Operating costs are defined as staffing plus administration costs. The table shows the operating costs for each Regional Development Agency (RDA) for 2006-07 and 2007-08. However, the totals provided for July, August, September and October 2008 are not audited management account figures and therefore some elements included in the statutory accounts such as depreciation charges are excluded from the sums presented.
In relation to the question on benefits to the economy from RDAs operations; the Government have commissioned PricewaterhouseCoopers to conduct an independent evaluation of the economic impact of RDAs. Their report has just been completed and I will be presenting it to the House shortly.
£ million 2008-091 RDA 2006-07 2007-08 July August September October AWM 21.3 30.5 2.2 2.3 2.2 2.0 EEDA 15.9 17.1 1.6 1.6 1.3 1.1 EMDA 16.4 17.6 1.4 1.4 1.4 1.4 LDA 45.7 43.8 4.1 3.2 3.7 3.6 NWDA 38.8 34.3 2.8 4.2 3.1 3.0 ONE 24.8 24.7 1.9 2.3 2.3 2.5 SEEDA 24.3 26.1 1.8 3.2 1.8 2.3 SWRDA 23.1 24.4 2.2 2.3 1.5 1.9 YF 23.7 228.7 1.7 1.7 1.7 1.8 1 Figures for 2008-09 have not been audited. 2 This figure includes £3,178,000 of expenditure incurred by subsidiaries. Costs incurred by subsidiaries of YF were consolidated into the Agency’s accounts in 2007-08 for the first time. In 2006-07 costs incurred by subsidiaries were not included with those of YF. For comparison purposes, the subsidiaries cost for 2006-07 was £3,616,000.