2016-03-07 General Committee - Item 2 - Waste Management PBA Final Report - ATTACHMENT 1

Impact Area     Impact Criteria      Impact     Benefits / Cost Description                                                        Qualitative Assessment
                                     Type
                                                                                                                      Likelihood       Consequence          Impact
                                                    decisions being borne by all ratepayers rather than just
                                                    business customers).
                Inter-generational   Benefits      Adopting full cost pricing practices and recognition of         Very High         Moderate         High Benefit
                Equity               Costs          landfill lifecycle costs will provide the funds necessary to    n.a.              n.a.             Nil Cost
                                                    ensure sustainable service provision through the longer
                NET                                 term, ensuring that the incidence of costs is attributed to
                BENEFIT                             the period in which they are incurred rather than left for
                (high)                              future generations.
                Community            Benefits      Council retains greatest control over the setting of product    n.a.              n.a.             Nil Benefit
                Affordability        Costs          prices (and therefore the impact on social welfare from         n.a.              n.a.             Nil Cost
                                                    such decisions) under the FCP model, although ongoing
                NIL IMPACT                          pricing levels for products will most likely be determined by
                                                    the market regardless of business model applied.
Environment     Resource             Benefits      The FCP model may provide Council with greater flexibility      Moderate          Low              Low Benefit
                Sustainability                      to adopt recycling and reuse strategies that may not be
                                                    considered by a CBU on cost grounds.
                NET                  Benefits      Council would have greater oversight and control over the       Low               Moderate         Low Benefit
                BENEFIT                             business under the FCP model, where it would be able to
                (low)                               continually review and manage operational plan strategies
                                                    in relation to waste management.
                                     Costs         Nil identified.                                                 n.a.              n.a.             Nil Cost
                Environmental        Benefits      Environmental outcomes would continue to be                     High              Very Low         Low Benefit
                Outcomes                            appropriately regulated under the FCP model.
                                     Costs         Service performance may diminish with associated                Low               Moderate         Low Cost
                MIXED                               environmental implications should the business not
                IMPACT                              undertake appropriate levels of operating and capital
                                                    investment in infrastructure (in line with identified levels
                                                    needed from established asset management plans and
                                                    licensing conditions).




Waste Management Public Benefit Assessment                                                                                                                           Page 19