Hamilton Health Sciences
Fiscal 2016
Parking Revenues and Expenses
|
(in millions of dollars) Parking Revenues Received: |
|
|
Total parking revenue |
$14.8M |
|
Parking Expenses: |
|
|
Parking Operations & Maintenance |
3.4 |
|
Parking Capital Improvements |
1.5 |
|
Patient Capital Equipment |
.4 |
|
Debt Service Cost |
.7 |
|
Total parking expense |
$6.0M |
|
Net parking surplus |
$8.8M |
The resultant parking surplus after expenses and debt servicing costs is spent on hospital operations and purchasing medical equipment.