The income and expenditure account outlined in Appendix F is based on the following charging regime:
Type of car park in the main precinct |
1999/2000 |
2000/2001 |
2002/2002 |
2002/2003 |
2003/2004 |
---|---|---|---|---|---|
Pay & Display charge (in £(s) per day)* |
1 |
1.5 |
2 |
2 |
Review |
Reserved parking permit (in £(s) per annum) |
400 |
400 |
500 |
500 |
Review |
Exclusion zone from central precinct (miles) |
2 |
2 |
2 |
2 |
2 |
The current reserved permit cost 0.18% + VAT of a permit holder's salary, with a minimum charge of £29. The average charge is £50. This scheme is favoured as it ensures that lower paid or part time staff pay a lower contribution compared to those on higher salaries. It has been suggested that instead of £400 for a reserved parking permit the charge should be 1% of salary. This report does not recommend this option for a number of reasons.
If a percentage system was introduced it would be cheaper for a lower paid member of staff to buy a reserved permit than to use a pay & display car park. This goes against the important principle that it should be cheaper to use a pay & display car park than a reserved one. Pay & display has to be the same cost to all users, hence with a percentage system it will either be cheaper for lower paid staff to use a reserved permit or the minimum cost of reserved permit has to be greater than £230 (the cost of using pay & display for a whole year).
The University leases parking spaces at Clifton Down railway station at £225 per space, which is likely to increase to £350 per space when the lease is renewed this year. Similarly parking spaces in Merchant Venturers Building are let to commercial tenants at £1410 per annum compared to on average £50 for University staff to purchase a permit for either of these car parks.