Income from Gravesham Council's car parks lower than expected following price hike
DESPITE the increase in parking charges following Gravesham Council’s budget overspend, revenue from car parks is still too low.
The cost of parking in all council car parks increased from January in a bid to combat a £600,000 overspend in last year’s budget.
Between April and August this year – the first five months of the financial year - Gravesham Council’s car parks pulled in £338,000 to Civic Centre coffers.
Although this is £77,000 more than the same five months in 2011, it is less than the £430,000 the council predicted to generate during this period.
But although revenue is less than expected, it seems the hiked up charges have not put motorists off parking in Gravesend.
The number of drivers parking in pay and display car parks for between one and three hours has risen from 233,298 during the first five months of last year to 234,763 this year.