Parking accounts 2017 to 2018
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 of on-street parking please view Lancashire county council parking.
| Section 55 Parking Account | 2017/18 |
| £ | |
| Income | |
| Off Street Parking Fines (PCN's) | (30,316) |
| Total Income | (30,316) |
| Expenditure | |
| Enforcement and Processing | 27,167 |
| Support Services | 6,454 |
| Total Expenditure | 33,622 |
| (Surplus) / Deficit | 3,306 |
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.
| Parking account | 2017/18 |
| £ | |
| 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 | |
| Premises | 61,747 |
| Supplies and Services | 34,516 |
| Transfer Payments | 1,677 |
| Support Services | 21,032 |
| Total Expenditure | 118,972 |
| (Surplus) / Deficit | (48,958) |
The parking account made a deficit of £43,761 in 2016 to 2017 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.
Section 55 of the Road Traffic Regulation Act (1984) allows for a number of areas which car parking income can fund. This includes, but is not limited to, public passenger transport services, highways, road and environmental improvements including works to open spaces and the provision of outdoor recreational facilities.