To ask the Secretary of State for Culture, Media and Sport what the cost has been of the Millennium Dome to public funds in each year since its inception.
The information is as follows.
(1) Grants from National Lottery funds were made by the Millennium Commission to the New Millennium Experience Company (NMEC) as follows.
(23)£24 million (unrequired funds decommitted from NMEC by the Millennium Commission for use on other projects)
(24)£1 million (unrequired funds decommitted from NMEC by the Millennium Commission for use on other projects)
(2) In addition, English Partnerships has been meeting management, maintenance, security and other costs at the site from
All of English Partnerships' costs (gross total of around £32 million to date) from July 2001 to the completion of the arena's construction, and including the costs of the entire sale process, are expected to be recovered from sale proceeds, forecast at £550 million over the period of the deal, which lasts for around another 19 years.
The year by year English Partnerships' maintenance and other costs to date have been as follows:
|Maintenance and other costs (£)|
(25)To end February 2006.
In addition, English Partnerships spent £6.7 million on decommissioning some of the Dome's contents, £0.558 million on a one off payment for insurance and £14.5 million on the sale process between March 1999 and June 2004.