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Annual Parking Revenues
Parking Revenues at Southlake for 2015-16 fiscal year were as follows:

Gross Revenues $5,555,975
Total Expenses $1,362,401
Debt Repayment $2,200,000*
Net Revenues $1,993,574

Parking revenues are used to support hospital operations and equipment replacement.

*Hospitals are responsible for all costs related to parking facilities, including construction and maintenance. The Ministry of Health and Long-Term Care does not provide any financial support for parking lots and structures. Southlake borrowed the funds to construct the parking garage at the corner of Davis Drive and Prospect Street and pays down a portion of that debt each year.
Southlake Regional Health Centre
596 Davis Drive, Newmarket, Ontario   L3Y 2P9
Tel: 905-895-4521   |   TTY: 905-952-3062
Copyright © 2012 Southlake Regional Health Centre
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