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.