How much public funding was allocated in respect of the Skye Bridge and how much funding Skye Bridge Limited received in (a) tolls and (b) …

Answered Asked by Fergus Ewing SNP Lodged 10 Jan 2005

The question

To ask the Scottish Executive how much public funding was allocated in respect of the Skye Bridge and how much funding Skye Bridge Limited received in (a) tolls and (b) subsidies in each year since the bridge was opened.

The answer

Answered by Nicol Stephen on 24 Jan 2005 · 14 days after it was lodged, on time

The total cost of the Skye Bridge project was £39 million, of which some £15 million was publicly funded. Both these figures are quoted at 1991 prices.
Toll receipts totalled £33,370,829 in cash terms between October 1995 and September 2004. This includes compensation payments, totalling £7,564,517 in cash terms, in respect of the costs of increased frequent user discounts from 1998, the freeze on toll levels from 2000 and the imposition of VAT on tolls from February 2003. A breakdown of these totals is set out in the following table:
Year
| Toll
Revenue (£)
| Compensation
Payments (£)

1995
| 397,599
| 0

1996
| 3,178,385
| 0

1997
| 3,253,993
| 0

1998
| 3,579,642
| 637,482

1999
| 3,666,434
| 712,723

2000
| 3,755,373
| 801,483

2001
| 3,641,085
| 858,414

2002
| 4,003,881
| 1,028,589

2003
| 4,137,522
| 1,623,888

2004
| 3,756,915
| 1,901,938

In the Official Report

No contribution in the Official Report cites S2W-13263 by reference.