Councils Make Half a Billion Pounds Profit from Parking


Saturday, 21 July 2012 10:38


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‘Authorities in England and Wales saw their surplus from parking rise to £511.6  million in 2010-11 from £489.4 million a year earlier, according to an analysis of local authority accounts by the RAC Foundation.

Local authorities were warned by Mike Penning, the road safety minister, last year to stop treating motorists as an easy target to raise funds. Town halls are supposed to use their powers to control parking to improve traffic flow and prevent gridlock on their streets.

They are prohibited from using these powers to bolster their income. However, many councils seek to get round this by earmarking the cash raised for other transport projects.’

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Councils Make Half a Billion Pounds Profit from Parking


Saturday, 21 July 2012 10:38


Share

‘Authorities in England and Wales saw their surplus from parking rise to £511.6  million in 2010-11 from £489.4 million a year earlier, according to an analysis of local authority accounts by the RAC Foundation.

Local authorities were warned by Mike Penning, the road safety minister, last year to stop treating motorists as an easy target to raise funds. Town halls are supposed to use their powers to control parking to improve traffic flow and prevent gridlock on their streets.

They are prohibited from using these powers to bolster their income. However, many councils seek to get round this by earmarking the cash raised for other transport projects.’

Read more: Councils Make Half a Billion Pounds Profit from Parking

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

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