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  1. The key financial details reported today are: The total Sovereign Grant for 2022-23, amounted to £86.3 million (2021-22: £86.3 million), which is made up of a core grant of £51.8 million which funds official travel, property maintenance and the operating costs of The Sovereign’s household.

  2. Jul 27, 2023 · For 2022-2023, the Sovereign Grant was worth £86.3m, the same as in 2021-2022.

  3. The total Sovereign Grant for 2023-24 is unchanged at £86.3 million (Core £51.8 million and Reservicing £34.5 million). 1 For 2022-23, The Sovereign refers to Her Majesty The Queen Elizabeth II and/or His Majesty The King Charles III depending on the context throughout the year.

  4. Jul 27, 2023 · For 2022-2023, the Sovereign Grant was worth £86.3m, the same as in 2021-2022.

  5. The Sovereign Grant Reserve of £5.5 million at 31 March 2024 does not include any funds to meet future commitments for the Reservicing of Buckingham Palace (31 March 2023: £10.1 million). Authorised and contracted Reservicing commitments are £28.8 million at 31 March 2024.

  6. Jun 29, 2023 · How much does the royal family cost? – £86.3 million – The total taxpayer-funded Sovereign Grant, made up of £51.8 million for the “core” funding and an extra £34.5 million for the ...

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  8. 1.8 The amount of the Sovereign Grant for the financial year 2022-23 is £86,300,000. 1.9 A statement of how that amount has been determined by the Royal Trustees

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