Mr Moneybags:

Isle of Wight car parkers overpaid £186,706.35 between 2011-13

If you paid for car parking on the Isle of Wight between 2011 and 2013 and didn’t have the exact change, you may’ve contributed to the council earning an extra £186,706.35.

These are the remarkable numbers discovered by the BBC’s Jessica Parker, who shared the results of her Freedom of Information request with OnTheWight today.

As Islanders will know well, the parking meters on the Isle of Wight do not give change, if cash is paid.

Seeking for the positives, you might think that it’s been a bonus to the council to balance out the cuts in funding that the Government have been hoisting on councils across the UK.

The amounts in detail
Let’s take a closer look at those amounts.

That works out to be an average of over £60,000 overpaid, or ‘over-vended’, a year. Broken down further, the council was earning an extra £1,196.84 a week from people not having the right change.

OnTheWight has scanned the council’s last yearly annual report (where it details the £3,938,786 the council earned from parking 2012-13) and could find no any reference to over-payment or over-vending.

The detail

Year Overpayment
2011 £66,792.60
2012 £60,519.30
2013 £59,394.45
Total £186,706.35

Tony Hirst’s examination of Yarmouth data
Isle of Wight-based Open-data wizard, Tony Hirst, has been researching this on the Island for a while.

He gained the detail of how much was spent at the main car park in Yarmouth and had produced this amazing analysis (they’re held in a technical notebook, so examination is thick with detail) including which hours are the most busy on which days.

How to avoid it
If you don’t want to be over-paying for your parking – remember this was before the council decided to put the prices up and removed 24 previously-free car parks from gratis use – you’ve got a few options.

The most obvious is carry spare change in the car – well, if we all did that, we wouldn’t be over paying in the first place.
Pay By Phone has been an option since December 2011, although there have been questions raised about it. This also attracts a cost, as does the debit card option available at some parking locations.

Article edits: ‘extra £1,196.84 a month’ changed to ‘a week’. Added caveat to link to Tony’s technical notebook.

Image: aisle22 under CC BY 2.0