Introduction to GrantBudgeter
Welcome to GrantBudgeter, a financial planning tool designed to help landowners and farmers estimate potential income, costs, and timing associated with woodland creation projects under the England Woodland Creation Offer (EWCO). This tool provides financial insights based on county-level probability models, considering factors such as soil type, landscape, and tree species suitability.
How GrantBudgeter Works
GrantBudgeter utilizes Geographic Information System (GIS) analysis combined with county-specific data and probability models to estimate financial outcomes. The tool evaluates key income sources and costs associated with woodland projects.
Data Sources
GrantBudgeter derives its estimates from:
- EWCO Funding: Based on official EWCO guidelines.
- Carbon Income: Derived from the UK Woodland Carbon Code and current carbon credit prices.
- Woodland Design: Based on EWCO criteria and recommendations from the Ecological Site Classification tool (Forest Research).
- Timber Income: Market data and timber yield predictions from the Forest Yield model (Forest Research).
- Cost Estimates: Standard cost estimates sourced from forestry planning resources, including The Agricultural Budgeting and Costing Book (Agro Business Consultants, May 2024).
