Parking income surplus increases by well over a million last year

Calls for the council to bring the on street parking contract back in-house are likely to continue following the disclosure that the surplus generated by the scheme increased by a massive £1.2 million last year. The council's newly published statement of accounts for 2009/9 shows that the surplus generated rose from £6.2 million in 2007/08 to £7.4 million - this is a massive 16 per cent rise in just a year.

Last night at the Overview and Scrutiny Commission, I asked for the current figure (which would have been at September), and was told that the income from on street parking was already £100,000 in excess of this year's target, with the off street parking income £50,000 ahead of predictions.