Figures revealed in Tynwald this morning
The Department of Infrastructure has confirmed the Liverpool Ferry Terminal is costing the public purse more than £710,000 each year.
That figure is expected to rise with inflation, while additional service charges are forecast to increase in line with UK RPI.
Part of the annual cost includes a contingency fund for unforeseen circumstances.
Departmental member Lawrie Hooper says a lease agreement has still not been finalised:
500% increase in immigration arrests on the Isle of Man
Due to targeted activity rather than increased criminality
More taxpayers' cash could be spent on 'cleaner heating'
DEFA seeking Tynwald approval for new scheme
RAF veteran says assisting blind climber will be 'massive honour'
Gary helping guide 87-year-old up Ben Nevis
Financial leaders from small countries visiting Island
Delegates from 25 small nations attending seven-day event