Increased Parking Permit Charges

The Council has increased the annual charge for the first vehicle from £30 to £45, second vehicle from £65 to £80 and third or subsequent vehicles from £75 to £105.The increase in these charges were carefully considered by Cabinet and Council as part of the Council's annual budget setting process.Residents parking permits were last increased two years ago and even now at £45 equates to less than £1 per week, which puts Waltham Forest below the London average for such charges. Furthermore the Council has given a commitment not to increase the charge for the first vehicle any further in the life of the current administration, which effectively means that the first vehicle charge will increase by £15 over a 6 year period. By law Controlled Parking Zones (CPZs) have to be self-financing, that is to say the implementation and running costs cannot be funded from Council Tax or any other revenue streams. This is because they cannot be supported from non-car owners or those that live outside CPZs. The cost of enforcing our CPZs is not cheap but any surplus income generated must be used to improve public transport or the highway network. It cannot be used to support other services.