Richard has sent me the figures for parking revenue across the capital thanks to the HC Transport Committee’s evidence (sorry about the poor quality of the image, my fault entirely, but click on the image to get a slightly better view):
These figures are a bit odd because you have to take into account how much the various councils are spending on enformcement of their regulations – so while Croydon made £11.9 in car parking last year, they have a hell of a lot more traffic wardens than us – they spent £10.5m on making drivers cough up. Given how many wardens we seem to have Croydon must be swarming with chaps in blue anoraks sticking notices on windscreens
So – Greenwich made a £1.5m profit in its car parks. Now, call me controversial, but I am ambivolent towards this. I don’t like paying to park outside Phantom Towers and I don’t care for the prices charged in car parks, but I find myself thinking it’s my choice to drive and if they didn’t get £1.5m through charging people on choice-things, they might raise the cash through things where people poorer than me might have no choice.
What I’m less sure about is what they’re going to spend that £1.5m on. I’ve been a bit unimpressed with the Council’s choices recently, not least in the rumours I’m hearing about the theatre.
Anyway – just letting you know we appear to be doing pretty well on the parking revenue side. I suspect other Phantophiles may not be as forgiving as I am on raising cash this way - what are your thoughts?