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16.4.3 The Efficiency of Implementing New Systems as Opposed to the Use of Existing Mechanisms

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  6. 16.4 Step 3 - Identification of appropriate funding mechanism »
  7. 16.4.3 The Efficiency of Implementing New Systems as Opposed to the Use of Existing Mechanisms

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The required rating system will not be difficult to implement and there would be little additional cost to establish the differential rating systems. The basis for the Lower Waikato river management and flood protection differential rating system is already in place and can be efficiently extended to include the additional areas of benefit. Council has all the information required to implement the proposed system.

Council considered that in terms of section 122H(c) of LGAA it is efficient and effective to use the proposed funding mechanisms.