boatone
Well-Known Member
In another thread a question was asked as to whether the EA spends more or less on the Thames than it receives in registration fees.
The following information is reasonably accurate and has been gleaned from the various reports issued over the last couple of years.
In the year ended March 2015 income from craft registration fees was approximately £4million of which private powered craft accounted for about £3million.
A further £1.3million of external income came from gold licences, overnight mooring, accommodations, Thames Conservancy Act charges etc giving total revenue income of around £5.3million.
Total cost of running the waterway in 2014/15 was just under £11million, approximately half of which was funded by public purse money (government) which included £2.5million for capital maintenance (lock repairs etc).
The budget for capital maintenance in 2015/16 has been cut to £1.8 million (£3million last year) - this is substantially less than the £3million a year indicated some years ago as needed to maintain the waterway capital assets.
There will be no significant increase in registration income this year as there has been no increase in registration fees and the number of craft registered is static at best.
Further reductions in government funding are expected for the coming years as a result of the spending review and registration fees are effectively frozen pro team pending the outcome of an EA wide review of charges..
Happy New Year !
The following information is reasonably accurate and has been gleaned from the various reports issued over the last couple of years.
In the year ended March 2015 income from craft registration fees was approximately £4million of which private powered craft accounted for about £3million.
A further £1.3million of external income came from gold licences, overnight mooring, accommodations, Thames Conservancy Act charges etc giving total revenue income of around £5.3million.
Total cost of running the waterway in 2014/15 was just under £11million, approximately half of which was funded by public purse money (government) which included £2.5million for capital maintenance (lock repairs etc).
The budget for capital maintenance in 2015/16 has been cut to £1.8 million (£3million last year) - this is substantially less than the £3million a year indicated some years ago as needed to maintain the waterway capital assets.
There will be no significant increase in registration income this year as there has been no increase in registration fees and the number of craft registered is static at best.
Further reductions in government funding are expected for the coming years as a result of the spending review and registration fees are effectively frozen pro team pending the outcome of an EA wide review of charges..
Happy New Year !