Coastal communities are to benefit from £7.5 million of revenue generated from the Scottish Crown Estate’s marine assets in the first year of devolved management as 26 local authorities will receive an allocation from the net revenue of the Scottish Crown Estate based on each council’s share of the adjacent sea area.
image: Fiona Newton
Scottish Government writes:
Announcing the allocation, Land Reform Secretary Roseanna Cunningham said: ‘I believe strongly in maximising the benefits of the Scottish Crown Estate and the allocation of £7.5 million to coastal communities the length and breadth of Scotland is the latest step in achieving this. The new funding arrangement will see coastal communities receive 100% of revenue generated from the Estate’s marine assets out to 12 nautical miles around Scotland, enabling them to better fund and support local projects and initiatives. This government is delivering on our commitment to bring financial benefits to communities from the Scottish Crown Estate marine assets and enabling more decisions to be taken at the local level. I look forward to seeing how councils use this exciting opportunity to benefit to their coastal communities.’
