James McCulloch Rethinking Parks presentation

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4 July 2012 - In partnership with the Heritage Lottery Fund and Big Lottery Fund, Nesta brought together park practitioners, civic innovators, local authorities, community entrepreneurs and those in associated sectors to discuss pressing areas for innovation.

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James McCulloch Rethinking Parks presentation

  1. 1. rethinking parks James McCulloch Chief Executive, Nene Park Trust World Commissioner (UK) and Europe Chair-Elect, IFPRA July 2012
  2. 2. Whats the problem? £ + (HLF, etc), £ - (CCT, BV, Efficiency) Importance and benefits well understood ‘Austerity measures’- further 30 - 50% Equals ‘50-70% reduction on quality’ ‘Facing another spiral of terminal decline’ LGA: ‘66 - 90% reduction by 2020’
  3. 3. In detail: Asset transfer Long lease Establishment of a charity Endowment Non Government model No Government funding Well established in leisure A growing model for parks Fund and forget?
  4. 4.  £12-15m Over 10,000 acres Millions of visits £100m+ asset base
  5. 5. Nene ParkStretches for 6 milesalong the valley of theriver Nene to the west ofPeterboroughand covering an area of1750 acres
  6. 6. Nene Park Trust Aim:“to provide for the recreation of the public by the provision of a park for the benefit of the inhabitants of Peterborough and visitors with the object of improving the conditions of life for such persons.”
  7. 7. Tenants and licensees
  8. 8. Self sufficiency: £1.6m expenditure £660k from rental income £920k from investment income £120k from trading income
  9. 9. Trust Board of Management
  10. 10. Looking forward with confidence
  11. 11. Recent news:
  12. 12. Coming soon...
  13. 13. Coming soon...
  14. 14. Coming soon...
  15. 15. In Summary: never again? Political will Giving up control Realistic endowment Brave thinking needed? Business sense and skills required NOT a quick fix But...now is the time?
  16. 16. But... Long term Secure Innovation- staff and Board Sole purpose Agile and independent High quality Transparent Good governance

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