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rethinking parks
                                                James McCulloch
                                         Chief Executive, Nene Park Trust
                   World Commissioner (UK) and Europe Chair-Elect, IFPRA

                                                                 July 2012
What's 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’
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?
   £12-15m
   Over 10,000 acres
   Millions of visits
   £100m+ asset base
Nene Park
Stretches for 6 miles
along the valley of the
river Nene to the west of
Peterborough
and covering an area of
1750 acres
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.”
Tenants and licensees
Self sufficiency:
   £1.6m expenditure
   £660k from rental income
   £920k from investment income
   £120k from trading income
Trust Board of Management
Looking forward with confidence
Recent news:
Coming soon...
Coming soon...
Coming soon...
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?
But...
   Long term
   Secure
   Innovation- staff and Board
   Sole purpose
   Agile and independent
   High quality
   Transparent
   Good governance
James McCulloch Rethinking Parks presentation
James McCulloch Rethinking Parks presentation
James McCulloch Rethinking Parks presentation

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James McCulloch Rethinking Parks presentation

  • 1. rethinking parks James McCulloch Chief Executive, Nene Park Trust World Commissioner (UK) and Europe Chair-Elect, IFPRA July 2012
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  • 5. What's 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’
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  • 8. 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?
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  • 13. £12-15m  Over 10,000 acres  Millions of visits  £100m+ asset base
  • 14. Nene Park Stretches for 6 miles along the valley of the river Nene to the west of Peterborough and covering an area of 1750 acres
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  • 17. 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.”
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  • 21. Self sufficiency:  £1.6m expenditure  £660k from rental income  £920k from investment income  £120k from trading income
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  • 23. Trust Board of Management
  • 24. Looking forward with confidence
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  • 32. 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?
  • 33. But...  Long term  Secure  Innovation- staff and Board  Sole purpose  Agile and independent  High quality  Transparent  Good governance