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Please see below the financial information for the year 2017/18 that local authorities are legally required to provide to comply with Part 2 of the Local Government Transparency Code 2014. We only manage and enforce our Off Street car parks. Please note this account is reported ‘Net’ after deduction of 20% VAT from all qualifying income and expenditure.

Expenditure

(1,145,593)

PCN Income (subject to section 55 of the Road Traffic Act)

52,670

Deficit:

(1,092,923)

Off Street “pay and display” revenue

2,671,911

Other Off Street revenue (permits, pay by phone, rentals etc)

639,880

Total (balance to general fund)

2,218,868

The surplus to the general fund is used to help support other council services.

We manage 5,106 car park spaces. There are 4,955 spaces that require payment and 151 free spaces.