Nottingham makes £13m surplus from parking charges

Nottingham City Council has been listed as one of the ten authorities making the largest surpluses from parking charges.

Research from the RAC Foundation found councils in England made a record surplus from parking charges of almost £700m last year.

But the Local Government Association (LGA) described the report as "misleading" saying any extra money is spent on transport projects. The RAC Foundation has urged more transparency over "exactly where this huge excess ends up".

The organisation analysed parking data in financial reports from English councils.

The councils with the 10 largest parking surpluses, according to the RAC Foundation are listed below.

  • Westminster £46.4 million

  • Kensington and Chelsea £33 million

  • Camden £24.5 million

  • Hammersmith and Fulham £23.8 million

  • Wandsworth £20.4 million

  • Brighton and Hove £18.6 million

  • Haringey £16.1 million

  • Islington £13.7 million

  • Nottingham City £13.3 million

  • Hackney £10.8 million

Steve Gooding, the RAC Foundation Director, said:

In a statement, Nottingham City Council Deputy Leader, Councillor Graham Chapman, told ITV News:

A spokesman for the LGA said the report was "inaccurate adding: "Councils are on the side of hard-pressed motorists."