This does not include the €125,057.73 revenue from parking meters from September 2015 to August 2016. The permits were introduced last year to "to ensure that car parking is only used by members of the University community and as a means of controlling demand" according to UCD commuting services.

Profits from the permits are expected to go towards implementation of UCD's Travel Plan 2016-2021-2026. The announcement comes as student services have seen a number of cuts in the previous years. This includes cuts to funding of the Library, scholarships and increased pressure on counselling services.

The amount is a substantial increase over the amount made in the previous three years, which increased from €94,959.31 earned in 2014-2015. This amount was reduced from €97,279.09 in 2013-2014 and €113,218.99 in 2012-2013. Before the introduction of permits, all profit made from parking came from parking meters.

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