High Level Revenue and Capital Budget Monitoring Report 2012 ...

DepartmentalDivisionParking BaySuspensionTowaways /RemovalsVariance£000s(438)493Expenditure (509)Total 183Explanation & Action PlansA continued high level of income from parking baysuspensions means they are forecast to be better thanbudget. This is due to an increase in price in 2010 and anincrease in the volume of suspensions.A 45% reduction in the volume of vehicles being towed, ascompared to the same period last year, has resulted in aforecast of £493k less than budget. The use of tow-awayhas been greatly reduced as a matter of policy (as it isincreasingly difficult to justify) with members’ agreement.The forecast spend on cash collection and removals is£145k more than budget, offset by an underspend due tovacancies in parking enforcement and office posts.CCTV enforcement posts are not expected to be filled untilOctober, but the full year’s budget has been madeavailable.