ElisaR
Courtier
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It's also important to point out that the most of these millions are "made" of the two private estates (Balmoral and Sandringham): she has not very much money.
selrahc4 said:She was never included on the Civil List
Monalisa said:I found that in the website posted below:
UNITED KINGDOM :
The cost of the British monarchy has been the subject of the most intense public discussion and speculation, as well as the most widespread misinformation. This is a complex subject, as nearly every aspect of the "cost" of the British monarchy is rooted in centuries of historical usage, tradition, and sometimes arcane bureaucratic processes. Calculation of costs is further complicated by the fact that "the British monarchy" itself is sometimes delineated with difficulty, and one must constantly define "cost," "British," and "monarchy.". It may be argued that more than any other monarchy, it is more than the sum of its parts. The British monarchy is an integral, and large, institution of national society and identity. The monarch, other members of the Royal Family, the various Palaces and historic buildings, the Crown Jewels, gilt coaches, and other trappings, are icons of the United Kingdom, instantly and universally identifiable.
The monarchy derives its financial support from three basic sources, the Civil List, the Grant-in-Aid, and the Privy Purse, with additional funds voted by Government departments.
The Civil List: "The Civil List is the fixed annual sum provided by Parliament to meet the official expenses incurred by The Queen's Household so that Her Majesty can fulfill her role as Head of State. The Civil List is not in any sense remuneration or ‘pay' for The Queen. It is provided to meet those expenses necessarily incurred to enable The Queen to undertake her many public engagements and duties in [the United Kingdom] and abroad." Some 70% of the Civil List goes to salaries of personnel who work directly for The Queen; non-staff expenses include social functions (some 40,000 people are entertained by The Queen annually) and office expenses at Buckingham Palace. The amount of the Civil List is set by Parliament, and paid by the Government.
Under the current system, effective since 1991, Parliament sets a fixed annual amount for the Civil List for a ten-year period. "The fixed annual amount would exceed expenditures during the first part of the ten-year period, enabling reserves to be established to meet deficits toward the end of the period when, as a result of inflation, expenditures would be expected to exceed the fixed amount." The Civil List was set at £7.9 million to be paid annually for the ten-year period commencing January 1st, 1991, with an annual increase of approximately 6.5% to cover inflation.
Civil List expenditures for 1990, the latest year for which final figures are available, were £5,060,000. Surpluses are carried over from year to year as reserves; any surplus at the end of the current ten-year period will be applied to offset expenses of the Civil List in the following period.
Civil List for 1996 £7,900,000
The Grant-in-Aid is the funds provided by the Department of National Heritage for property services in the Royal or Occupied Palaces (Buckingham Palace, St. James's palace, Clarence House, Marlborough House Mews, Kensington Palace, Windsor Castle, Frogmore House, Hampton Court Mews and Paddocks; in total, some 100 buildings, 6,000 rooms, and 20 acres of roofs. (The Palace of Holyroodhouse is the responsibility of Historic Scotland; the Historic Royal Palaces or Unoccupied Palaces, including the Tower of London and Hampton Court, are looked after by the Historic Royal Palace Agency.)
The Occupied Palaces are used for Head of State and ceremonial purposes, and as official residences by The Queen, other members of the Royal Family, and employees. They also provide offices and workshops for staff and craftsmen. Approximately 75% of the funds are spent on property maintenance, and 25% on utilities, security, fire safety, craftsmen, cleaning, and gardening. "The Occupied Palaces are an important part of the national heritage and the largest part of the Grant-in-Aid is spent on their maintenance and conservation." The properties covered by the Grant-in-Aid are largely in the nature of museums, historic buildings, and monuments. The Grant-in-Aid does not apply to such properties as Sandringham or Balmoral, which are the property of The Queen personally.
Grant-in-Aid, 1994-95 £20,541,000
In 1991, the Royal Household assumed responsibility for property services in the Occupied Palaces, and considerable savings have been achieved. "The Royal Household plans to reduce the annual amount of the Grant-in-Aid to£15 million by the end of the decade. If this is achieved more than £70 million will have been saved, in real terms, since the Royal Household assumed responsibility..."
The Privy Purse derives its funding from the Duchy of Lancaster, income from Privy Purse retained reserves, and payments from the Sandringham Estate. Duchy of Lancaster net surplus for the year ended September, 1994 amounted to £3.9 million. "The funds received by the Privy Purse... [are] used to meet official expenditure incurred by The Queen as Sovereign which has not historically been charged to the Civil List, as well as some of The Queen's private expenditure." Such official expenditure includes providing for official expenses of other members of the Royal Family, pensions and welfare for official staff, and official costs incurred by the Royal Household when The Queen is in residence at Balmoral and Sandringham.
"Since 1399 [the landed estate known as the Duchy of Lancaster] passed to each reigning Monarch, with the Duchy revenue providing a source of income separate from other Crown inheritances." The Duchy estate is divided into surveys for management purposes:
- Crewe Survey, comprising 5,050 acres in Cheshire, Shropshire and Derbyshire
- Lancashire Survey, comprising 11,750 acres in the Fylde and in the Forest of Bowland
- Needwood Estate, 7,540 acres in Staffordshire
- Yorkshire Survey, comprising approximately 19,980 acres between Pickering and Scarborough
- South Survey, comprising approximately 6,450 acres in Northamptonshire and Lincolnshire
The Duchy also owns commercial properties in London and elsewhere, and other investments.
The Prince of Wales, as Heir to the Throne, receives no funds under the Civil List Acts, but, under an arrangement dating back seven centuries, receives the annual net revenues of the Duchy of Cornwall (he is 24th Duke of Cornwall, as Heir to the Throne; the title of Prince of Wales is not automatically conferred on the Heir) for the costs of all public and private commitments. Although these revenues of the Duchy are tax exempt, the Prince has voluntarily given up 25% of this income to the Exchequer. In 1993, at the same time as The Queen volunteered to pay income tax on her private income, the Prince of Wales volunteered to pay income tax on his Duchy income.
The Duchy currently owns approximately 130,000 acres of land in 23 counties. In 1994, the Prince of Wales received £4.5 million before tax from the Duchy of Cornwall.
Other Members of the Royal Family
Other members of the Royal Family have been paid Parliamentary Annuities from Government funds to meet official expenses incurred in carrying out public duties, under the Civil List Acts. Under the 1990 financial arrangements, the following annuities were set for the decade 1991-2000, with an annual increase of approximately 7.5% to cover inflation:
H.M. Queen Elizabeth The Queen Mother £643,000
H.R.H. The Prince Philip, Duke of Edinburgh £359,000
H.R.H. The Duke of York £249,000
H.R.H. The Prince Edward £96,000
H.R.H. The Princess Royal £228,000
H.R.H. The Princess Margaret, Countess of Snowdon £219,000
H.R.H. Princess Alice, Duchess of Gloucester £87,000
H.R.H. The Duke of Gloucester £175,000
H.R.H. The Duke of Kent £236,000
H.R.H. Princess Alexandra, the Honourable Lady Ogilvy £225,000
Since 1975, The Queen has reimbursed the Government for the annuities paid to her cousins, the Duke of Gloucester, the Duke of Kent, and Princess Alexandra. It was announced in late 1992 that, effective April 1993, The Queen would also reimburse the annuities for all other members of the Royal Family, except for H.M. Queen Elizabeth The Queen Mother and the Duke of Edinburgh. H.M. Queen Elizabeth The Queen Mother and the Duke of Edinburgh are now "the only members of the Royal Family other than The Queen in receipt of money from public funds which is not repaid."
The Prince of Wales receives no public funds. Diana, Princess of Wales and Sarah, Duchess of York received no public funds before or after their respective divorces.
Accordingly, the only public funds allocated to members of the Royal Family other than The Queen, which are not reimbursed by The Queen, are:
H.M. Queen Elizabeth The Queen Mother, widow of H.M. King George VI £643,000
H.R.H. The Prince Philip, Duke of Edinburgh, consort of the present Monarch £359,000
bad_barbarella said:i always thought the windsors would be the richest
The Luxembourg royal family comes in second place with approximately £3 billion.
[Former] Grand Duke Jean of Luxembourg follows with £800 million
Does anyone have any knowledge of what assets these figures are based on?
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Nathalian said:Alisa....I couldn´t open your site....could you send again...I know that the last is the Belgians....they ONLY (ironic only) have 45 million dollar....
Iain said:Are they worth all that money? well no. If you look at the queen's year you see that she has a months break over Christmas and New Year, another month at Easter and a three month break in the summer when she hides away at Balmoral. During those five months she carries out no public duties. For the remaining seven months she stays at Windsor every weekend from Friday to Monday and carries out no public duties on those days. That leaves 3 days when she does carry out duties. This means that there are only 84 days in the year when she carries out public duties. That is 11 weeks out of 52. Not bad work if you can get it.
QUOTE]
Please remember that the Queen is also in her 80's and must work at a pace that won't kill her. Same with Prince Philip. She probably put in alot more time when she was younger.
Also, wheras other Royal famalies from other countries may travel relativley unknown on public airlines that is virtually impossible for the BRF. They are internationally famous & would certainly be hounded by the public & the paparazzi virtually every moment of the flight.
lashinka2002 said:Please remember that the Queen is also in her 80's and must work at a pace that won't kill her. Same with Prince Philip. She probably put in alot more time when she was younger.
I'm sorry, but Elizabeth has followed that same routine throughout her reign
Also, wheras other Royal famalies from other countries may travel relativley unknown on public airlines that is virtually impossible for the BRF. They are internationally famous & would certainly be hounded by the public & the paparazzi virtually every moment of the flight.
Princess Anne thinks nothing of travelling by public transport so if it's good enough for her it should be good enough for the rest of them. Also, a few years ago Elizabeth had to travel on a public airline to New Zealand because the New Zealand government refused to pay for a private jet.
EmpressRouge said:Also the British royal family is a lot bigger than the ones on the Continent. Besides the Queen, the Duke of Edinburgh, and their kids, it also includes the Queen's cousins, the Duke and Duchess of Gloucester, Duke and Duchess of Kent, Princess Alexandra of Kent, and Prince and Princess Michael of Kent. It's so large becz they are more high profile, have more duties, and have to serve Britain and the rest of the Commonwealth. The RFs of other European nations usually consists of the monarch and his/her immediate family thus have a smaller civil list.