Gedling Borough Council made a loss on car parking charges last year, new figures have revealed.
The authority made a loss of £98,000 according to new figures from the RAC Foundation, a transport policy and research organisation.
They were only one of two authorities across Nottinghamshire to make a loss from car parking charges. Broxtowe recorded a loss of £14,000.
Nottingham City Council made a profit of £3,500,000.
Leader of Gedling Borough Council, Councillor John Clarke said the loss was down to the council’s commitment to subsidise parking across the borough.
He said: “Since 2011 we have offered two-hour free parking in all our town centres. While many other councils generate revenue from car parking charges, we have continued to subsidise much of these costs as we think it’s important to support local businesses and encourage residents to shop locally.
“Despite government cuts and an ongoing challenge to balance budgets we will continue to provide the free parking as well as investing in cleaner energy with more electric charging points planned in the future.”
