*I'm sure IWAC wouldn't mind me posting this. *
**
*Steve*

The latest report from the Inland Waterways Advisory Council (IWAC) looks at
the funding and income sources for a selection of overseas inland waterways
in eight countries whose uses are similar to the majority of those in
Britain.

IWAC’s report, researched and produced by specialist consultants
Euromapping, found that from information received covering the 2005-08
period:

·         At least 95% of income came from public funding for the vast
majority of waterway examples, including the Erie Canal (United States) and
River Lot (France).

·         In Germany and France there was a trend to transfer public funding
from national government to regional or local government sources – something
considered and not adopted in Sweden.

·         Road tolls were the source of public funding for the United
States’ New York State Canal Corporation and, to a lesser extent, the
Netherlands’ Drenthe Canals.

·         66% of income for Sweden’s Göta Canal came from property, private
boats and trip boats.

John Edmonds, who chairs IWAC, said “Our report on overseas waterway funding
and income sources revealed four main points. First, the significantly high
level of public funding for overseas inland waterways. Second, the trend
recorded in many of the European waterways surveyed to transfer funding from
national governments to regional or local governments – which often led to a
period of uncertainty whilst transfer terms were discussed. Third, the
report highlighted how road tolls can, where long established such as in the
United States, be used as a source of waterway funding. Finally, the
importance of property as a substantial source of income for the very
successful Göta Canal in Sweden, which can also act commercially on those
assets.
Many politicians will be surprised by the evidence in our report that
Britain’s main inland waterways are not as dependent on public funding,
either from national or local sources, as many of their counterparts are
overseas.”

IWAC’s report “Funding and Income Sources for a Selection of Overseas Inland
Waterways” is available online at http://www.iwac.org.uk/reports.


[Non-text portions of this message have been removed]



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