintaining the scheme to the required standard, and the current inadequate funding for this, including the deficits that have arisen. Council has considered the requirements of the LGAA Section 122E(c) and 122G(d) but does not consider that phasing in the Funding Policy over a period of several years is required.

Council considered that in terms of section 122G(d) of LGAA the allocation avoids significant adjustment difficulties for any person(s) arising from changes in the way costs are allocated.