‘Parking profits prove town is booming but we haven’t made as much as RAC claim’

Parking profits are up in Bedford.
Parking profits are up in Bedford.

Claims that parking profits in Bedford Borough have soared by 79 per cent to more than £1million in the last year are incorrect say council chiefs.

This week, the RAC claimed that Bedford Borough Council’s surplus jumped from £641,000 in 2013/14 to £1,152,000 in 2014/15.

The breakdown firm said the figures were calculated by taking income from parking charges and fines and then deducting running costs.

But a spokesman for the council said the motoring body had failed to factor in rental costs paid for a car park and revealed that profits were much more modest

In 2014/15 the council made £482,500 from parking activities, but were unable to provide a comparable figure for 2013/14.

She said: “Revenue for on and off street parking in 2014/15 was 2.3 per cent higher than in 2013/14, an increase characteristic of Bedford’s booming economy.”

In 2014/15 the council made £482,500 from parking activities, but were unable to provide a comparable figure for 2013/14.

The RAC report revealed that councils in England made a £700million surplus through parking in 2014/15.

>Read the original RAC report by clicking here