Editing Environment Agency (section)

===Finance===
The agency is funded in part from the UK government [[Department for Environment, Food and Rural Affairs]] (DEFRA). Additional money is raised from the issuing of licences and permits such as abstraction licences, waste handler registrations, navigation rights and rod (fishing) licences.

Funding for [[Infrastructure asset management|asset management]] and improvement and acquisition of [[flood risk management]] assets has traditionally come from local authorities via flood defence committees. This was then effectively repaid by [[Her Majesty's Government|central government]] in later years as part of the Formula Spending Share. In 2005 this was simplified by making a direct transfer from Treasury to the Environment Agency in the form of flood defence [[grant-in-aid]].

The Environment Agency's total funding in 2007–08 was £1,025 million, an increase of £23 million on 2006–07. Of that total, £629 million (61 per cent) was provided in the form of 'flood defence grant-in-aid' from government (£578 million for England and £50 million for Wales). In addition, £347 million (34 per cent) was raised through statutory charging schemes and flood defence levies; and a further £50 million (5 per cent) came from other miscellaneous sources.<ref name="0607_AnnualReport" /><ref name="0708_AnnualReport" />

In 2007–08 had an operational budget of £1.025 billion, of which £628m was grant from the agency's sponsoring government departments. Approximately half the agency's expenditure is on flood risk management, and a third is spent on environment protection (pollution control). Of the remainder, 12% goes to [[water resources]], and 6% to other water functions including navigation and wildlife.<ref name="0607_AnnualReport">{{cite web|url=http://www.environment-agency.gov.uk/commondata/acrobat/annrep0607_e_1441788.pdf |title=2006–07 Annual Report |publisher=Environment Agency |access-date=15 November 2008 |url-status=dead |archive-url=https://web.archive.org/web/20081217185142/http://www.environment-agency.gov.uk/commondata/acrobat/annrep0607_e_1441788.pdf |archive-date=17 December 2008 }}</ref><ref name="0708_AnnualReport">{{cite web|url=http://publications.environment-agency.gov.uk/pdf/GEHO0708BOFC-e-e.pdf|title=2007–08 Annual Report|publisher=Environment Agency|access-date=15 November 2008|url-status=dead|archive-url=https://web.archive.org/web/20081217185143/http://publications.environment-agency.gov.uk/pdf/GEHO0708BOFC-e-e.pdf|archive-date=17 December 2008}}</ref>