Councils set to rake in more than £1billion in profit from parking fees and penalties Local authorities on course to generate more than £1billion for parking income English authorities alone to make £913million surplus from fees and penalties Councils say they do not make a profit on parking because money is reinvested Campaigners say motorists see little benefit given the state of many local roads
By James Salmon Transport Editor For The Daily Mail
Published: 23:36 BST, 28 June 2019 | Updated: 23:36 BST, 28 June 2019
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Local councils are set to rake in more than £1billion profit from parking for the first time, a report reveals today.
Data shows English authorities are due to make a £913million ‘surplus’ from parking fees and penalties this financial year.
But an RAC Foundation audit suggests the authorities have underestimated income from on-street parking and car parks by between 9 and 10 per cent in recent years.
![Councils insist they do not make a profit on parking because the money is reinvested in transport and roads. But campaigners complain that motorists see little benefit given the state of many local roads [File photo]](https://i.dailymail.co.uk/1s/2019/05/10/01/13319450-7012887-A_report_reveals_that_residential_parking_permit_zones_are_sprea-m-64_1557448100336.jpg)
