William Eichler 17 November 2016

Welsh councils report £14m profit on parking activities

Welsh councils report £14m profit on parking activities image

Local authorities in Wales made a profit of nearly £14m on their parking activities in the last financial year.

According to the RAC Foundation, the 22 Welsh councils recorded a combined parking income of £35.8m in 2015-16—a rise of 5.6% on the previous financial year.

In 2014-15, the councils made a £12.1m profit, which means this year has seen a 14% increase in the profit to £14m.

There was also a slight increase (0.9%) in the total expenditure on running parking activities. Overall, this cost £22m this year.

The rise in profit—or surplus—is the third annual increase in a row and a 60% rise on the figure for 2012-13 (£8.6m).

The biggest ‘profit’ was made by Cardiff (£3.5m), followed by Swansea (£2.4m) and then Gwynedd (£1.4m).

Three councils reported losses on their parking activities: Flintshire (£423,000), Blaenau Gwent (£310,000) and Torfaen (£81,000).

The most ‘efficient’ council was Monmouthshire where the ratio of income (£1.42m) to expenditure (£490,000) was 2.9.

Steve Gooding, director of the RAC Foundation, emphasised the importance of reinvesting the increased profit into transport.

‘It is important that the surplus is ploughed back into transport projects – there are plenty on Welsh motorists’ wish-lists, not least the ongoing campaign to tackle potholes,’ he said.

‘Some cash could also go towards providing and maintaining off-street car parks, so that they are seen by drivers as a safe and convenient alternative to finding space at the kerbside. 

‘While we don’t want our towns and cities dominated by the car, we must remember how dependent many people still are on them.

‘In several areas of Wales – including Blaenau Gwent, Neath Port Talbot and Torfaen – more than 80% of those in employment rely on the car to get to work, some of the highest proportions in Britain.’

SIGN UP
For your free daily news bulletin
Highways jobs

Social Worker - Early Interventions

Essex County Council
£32065 - £43839 per annum
Social Worker - Early Interventions Permanent, Full Time £32,065 - £43,839 per annum Location
Recuriter: Essex County Council

Social Worker - Local Linked Support Team

Essex County Council
£32065 - £43839 per annum
This is a full time fixed term contract for 12 month or a 12 month Secondment.About the RoleThis is a community-based role within the Harlow area. You England, Essex, Epping
Recuriter: Essex County Council

Property and Projects Lawyer

Brent Council
£43,860 - £49,827 p.a. inc.(pro rata)
The successful candidate will have the opportunity to supervise junior staff and deputise in the absence of the Senior Property Lawyer. Wembley, London (Greater)
Recuriter: Brent Council

Business Support Officer

Camden London Borough Council
£29,359
We have recently changed the way that we work so that we are more responsive to... Camden, London (Greater)
Recuriter: Camden London Borough Council

Accountancy and Business Change Manager

Royal Borough of Greenwich
£49.827 - £52.866
An opportunity has arisen within our Accountancy Business Partnership Service for an Accountancy Business Change Manager. Reporting Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue