Welsh councils generate £8.7 million parking ‘profit’
Between them the 22 parking authorities in Wales made a surplus (‘profit’) of £8.7 million in 2012/13.
Cardiff had the biggest surplus at £2.6 million.
This was 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.