Agenda item

Annual On-Street Parking Accounts 2014/15 and Utilisation of Accrued Surplus on Highway Improvements and Schemes

Meeting of Streets and Walkways Sub (Planning and Transportation) Committee, Monday, 30th November, 2015 1.45 pm (Item 6.)

Report of the Chamberlain.

Minutes:

The Sub-Committee received a report of the Chamberlain which informed Members that

- the surplus arising from on-street parking activities in 2014/15 was £5.786m

- a total of £6.452m was applied in 2014/15 to fund approved projects; and

- the surplus remaining on the On-Street Parking Reserve at 31^st March 2015 was £14.987m, which would be wholly allocated towards the funding of various highway improvements and other projects over the medium term.

RESOLVED – That the report be noted.

Supporting documents:

Parking Meter Surplus Report 2014-15, item 6. PDF 120 KB