Charnwood Borough Council is considering making some changes to charges at its car parks in Loughborough.
Increasing charges is not something the council does lightly, but the parking charges have been unchanged for 12 years.
Costs have risen during that time.
Since 2019, our operating costs for the car parks have increased by 27 per cent and revenue has dropped by 15 per cent. As an example, electricity costs for the car parks over the past five years have more than doubled to over £90,000 a year.
The Council is therefore considering making some increases to charges.
This is to help ensure we can continue to provide high-quality car parks for people to use.
Any surplus revenue from car parks goes towards services such as street cleaning, maintaining street furniture and tackling enviro crime like fly-tipping. Any drop in revenue means those services have to find funding from elsewhere or make cuts.
A consultation was held between 24 September 2024 and 20 October 2024.
The Council has listened to feedback and made concessions to the original proposals. Details can be found in this Cabinet Report from 12 December 2024.
Changes will be implemented in February 2025 and charges can be found on our car parking webpages.
Last updated: Mon 3rd February, 2025 @ 13:28