Waltham Forest council made more than £5 million from parking fines in one year, a Freedom of Information request has revealed.
During the financial year from April 1, 2018 to March 31, 2019, the council earned £5,879,196.08 from parking charge notices, the vast majority from on-street parking locations.
This is more than seven times the total revenue generated from people paying to park in the same period, which was £765,849.75.
The single location where the most parking charge notices were issued was Cleveland Park Avenue, which generated £145,579.28 from 2,520 fines.
The biggest earner was Hoe Street, which brought in £165,748.84 from 2,884 notices spread across several parking locations.
Out of the borough’s 11 council-owned off-street car parks, the most fines were issued at the High Street car park (E17), which is the second smallest with only 34 parking spaces.
Fines issued at this car park totalled £39,115.40 compared to £24,459 in fines generated at the borough’s largest car park, the 326-capacity Town Hall car park.
Cllr Clyde Loakes, deputy leader and cabinet member for the environment, said: “Parking charges mean we can prioritise local residents’ parking and prevent our borough being turned into a free car park for commuters from outside the borough, keep traffic moving, and reduce congestion.
“This helps us improve the health and wellbeing of our residents, because ultimately those measures improve air quality – one of London’s biggest challenges.
“These figures do not just cover penalties issued but also fees from the increased number of resident parking schemes, all of which have been introduced after consultation and support from residents.
“It’s worth noting that by law, any income made through parking charges can only be used to fund specific services.
“The first priority is to pay for the costs of providing parking in the first place. Any surplus will then fund maintaining roads and pavements across the borough, environmental improvements, and subsidising the London-wide and hugely popular concessionary fare scheme for over-60s Freedom Pass.”
Ten most common places
to receive a PCN in Waltham Forest:
Cleveland Park Avenue – 2,520 fines
The Avenue – 2,140 fines
Hoe Street (CCTV) – 1,737 fines
St James’ Street (CCTV) – 1,713 fines
Church Hill – 1,181 fines
High Street Leyton Central – 1,100 fines
Eastfield Road – 1,076 fines
Hatherley Road – 1,036 fines
Lea Bridge Road – 867 fines
Victoria Road – 859 fines