Following the new parking tariffs approved at Cabinet January 2023, Swansea Council has subsidised City Centre Parking as part of the Additional Priorities agreed at Cabinet on 18th May 2023.
A new parking offer was introduced from 24th July 2023. This offer has been subsidised from a £500,000 allocation as approved by Cabinet on 18th May 2023 as outlined within Financial Procedural Rule 5 Additional revenue provision for residual Economic Recovery Fund 2023/24
A Programme Board has been set up to review predicted spend profile, gather trend data and seek opportunities for incentives to attract footfall to the City Centre with consideration given to residents and businesses.
It is recommended that approval be sort from Cabinet for additional funding to allow the parking offer be extended to 31st March 2024.
Decision type: Key
Decision status: Recommendations Approved
Notice of proposed decision first published: 15/09/2023
Decision due: 19 Oct 2023 by Cabinet
Lead member: Cabinet Member - Economy, Finance and Strategy (Leader), Cabinet Member - Environment & Infrastructure
Lead director: Head of Service - Highways & Transportation
Contact: Matthew Bowyer, Group Leader, Highways & Transportation Email: Matthew.Bowyer@swansea.gov.uk.