Our expenses

The agency's funds are allocated to four main kinds of expenses :

• Land action makes up the most of the agency's expenses (over the years, between 50 and 66% of operating expenditures). Operating expenditures are distributed on two items:
  • Real estate purchase expenses: they cover all of the expenses related to the negotiation and purchase (preliminary surveys, various diagnoses, property price, compensation of tenants, attorney fees...)
  • Land ownership expenses: these are the expenses incurred by the EPF as an owner. The EPF has to ensure the security of both persons and the purchased assets (insurance and physical securing through walling, surveillance by qualified companies, stabilisation...). It also has to pay land taxes and ensure the cleanliness of sites open to the public.
• Rehabilitation works engender 20 to 40% of the EPF's total expenses. If a community requests it, the EPF redevelops sites to turn the purchased property into land assets ready for use. Redevelopment works, often preceded by in-depth environmental surveys, include demolition, earthworks, pollution cleanup, waste treatment.
• Personal expenses make up about 5% of expenses.
• Other expenses are related to organisational costs, the costs of surveys or services not budgeted for a specific operation but concerning the agency's general activity, financial costs, loan repayment and investment expenses.