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Originally Posted by ysbel
The government received a large unexpected windfall as a result... no one really kept track of how the annual amount given to the royal family in the Civil List related to the original assets that the Royal Family turned over. So, in short, over 200 years later, its impossible to say whether the British taxpayers are footing the bill for the royal family or whether they still owe the Queen money.
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From the Crown Estate Website...
THE CROWN ESTATE ANNOUNCES PROFITS OF £184.8 MILLION .. 12 July 2005
The Crown Estate has announced today a 4.5% increase in net revenue surplus to £184.8 million for 2004/05. All of this money is paid to the Treasury for the benefit of UK taxpayers. Capital value rose 10.8% to£5,090 million, the first time it has broken the £5 billion mark.
This is what the Monarch gives up at the start of each reign in return for the Civil List.
When he becomes King Charles should tell the government that he will not sign over the income from the Crown Estates; instead he will fund the whole Royal operation himself. Then no-one could complain about the cost of the Monarchy!
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