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Parking accounts 2017-18

A section 55 Parking Account must be produced each year end and must include 

  • income from on-street parking charges and on-street parking fines and off street fines
  • expenditure on the provision and maintenance of designated parking places and enforcement 

These finances are governed by section 55 (as amended) of the road Traffic Regulation Act 1984

For details on street parking, please consult Lancashire County Council's parking accounts.

Income and expenditure: Section 55
Section 55 Parking Account2017/18
 £
Income 
Off Street Parking Fines (PCN's)(30,316)
  
Total Income(30,316)
  
Expenditure 
Enforcement and Processing27,167
Support Services6,454
  
Total Expenditure33,622
  
(Surplus) / Deficit3,306

 

Additional information


The number of street pay and display parking spaces provided by the council is detailed below:

Pay and display bays: 479

Restricted bays: 1,010

Total number controlled off street parking spaces: 1,489

The local government Transparency Code requires that all local councils must publish their parking account information showing revenue collected from on-street parking, off-street parking and penalty charge notices and associated expenditure. 

For details on street parking, please consult Lancashire County Council's parking accounts.

Income and expenditure: Parking account
Parking account2017/18
 £
Income 
Off-Street Parking Permits(30,408)
Off-Street Parking Fees(107,207)
Off Street Parking Fines (PCN's)(30,316)
  
Total Income(167,930)
  
Expenditure 
Premises61,747
Supplies and Services34,516
Transfer Payments1,677
Support Services21,032
  
Total Expenditure118,972
  
(Surplus) / Deficit(48,958)

 

The parking account made a deficit of £43,761 in 2016-17 mainly due to a reevaluation of car parks. This is offset by a surplus of £48,958 in 2017-18, the net surplus £5,197 is to be reinvested in the service.

 

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