§ 67. Mr. John Hall
asked the Minister of Transport what revenue has been earned from parking meters installed in the Greater London area in each 12 months since 31st March, 1965; what balance was left over in each year after payment of all expenses to provide and mainatin off-street car parks; and what proportion of this balance has been used for this purpose.
§ Mr. Swingler
For the period of 12 months ending 31st March, 1966, the gross income was £1,275,192 and the net balance left over after payment of all expenses was £493,475. The whole of this sum was used for off-street car parking. In addition, a further sum of £215,726 was used for this purpose out of the reserve of £403,812 which had accumulated in prior years from parking meter income.
I regret that figures for the 12 month period ending 31st March, 1967 are not yet available.
§ Mr. Pardoe
asked the Minister of Transport whether the principles governing the application of parking meter revenues will be considered in her forthcoming White Papers on transport.
§ Mr. Galbraith
asked the Minister of Transport what estimate she has made of the income which could be raised annually in central London from the reclassification of parking control referred to in her Department's publication, Better Use of Town Roads.
§ Mr. Swingler
A rough estimate of parking meter revenue is given in Chapter 12 of the publication. It would not be possible to make more refined estimates without working out a specific scheme in detail.