The Parking Trading Account is self-financing. 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 2021/22
| Total Expenditure | £5,286,874.59 |
|---|---|
| Total Income | £8,259,194.83 |
| Net Surplus (Transfer to Highways) | £2,972,320,24 |
Parking Services Accounts Breakdown 2021/22
| Off Street | |
|---|---|
| Expenditure | £2,299,352.29 |
| Transfer to Highways | £1,505,903.73 |
| Income (Parking Charges) | £3,496,746.97 |
| Income (Penalty Charge Notice) | £229,060.47 |
| Income (Other) | £79,448.58 |
| Final Net Position Off-Street | £0.00 |
| On Street | |
|---|---|
| Expenditure | £2,987,522.30 |
| Transfer to Highways | £1,466,416.51 |
| Income (Parking Charges) | £2,007,302.39 |
| Income (Penalty Charge Notice) | £1,298,009.31 |
| Income (Permits – Residents & Business) | £1,074,939.10 |
| Income (Other) | £73,688.01 |
| Final Net Position On-Street | £0.00 |
* Please note - all figures are net of VAT