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He also said he had warned the state that its funding method "may not be an appropriate one".
Some actuaries who have studied the funding method have said they doubt it meets the standards of their profession.
Crowdfunded health projects can be classified into four types according to the venture's purpose and funding method.
The company's scale of operation and unique, robust funding method provides long-term security to its members, collection and treatment partners.
The S.E.C. has no direct jurisdiction over public pension funds and cannot order a government to follow any particular funding method.
This funding method, known as tax-increment financing, is common in America but has never been tried in British cities.It could transform how they operate.
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New funding methods claim to democratize investment in innovation, but important technologies still struggle.
Above all, what will the process for renewing and setting the licence fee (or subsequent funding methods) be?
"It's bloody hard, it's expensive, but traditional funding methods didn't work for this species," Stojanovic said.
"Its diversity of broadcasters and their variety of funding methods is a strength and not a weakness.
Public sector accountants claim that hospitals and schools would be cheaper to build using traditional funding methods.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com