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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

CategorySummary 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.

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