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 2023/24
| Total Expenditure | £6,164,965.33 |
|---|---|
| Total Income | £11,132,460.29 |
| Net Surplus | £4,967,494.96 |
Parking Services Accounts Breakdown 2023/24
| Off Street | |
|---|---|
| Expenditure | £2,529,404.42 |
| Transfer to Highways | £2,482,207.63 |
| Income (Parking Charges) | £4,513,190.99 |
| Income (Penalty Charge Notice) | £404,816.20 |
| Income (Other) | £93,604.86 |
| Final Net Position Off-Street | £0.00 |
| On Street | |
|---|---|
| Expenditure | £3,635,560.91 |
| Transfer to Highways | £2,485,287.33 |
| Income (Parking Charges) | £3,091,888.76 |
| Income (Penalty Charge Notice) | £1,619,720.78 |
| Income (Permits – Residents & Business) | £1,366,766.00 |
| Income (Other) | £42,472.70 |
| Final Net Position On-Street | £0.00 |
* Please note - all figures are net of VAT