English local authorities generate £756m surplus from parking

RAC Foundation analyses council annual returns produced for DCLG

On-street parking surpluses have to be spent on parking and transport schemes

On-street parking surpluses have to be spent on parking and transport schemes

The surplus produced from council parking operations in England has reached a record high of just over three-quarters of a billion pounds, analysis by the RAC Foundation has revealed.

In the 2015-16 financial year, the 353 local authorities in England generated a combined surplus of £756m from their on-street and off-street parking activities. This is a 9% increase on the 2014-15 figure of £693m, and 34% higher than in 2011-12.

The figures are calculated by taking income from...

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