Traders at this year's Lincoln Christmas Market will pay 12 per cent more for pitches amid a predicted £78,000 income shortfall.
It comes after fewer stalls last year - due to the refurbishment of Lincoln Castle - and coach bookings meant income was down £67,000 from the predicted £561,000 to £494,000.
Last year's market made a surplus of just £4,000 against the budgeted £81,000. Running costs were estimated at £16,000 but the actual cost to the City of Lincoln Council was £83,000.
The 12 per cent rise in fees and charges due to be approved by the council's executive on Monday, June 16 would generate £316,000 for the 2014 market
One of Lincoln's main car parks, Lucy Tower car park will finally re-open - at the same time as Lincoln Christmas Market begins trading.
400 of 440 spaces will be made available.
The work was supposed to be finished by August but was delayed when inspectors found the damage was worse than initially thought.
The remaining 40 spaces will be open early next year.
Last minute preparations are taking place in Lincoln for the thirty-first Christmas Market.
Hundreds of thousands of visitors are expected to visit the city for the market, which runs from tomorrow through to Sunday. Last year, the market was criticised because there was a one way system for pedestrians. It's been scrapped this year.
Car owners who received parking tickets during this year's Lincoln Christmas Market are being invited to appeal them. Parking enforcement officers handed out 389 tickets over the four days of the Christmas Market.
But following a consultation between Lincolnshire County Council, who hired the officers, and the City of Lincoln Council, who were in charge of road closures and resident permits, a decision has been made to look at all the tickets handed out in this area to residents .
The two councils are now working with the parking contractor to find out why tickets were given out to people who were parked legitimately. To appeal a parking ticket go to www.lincolnshire.gov.uk/parkingenforcement and click on Pay or challenge your PCN online at the bottom of the page,
More than 350,000 people are expected to pack into the streets of Lincoln over the next four days as the annual Christmas Market gets underway.
The 280 stalls at the market are expected to help bring in millions of pounds to the local economy. This year a controversial one way system for pedestrians has also been introduced to help ease the congestion seen last year. Kate Hemingway reports.
- More than 350,000 people are expected to attend
- There are 280 stalls
- The Market runs from Thursday to Sunday
- This year there will be a one way pedestrian system in place to ease congestion
- The market is expected to bring in more than £10 million to the local economy
- In 2010 the market closed due to snow for the first time in 28 years
- The market will be officially opened tonight at 6.30pm by the Mayor.
Thousands of visitors are expected at the Lincoln Christmas market, which opens today. The event runs until Sunday and will feature 280 stalls selling festive gifts and local produce