Guess how much it’s going to cost the council to start charging at previously free car parks?

OnTheWight asked for details of how much it would cost the council to introduce parking charges in areas where it was previously free. That’s revealed some costs are unknown to IWC.

Cash:

Back on 7th July 2014 the Isle of Wight council’s Executive voted to change what was previously free car parking into places where you will have to pay to park.

OnTheWight has been pursuing the Isle of Wight council to discover how much this will cost to implement and run.

After a week of waiting, OnTheWight re-promoted the council, to finally receive the details.

Three areas of cost
The expenses involved are three-fold – the equipment that will take your money, the costs of collecting the car park fees and the on-going maintenance of the equipment for the full lifetime of the meters.

The council have revealed the new parking meters are ‘approximately £3,000 each’. Eight of them are required, totaling £24,000.

In addition twelve new signs are required at approx. £300 each, coming to £3,600.

Bringing the money the council will have to layout up-front to £27,600.

Cost of collection
The council state that it will not cost any more money for them to collect cash from the new meters as they will be ‘covered by the existing workforces’.

This is despite it being commonly understood that the number of staff in that department have been reduced.

On-going costs? Unknown!
Of course, any new expense in equipment is joined by the cost of maintaining the equipment for the full-lifetime of those items.

So, how much will maintaining conversion of the currently-free-to-use car parks to pay for be, OnTheWight asked.

Guess what? The council doesn’t know. Surprisingly, IWC haven’t worked out how much it’s going to cost (us all), on an on-going basis, into the future.

They admitted that, “Maintenance costs are yet to be finalised” seeking to re-assure by concluding, “they are not expected to significantly impact on the projected car parking revenue”.

Image: © Tax Brackets

Tuesday, 19th August, 2014 7:27pm

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Filed under: Island-wide, Isle of Wight Council, Isle of Wight News, Top story

Any views or opinions presented in the comments below are solely those of the author and do not represent those of OnTheWight.

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11 Comments on "Guess how much it’s going to cost the council to start charging at previously free car parks?"

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Jane Nash
I live in the area of Ventnor called Longdown, made up of North Street, South Street, East Street and West Street. For most of the year on – street parking is available to those able to get back home early enough. This is not true in the summer, however, when parking is a total free for all, and this is made much worse on Carnival nights. Cars… Read more »
Liz Kingston

So the five free car parks are going to cost £15,000 for the machines and £3000 for the signs. But they are only (according to the council) going to generate £10,000 (if that I say!!). The charges were bought in in Brannon Way in Wootton and only lasted a year or two before they did away with them!! Total waste of money!!!!!!!!!!!

scottydog
Well who’s doing the sums at the Council then ? That’s what i want to know ? Lets say an average of 25 cars use each Car Park per hour (almost certainly an underestimate) at approximately £1 per hour. x 8 Hours ( £200 ) x 7 Days ( £1400 a week ) 20 Weeks will see them ” Pay for themselves ” after that it’s money… Read more »
Old Knobby
The reasoning is probably that they won’t make anything in the first year, given the initial costs, but will in the following years. Whether or not they do remains to be seen though. As I recall, last time they tried it at Puckpool everyone stopped going there so the charges were removed again. As an aside, is there actually any electricity available to run a machine at… Read more »
garageelfin
Changes are coming about to ensure the income stream of the department is able to pay out the salarys of those running them. The true cost is masked as in actual fact little profit is made if any at all. Costs are massaged into other departments and budgets to hide what is really going on. The actions are taken to justify these jobs – no action then… Read more »
Caconym

Actually there are four areas of cost. There is also the cost of enforcing the parking charges. There is no point in putting in those expensive meters if nobody checks that people are actually buying tickets from them.

chalkie
Again, it seems the council are missing a trick here. They need to protect revenues but do something to alienate the majority. I live in London now, and there are a number of Controlled Parking Zones (CPZs) which limit local street parking to prevent people driving to an area to park for free all day, generally in a residential street. For an annual fee you get a… Read more »
meter rita

What is a relatively small sum? They used to charge £50 pa, then £75 pa, now it is £375 a year. Not relatively small sum!

phil jordan
meter rita & chalkie: The cost of the annual island parking permit is £295 (not £375) but you are right, of course, …what is a (relatively) small sum? There is a top up permit making the most expensive permit (24 x 7 any car park) £425. Certainly sounds expensive. However, what this actually means is that a £295 permit allows for parking (long stay car parks) for… Read more »
yjc
Since the anouncement that charging is going ahead at Puckpool a couple of weeks ago I noticed that last week the two car parks in Puckpool Park were less than half full. Being sad I looked at all the registration numbers. Only one car had a HW plate. What does that confirm? That residents have voted with their feet! The playground was not as full as the… Read more »
phil jordan
yjc: Part of my concerns exactly and why I could not support the proposal. What *might* not be obvious just yet is the effect of related and increased ‘on road’ parking in and around that Ryde area and the problems that brings – much as we saw when the parking permit increased to £500 and the whole of Spencer Road (…and its’ side roads) jammed up with… Read more »