Agenda item - Parking Review update

1)             Cabinet agrees to taking forward the new Parking Policy aims and objectives as detailed in paragraph 3.9 below and in Appendix 1.

2)             Cabinet agrees to the Parking Services 24/25 Action Plan as summarised in Table 1 to ensure actions are included as part of the Council’s Medium Term Financial Plan. This aims to reduce the current under-achievement of the £45.5m parking income budget this financial year.

3)             Cabinet agrees the medium to long term action plan and financial appraisal to deliver the new Parking Policy contained in Appendix 3.

65.1      Cabinet considered a report that set out the outcome of the Parking Review and sought approval of a new Parking Policy.

65.2      Councillor Taylor commented on the report.

65.3      Resolved-

1)             Cabinet agrees to taking forward the new Parking Policy aims and objectives as detailed in paragraph 3.9 below and in Appendix 1.

2)             Cabinet agrees to the Parking Services 24/25 Action Plan as summarised in Table 1 to ensure actions are included as part of the Council’s Medium Term Financial Plan. This aims to reduce the current under-achievement of the £45.5m parking income budget this financial year.

3)             Cabinet agrees the medium to long term action plan and financial appraisal to deliver the new Parking Policy contained in Appendix 3.