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Councils cashing in on parking as profits climb 15%

Councils cashing in on parking as profits climb 15%
Councils in England made over £411 million-worth of profit from parking charges last year, according to research carried out by the Institute of Advanced Motorists (IAM).
The profit made during 2011/12 represents a 14.9% increase on the £358 million yield brought in over 2010/11.
In total, 353 councils were looked at using data available from the Department for Communities and Local Government.
So which local authority made the most out of our parking misery last year?
Top 20 council cash cows
Here are the top 20 councils which made the most profit from parking charges last year:
Rank | Local authority | Parking profit 2011/12 (£)* |
1 | Westminster | 37,985,000 |
2 | Kensington & Chelsea | 27,483,000 |
3 | Camden | 24,816,000 |
4 | Hammersmith & Fulham | 19,089,000 |
5 | Wandsworth | 16,120,000 |
6 | Brighton & Hove UA | 13,676,000 |
7 | Islington | 10,204,000 |
8 | Newham | 7,192,000 |
9 | Milton Keynes UA | 6,468,000 |
10 | Newcastle upon Tyne | 6,225,000 |
11 | Manchester | 5,957,000 |
12 | Tower Hamlets | 5,769,000 |
13 | Hackney | 5,735,000 |
14 | Lambeth | 5,690,000 |
15 | Guildford | 5,640,000 |
16 | Leeds | 5,532,000 |
17 | Haringey | 5,312,000 |
18 | Hounslow | 5,291,000 |
19 | Merton | 5,212,000 |
20 | Bath & North East Somerset UA | 4,836,000 |
*Figures calculated by IAM from Department for Communities and Local Government Revenue Outturn data 2011/12
As you can see the top council earners for 2011/12 are located in London, with Westminster residents suffering the most and forking out nearly £38 million in parking charges.
Outside of the Capital, Brighton & Hove proved to be the biggest earner, bringing in just over £13.5 million in profit for the council last year.
In Islington the council managed to boost profits by 107.7% compared to 2010/11. Newham (100.5%), Wandsworth (79.1%) and Haringey (63.1%) also managed to bolster their coffers by an extraordinary amount.
Regionally, London and the South East made the most in parking charges whereas the North East and East of England made the least.
Spending cuts
While income from parking charges was plentiful, spending on some key areas fell.
The IAM found that the amount spent on road safety, education and safe routes to schools had dropped by 18%.
All in all spending on highways and transport was reduced by 6% and it is expected to drop a further 11% over 2012/13 which could mean a back log of repairs according to IAM Chief Executive, Simon Best.
So even though councils are making record revenues in some areas it appears spending cuts are still the bottom line in Local Government.
How’s parking your end?
What are the parking charges like in your area? Let us know in the comment box below.
More on parking:
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If councils weren’t making huge profits from everything that can be made profitable the corrupt local government slimeballs couldn’t cream off huge amounts into their own pockets.
Here on this MSN message board people constantly attack central government for wholesale corruption and inept inefficiently, but it’s just as bad, if not worse, at local level, and there are many more of them.
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Corruption has always been prevalent in local government, years ago the small Christmas sweetener from the local builder, to stay on the list of approved contractors was taken for granted. But these days its awash was councillors and council officials with their hands held out expecting a back hander for anything and everything. In many countries bribery and sleaze is away of life, and when Britain opened the gates and laid down the welcome mat to these warm and loving, hard working people from all over the world they brought their lifestyle with them
I have to say that Northumberland C.C. are very good - for us Blue Badge Parkers! Basically, show your badge and it's free for 3 hours or so. Newcastle is another case altogether!
My biggest Parking moan, and this applies to everyone, are the iniquitous amounts, charged by the Hospitals, be it for out-patient treatment or visiting sick relatives/friends. Even worse, that they charge patients on dialysis and chemotherapy - a tax on the critically ill!
I know that the only two certain things in this world are death and taxation, but let's not combine them, eh?
Reading is OK with plenty of car parks to choose from but they all vary in cost. At least it allows people to shop in town and although some shops have closed it is still busy. If car park prices are reasonable then you get more shoppers, more shoppers mean more business. More business means more rates and tax for the Council and Government. So everybody wins. Read this you extortion councils and reduce your rates.
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