02:02AM, Thursday 01 August 2013
The Royal Borough generated a £2m cash surplus from parking charges and fines last year, according to new figures released by the RAC Foundation.
The foundation found the borough had made a £2.253m profit before capital costs from its parking operations in 2011/12, up from £2.207m the previous year.
The study analysed the amount councils spend on tickets, permits and penalties and deducted the amount spent on parking operations.
The council had the 69th highest surplus out of more than 350 authorities analysed, with Westminster coming out on top with an eye-watering profit of £41.6m.
Overall, councils in England generated a £565m surplus from their parking operations.
Comments
Paid Stories
Most read
Top Ten Articles
A man in his fifties is in critical care following a crash on the A4 earlier today (Tuesday).
The motorway will be out of action from junction 6 for Slough and 8/9, Maidenhead from 8pm tomorrow night (Friday), until 6am Monday.
© Copyright 2016 Baylis Media Limited All right reserved
