Annual Parking Report 2019 to 2020
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 2019 to 2020.
Use Of Surpluses
The net surplus in the parking account in 2019 to 2020 was £306,763 and contributes towards:
- back office upgrade for PCN case management
- upgrades to the card readers in Yarm
- internal upgrades on the machines
- removal of redundant infrastructure poles in car parks
Income
Category | Sum of Amount |
---|---|
PCN Income | £108,093 |
Off-Street Parking | £214,114 |
On-Street Charges | £186,721 |
Blue Badge | £54,163 |
Staff Permit Scheme | £114,094 |
Other Fees & Charges | £16,998 |
Income Sum = £694,183
Expenditure
Category | Sum of Amount |
---|---|
Employees | -£121,216 |
Premises | -£113,649 |
Transport | -£879 |
Supplies & Services | -£109,987 |
Other Payments | -£9,234 |
Blue Badge | -£32,455 |
Expenditure Sum = -£387,420
Grand Total Income and Expenditure = £306,763