Wyre Forest DC | Financial Strategy 2012:15 | Carparking Extracts

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Information about Wyre Forest DC | Financial Strategy 2012:15 | Carparking Extracts

Published on September 24, 2012

Author: stayingalive

Source: slideshare.net

Description

Further investigation into car park charges increases in the Wyre Forest area, the document summarises some of the pages out of the financial strategy document 2012:15.

Review of the WFDC Financial Strategy 2012/2015 - Documents relating to car park charges/revenue Wyre Forest District Council Financial Strategy 2012/2015 Car parking ChargesMichael de Groot | @stayingaliveuk ! Page 1

Review of the WFDC Financial Strategy 2012/2015 - Documents relating to car park charges/revenueComment: The above item suggests an increase of 5%, although some of the parkingcharges increases were way above that with some as much as 25%. Interesting that noincreases are planned for future years, so why was this one needed? Furthermore inflationbased on RPI dropped in August to 2.5%, so why is a 5% increase needed? To know theaccurate level of increase we need to know the actual revenue from 2011/12 vs anticipatedincome for 2012/13Comment: I am not 100% sure what these figures illustrate, but I believe the figure inbrackets is revenue for the council. £674,400 expected for the next financial year. £15kmore than 2011/12. And a reduction in future years?Michael de Groot | @stayingaliveuk ! Page 2

Review of the WFDC Financial Strategy 2012/2015 - Documents relating to car park charges/revenueComment: Some fantastic ideals on this chart, especially "help me with my financialsituation". Obviously someone forgot to look at this chart when increasing the car parkcharges.Michael de Groot | @stayingaliveuk ! Page 3

Review of the WFDC Financial Strategy 2012/2015 - Documents relating to car park charges/revenueComment: Another great chart and I love that car park income is classified as low risk andhigh impact. I guess that means that most people pay and if they dont, they get a ticket,which means they pay even more. And when putting up prices we have no option but topay. OK understand why its low risk. And its kind of guaranteed income, so its a greatoption to increase, because as they say its low risk!Michael de Groot | @stayingaliveuk ! Page 4

Review of the WFDC Financial Strategy 2012/2015 - Documents relating to car park charges/revenueComment: Welcome to your council... and our nice shiny new building, a big thank you toour generous residents!Michael de Groot | @stayingaliveuk ! Page 5

Review of the WFDC Financial Strategy 2012/2015 - Documents relating to car park charges/revenueMichael de Groot | @stayingaliveuk ! Page 6

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