By Emily Pearce
Friday, July 30, 2010
MORE than £4million was netted by the Isle of Wight Council in parking charges and fines during the last financial year, it has been revealed.
Ticket machines made more than £2.3million for the authority, parking permits around £980,000 and penalty charge notices , or fines, around £750,000.
The net income after expenditure, including staff and administrative costs, was almost £2.5million, around £40,000 of which was from fines.
A review of parking income and permits will be debated by the cabinet in September.
Reporter: emilyp@iwcpmail.co.uk
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