Trust's annual spending report
The Canal & River Trust has released its annual report showing boaters the importance of licence fees in keeping the inland waterways flowing smoothly.
A fifth of the charity’s funding comes from licences and moorings, enabling works such as dredging, culvert and towpath repair, replacing lock gates and providing pump out facilities and emptying the canalside bins.
The trust’s income last year was £210m with licences and mooring fees making up £40.2m. The main sources of funding come from investment and property income of £53.4m and the Defra grant (£51.3m). The total expenditure in 2018/19 was £201m with day-to-day operations and waterway assets costing the most at £37.8m and £26.4m respectively.
Projects and repairs
A further £23.8m was spent on major infrastructure works such as repairing bridges, grouting lock chambers or repairing culverts. The trust took on 130 major projects during this period and conducted 800 planned repairs. Through its planned stoppage projects 1,000 defects were fixed and 137 lock gates repaired. These projects are against a daily backdrop of responding to incidents, providing assistance and keeping water supplies at the right levels as well as looking after vegetation.
The trust also responded to 117,500 calls from customers as well as rescuing one million fish and emptying 86,000 bins.
The Trust cares for the 2,000 miles of inland waterways across England and Wales, ensuring the 35,000 boaters and millions of visitors per year can continue to enjoy the water. It looks after 1,589 locks with around four million lockages per year. It also cares for 72 reservoirs, most of which are around 200 years old.
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