Guide Annual Information

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1. Financial information

Please see below the financial information for the year 2023/24 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 Off Street car parks. Please note this account is reported ‘Net’ after deduction of 20% VAT from all qualifying income and expenditure.

Expenditure

(1,730,323)

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

58,696

Deficit

(1,671,626)

Off Street “pay and display” revenue

3,627,545

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

1,078,467

Total (balance to general fund)

3,034,386

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

We manage 5,216 car park spaces. There are 5,051 spaces that require payment and 165 free spaces.

And the following page here; Annual Information - Statistical information - East Devon