Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Borrowing to pay for parking

PARKING

28 October 2016

 

Councillors in Cornwall have agreed to use prudential borrowing for a programme of parking measures because no capital funding is available. The borrowing will be repaid with revenue from new parking charges.

Cornwall Council commissioned a town parking review in July 2015, aiming to ensure that the wider transport strategies for Cornwall’s towns included a parking management policy. Currently there is no single point of reference for parking policy and a number of historic policies and...

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