William Eichler 27 November 2017

Councils make record £819m parking profit

English councils made a record £819m from their parking operations in the last financial year, a new RAC report finds.

The 2016-17 figure is 10% higher than the £744m made in the previous financial year and is £37m above what councils forecast for last year.

The RAC Foundation report found most councils made a profit on their parking operations.

The largest surpluses were seen in London with the 33 London boroughs making £379m between them – 46% of the English total.

Westminster had the largest surplus in England at £73.2m, up 31% on the previous year. Kensington & Chelsea came second with £32.2m (down 6%) and Camden with £26.8m (up 6%).  

The biggest profits outside of London were reported by Brighton & Hove (£21.2m), and Milton Keynes and Birmingham (£11.1m each).

Around 13% of councils reported making a loss.

‘The upward path in profits is in part a reflection of the record number of cars and volume of traffic,’ said Steve Gooding, director of the RAC Foundation.

‘The silver lining for drivers is that these surpluses must almost exclusively be ploughed back into transport and as any motorist will tell you there is no shortage of work to be done.

‘We welcome the fact that councils are increasingly investing in technology to help make parking easier and less stressful.’

‘We urge motorists to take the time to read their own local authority’s parking report so they can see both the rationale for charges in their area and how the surplus is being spent,’ he added.

Responding to the report, Cllr Martin Tett, the Local Government Association’s (LGA) Transport spokesman said: ‘As the RAC Foundation highlights, income raised through on-street parking charges is spent on running parking services and any surplus is only spent on essential transport projects, such as tackling our national £12bn roads repair backlog and creating new parking spaces.

‘Councils are on the side of motorists but have to try and strike a balance when setting parking charges to ensure there are spaces available for everyone at all times of the day and they can keep traffic moving.

‘They help not only keep the roads clear but keeps pedestrians, motorists and cyclists safe and ensures people can park near their homes and local shops.’

SIGN UP
For your free daily news bulletin
Highways jobs

Managing Director

Cheshire West Recycling
Circa £115,000 (subject to negotiation) plus benefits
Cheshire West Recycling is a wholly owned company of Cheshire West and Chester Council, operating with a clear social and environmental purpose. Chester, Cheshire
Recuriter: Cheshire West Recycling

Head of Adoption Fostering Kinship

Essex County Council
Up to £0.0000 per annum
Head of Adoption Fostering KinshipPermanent, Full Time£73,883 to £86,921 per annum Location
Recuriter: Essex County Council

Repairs & Maintenance Officer

Sandwell Metropolitan Borough Council
Band E, SCP 18 - 25 (£31,537 - £36,363) per annum
Sandwell Metropolitan Borough Council’s Urban Design & Building Services team Sandwell, West Midlands
Recuriter: Sandwell Metropolitan Borough Council

Tenant Engagement Officer

Sandwell Metropolitan Borough Council
Band F, SCP 26-31 (£37,280- £41,771 per annum)
Sandwell Council has established and continues to develop tenant engagement and the opportunities to shape Housing Services Sandwell, West Midlands
Recuriter: Sandwell Metropolitan Borough Council

General Assistant - Meals on Wheels

Sandwell Metropolitan Borough Council
Band A, SCP 2 (£24,413) per annum, Pro Rata
Responsible for assisting in the preparation and serving of quality meals in hygienic conditions. Sandwell, West Midlands
Recuriter: Sandwell Metropolitan Borough Council
Linkedin Banner