Further details

 

Off Street Parking 2023 - 24

Income:
Fees / charges £1,071,067
Penalty charge notices £154,861
Total Income £1,171,928
Expenditure:
Non Domestic Rates £142,717
Depreciation £120,214
Staffing Costs £218,720
Rent £29,600
Cleaning, maintenance & repairs £14,747
Banking Costs £4,992
Overheads recharged £26,220
Other misc expenditure £4,244
Income Handling Fees £95,637
Total Expenditure £657,092
Returned to General Fund
Returned to General Fund £514,836

The income generated from car parks forms part of the council's fees and charges, which together with council tax, business rates, and government grants combine to provide the funding necessary to pay for the services that the council provides.

On Street Parking 2023 - 24

Income:
Fees / charges £289,348
Penalty charge notices £464,582
Total Income £753,930
Expenditure:
Staffing Costs £260,101
Overheads recharged £246,322
Amortisation £8,026
Equipment, Maintenance & Materials £123,852
Legal Expenses and Costs of Collection £57,856
Total Expenditure £696,156
Transfer to Earmarked Decriminalisation Reserve £57,774
Net Income/Expenditure 2022/23
Net Income/Expenditure £0