Nottingham’s workplace parking levy raised £60.8m in its first seven years. Nottingham introduced the levy on 1 April 2012 and remains the only authority in the country to have done so. The levy applies to employers providing 11 or more liable spaces. It began at £288 per space and this year is £415.
Nigel Hallam, workplace parking levy service manager, told councillors that 100 per cent compliance was achieved in the first year, no penalty charge notices had ever been issued, and less than £10,000 of bad debt had been written off. Hallam said that the money raised has been used as leverage to obtain funding for Nottingham’s two tram line extensions. Hallam also commented that other councils are considering introducing a similar levy.
You can read more about the scheme in this Transport Xtra article from 22 November 2019.