Annual Parking Report 2020 to 2021
Financial Information
Income from on-street parking charges and on and off-street penalty charge notices must be used to meet the cost of the provision and maintenance by the local authority of on and off-street parking accommodation in their area under the Traffic Management Act 2004.
In line with best practice, the Council has operated the parking service including income from off-street charging car parks in Stockton Town Centre on a self-financing basis with a slight operating surplus to contribute to the cost of parking improvements and support for non-commercial bus services. The figures below show the income and expenditure to the Parking account for 2020 to 2021.
Income to the Parking account for 2020 to 2021
Category | Summary of amount |
---|---|
PCN Income | £59,685 |
Off-Street Parking | £74,721 |
On-Street Charges | £54,538 |
Blue Badge | £32,330 |
Staff Permit Scheme | £46 |
Other Fees and Charges | £65,667 |
Income total summary is £286,987.
Expenditure to the Parking account for 2020 to 2021
Category | Summary of amount |
---|---|
Employees | -£143,085 |
Premises | -£124,998 |
Transport | -£488 |
Supplies & Services | -£89,384 |
Other Payments | -£0 |
Blue Badge | -£22,676 |
Expenditure total summary is -£380,631.
The grand total of both income and expenditure is -£93,644.
Use Of Surpluses
Due to the Covid-19 pandemic parking income was reduced significantly and there was an overall deficit of £93,644. This was a result of staff permit charges being paused as staff worked from home, free parking being introduced during the initial lockdown period and a reduction in PCN's issued.