During this year, finances were several impacted by Covid-19. In order to balance the Parking Account, recharges within the Department were required. Any surplus generated by parking fees and charges is spent on the provision of public transport services or on road, air quality or environmental improvements.
Parking Services Accounts 2020/21
| Total Expenditure | £5,084,831.01 |
|---|---|
| Total Income | £5,448,135.10 |
| Net Deficit | -£363,303.57 |
Parking Services Accounts Breakdown 2020/21
| Off Street | |
|---|---|
| Expenditure | £2,254,447.39 |
| Transfer to Highways | £0.00 |
| Income (Parking Charges) | £1,759,362.86 |
| Income (Penalty Charge Notice) | £115,510.40 |
| Income Other (including balancing off income) | £379,574.13 |
| Final Net Position Off-Street | £0.00 |
| On Street | |
|---|---|
| Expenditure | £3,193,688.19 |
| Transfer to Highways | £29,734.90 |
| Income (Parking Charges) | £1,124,742.53 |
| Income (Penalty Charge Notice) | £1,039,593.62 |
| Income (Permits – Residents & Business) | £919,096.60 |
| Income Other (including balancing off income) | £139,990.34 |
| Final Net Position On-Street | £0.00 |
* Please note - all figures are net of VAT