The additional income was proposed as part of the Revenue Budget Savings Proposal Report
08/09 that was considered by Mayor & Cabinet in December 2007. The proposed increases
put forward will generate ?500k total income, ?273k to be used as part of the budget savings
exercise and ?250k to fund highways prudential borrowing as set out in the Highways Best
Value Review.

The Mayor of London?s Transport Strategy provides a framework for traffic management and
parking controls throughout Greater London. This guidance gives a high priority to parking
control initiatives that encourage a shift from the use of the car for personal travel to public
transport, walking and cycling.