§ Mr. Ivor Richard
asked the Minister of Transport what is the annual revenue received from the parking meters at present in London; what is the cost of administering this service; and what are the estimated figures of revenue and cost for the new enlarged London parking-meter areas.
§ Mr. Swingler
The gross income for parking meter schemes in the Greater London area during the financial year ended 31st March, 1965 was £898,673. The total expenditure (including administration, enforcement, maintenance, servicing of loans and taxation) amounted to £716,281.152W
The proposals for an Inner London Parking Area, announced by the Greater London Council as the traffic authority for London, can only be implemented after detailed discussions with the London Borough Councils concerned. No estimates of cost and income are available at this stage.