A terrible decision by Cornwall Council, which, according to AI, makes £ millions every year from car parking.
The Council claims it costs them £100,000 a year to process the cash from 138 car parks.
Thats only £750 per car park per year - or around £2 per day.
So Cornwall Council are prepared to exclude cash users - who the Council says make up at least 10% of total users - from 95 car parks to save around £2 per day per car park.
To put it another way, Cornwall Council charge between £1 and £2.50 per hour for car parking, so they say they will save the equivalent of around one car parking for one hour per car park per day.
Or looking at the decision in another context, Cornwall Council has a total expenditure of £1.2 Billion each year. What thy claim they will save via banning cash from 95 car parks is a mere drop in the Atlantic Ocean that laps at the counties shores.
So any way one looks at it, the amount Cornwall Council say they will save by NOT accepting cash at 95 car parks is insignificant.
However, the harsh reality is that Cornwall Council are not very good at budgeting. They have the 12th biggest debt - over £1.3 Billion - of the nearly 400 local authorities in the UK.
Cornwall Council are sinking in an ocean of debt of their own making.
Cash users are being made to pay - or rather, being STOPPED from paying - for the failures of Cornwall Council in managing their huge overall budget.
Those presumably guiding Cornwall Council to take this terrible decision are Leigh Frost, the Liberal Democrats Leader of the Council, and Kate Kennally, CEO of the Council.
Leigh and Kate can either guide Cornwall Council to reverse this awful decision of their own volition - surely the moral high ground - or they can wait for national legislation to become law, obliging them to accept cash at their car parks.
Their choice - for now.
Source: falmouthpacket.co.uk/news/26269393.car-parks-cornwall-will-still-accept-cash-park