A pay & display car park is only financially viable if it contains at least 20 spaces. The few remaining reserved spaces will act as a positive incentive to encourage car-sharing and cater for the significant number of staff who drive to work every day and are likely to continue to do so in the future.
|
1998/1999 |
1998/1999 |
1998/1999 |
1998/1999 |
---|---|---|---|---|
Income |
57 |
320 |
358 |
418 |
|
||||
Expenditure |
||||
Captial |
0 |
122 |
44 |
44 |
Recurrent |
93 |
158 |
189 |
194 |
Shuttle Bus |
- |
52 |
62 |
63 |
|
||||
Total expenditure |
93 |
331 |
296 |
301 |
Surplus /(Deficit) |
(36) |
(12) |
62 |
116 |
The table below shows the income and expenditure account for the scheme if all car parks were converted to a pay & display regime. The scheme would cost in excess of £100,000 to set up compared to the recommended scheme, with the additional expenditure on pay & display equipment. Over the three year period (1999-2002), the scheme would produce a £19,000 deficit, leaving the University little better off than the current situation.
|
1998/1999 |
1998/1999 |
1998/1999 |
1998/1999 |
---|---|---|---|---|
Income |
57 |
293 |
345 |
408 |
|
||||
Expenditure |
||||
Captial |
- |
215 |
44 |
44 |
Recurrent |
93 |
172 |
204 |
209 |
Shuttle Bus |
- |
52 |
62 |
63 |
|
||||
Total expenditure |
93 |
439 |
310 |
316 |
Surplus /(Deficit) |
(36) |
(146) |
35 |
92 |
The table below shows the income and expenditure account for an all reserved permit parking scheme. The scheme would be cheaper to implement than the recommended scheme as no pay and display equipment would need to be purchased or maintained. Over the three year period (1999-2002), the scheme would produce a £357,000 surplus for the University, £192,000 more than the recommended scheme. Despite the substantially larger surplus for the University, the Working Group has not recommended an all reserved car parking scheme, for the reasons listed below.
|
1998/1999 |
1998/1999 |
1998/1999 |
1998/1999 |
---|---|---|---|---|
Income |
57 |
374 |
374 |
417 |
|
||||
Expenditure |
||||
Captial |
- |
69 |
44 |
44 |
Recurrent |
93 |
135 |
167 |
172 |
Shuttle Bus |
- |
52 |
62 |
63 |
|
||||
Total expenditure |
93 |
256 |
274 |
279 |
Surplus /(Deficit) |
(36) |
(118) |
101 |
138 |