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North Essex Parking Partnership expects £145K surplus in 2025, above forecast, due to higher permit and fine income.
The North Essex Parking Partnership, which manages parking enforcement in six Essex towns, is projected to end the 2025 financial year with a £145,752 surplus—£81,159 above forecast—driven by higher income from parking permits and penalty charge notices.
Reserves are expected to rise to £224,734 by March 2026.
Despite increased staff costs and supply expenses, revenue growth offset these pressures.
Officials emphasized ongoing fiscal responsibility to prevent future financial strain.
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North Essex Parking Partnership espera un superávit de £145K en 2025, por encima de las previsiones, debido a los permisos más altos y a los buenos ingresos.