The increased income of ?192k is to be achieved by increasing the resident permit charge
(currently ?35) to ?60. The increased income was calculated on the current number of resident
permits holders.
In comparison to resident permit charges across London, Lewisham?s current permit charge is
relatively low. In July 2007 a conservative uplift of ?5.00 was applied, the first increase in four
years. A benchmarking exercise was undertaken to compare Lewisham permit prices with
other local authorities across London. (Detailed in Appendix A). A number of local
authorities charge different pricing structures across their controlled parking zones and for
boroughs that implement this type of pricing structure an average permit charge has been
calculated. The all London average (excluding the city) is ?131.07. The inner London average
excluding the city is ?158.96 and the outer London average excluding the city is ?109.74. Our
neighbouring boroughs apply different pricing structures across their CPZs, the maximum in
Greenwich and Bromley is ?50 and ?55 respectively and in Lambeth the maximum charge is
?200.
It is likely that this increase may be unpopular with residents and may result in a negative
impact to our CPZ implementation and review programme. If this impact does materialise, it
may impact on the Borough?s ability to meet existing prudential borrowing commitments and on
any future prudential borrowing requirements. A clear communication strategy will be required
to ensure officers are able to deal with any reaction to these increases effectively.