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Welsh councils record record parking income but slight fall in 'profits'
Between them the 22 parking authorities in Wales made a surplus (‘profit’) of £8.7 million in 2012/13.
Cardiff had the biggest surplus (£2.6 million) followed by Swansea (£1.3 million) and Gwynedd (£800,000).
Of the 22 councils, only five – Torfaen, Flintshire, Newport, Vale of Glamorgan and Blaenau Gwent – recorded a deficit (‘loss’) on their parking activities.
The overall profit is 7% below that seen in the previous year (£9.3 million).
The numbers are revealed in analysis by transport consultant David Leibling of the official accounts councils must legally make each year to the Welsh Government.
The report also shows that while the overall surplus is down slightly year on year, the income figure for all councils from parking (before costs are deducted) is now at a record high of £30.4 million.
Cardiff (£6.2 million) and Swansea (£4.4 million) top the income table followed by Carmarthenshire (£2.1 million).