<p>Council has prepared a long-term financial plan that assesses how feasible and effective it would be to raise user charges to fund service shortfalls.</p> <p>Council has already assumed increases in variable income in its financial modelling. We’ve assumed increased income from parking services, asset sales, developer contributions, property rents, grants and investments.</p> <p>Further increases in variable income could come from raising parking fees and fines but these increases would need to be very steep to cover the shortfalls. For example, either the number of parking fines issued per year would need to increase dramatically or parking fees at least triple if not quadruple, just to make up the shortfall to continue funding existing services. Fines and fees would both need to increase at these levels to cover existing <em>and</em> enhanced services.</p>