PPRuNe Forums - View Single Post - Why no royals in fast jets?
View Single Post
Old 28th Jul 2013, 14:08
  #137 (permalink)  
SASless
 
Join Date: May 2002
Location: Downeast
Age: 75
Posts: 18,290
Received 518 Likes on 216 Posts
If i read this right.....those Foundations were created with Public Money....or Private Money in lieu of Public Money.

As the Royal Family is funded by the Public to the tune of 31 Million Pounds Sterling per year.....and have Real Estate Holdings of over 7 Billion Pounds Sterling.....I should hope they contribute to the People that are paying the Royal's Dole Money.

They should consult with the Obama's as they have a much better travel budget....with their recent trip to the old someplace costing the American Taxpayers a cool 100 Million Dollars.

The British Royal Family is financed mainly by public money, but there are also a number of private sources of income. The official reported annual cost to the British public of keeping the Royal Family was £41.5 million for the 2008-09 financial year.[1] However, this figure is disputed since it does not include the cost of security provided by the police and the Army, the lost revenues of the Duchies of Cornwall and Lancaster and other expenses.
On 1 April 2012, the old Civil List and the Grants-in-Aid were replaced by the single Sovereign Grant. The British Parliament meets the cost of the Sovereign's official expenditure from public funds. This includes the costs of the upkeep of the various royal residences, staffing, travel and state visits, public engagements, and official entertainment.[2]

Last edited by SASless; 28th Jul 2013 at 14:11.
SASless is offline