Prince Charles' cost to British taxpayer falls by almost 50 percent
{{#rendered}} {{/rendered}}
Prince Charles' funding from the British taxpayer fell by almost 50 percent during the last financial year.
The prince's annual accounts showed Friday that his income from the government and a royal grant was 1.1 million pounds ($1.68 million) in the year to March 31, down from 2.1 million pounds a year earlier.
The decrease is largely due to lower travel costs as countries the prince visited often picked up the bill.
{{#rendered}} {{/rendered}}
Travel spending fell by 49 percent despite the prince attending 657 official engagements, 154 of them overseas.
Charles receives most of his income from properties and investments on his 136,000-acre (55,000-hectare) Duchy of Cornwall estate. That income rose 4 percent to 19 million pounds, and Charles paid more than 4.4 million pounds in tax.