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Councils record £930m surplus on parking account

22 November 2019
 

Councils in England made a £930m surplus from parking activities in 2018/19, according to the RAC Foundation, seven per cent up on the previous year’s £867m and 41 per cent more than the £658m recorded in 2013/14.

The 353 local authorities received £1.746bn from on- and off-street parking, including £454m from penalties,  and had expenditure of £816m, excluding interest payments or depreciation on capital assets such as car parks.

The figures come...

+76% more

 

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