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Coastal Communities Fund

Treasury written question – answered on 25th February 2013.

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Photo of Adrian Sanders Adrian Sanders Liberal Democrat, Torbay

To ask the Chancellor of the Exchequer if he will increase the level of funding available through the Coastal Communities Fund for future years.

Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury

Funding for the Coastal Communities Fund is equal to 50% of the revenues generated by the Crown Estate's marine assets. The funding for 2013-14 will be £27.8 million, an increase of £4.1 million from 2011-12.

Funding for future years will be determined in line with this formula and will be reviewed as part of the spending round. We will also review the size of the fund should revenue rise or fall significantly in any given year.

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