Nottingham city council says it will not raise as much money as it had hoped from the workplace parking levy in its first year.
The charge means businesses with more than 10 parking spaces will have to pay £288 a year for each space from Sunday.
The authority says it will pay for better public transport including new tram routes and will reduce congestion.
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It will be another misty and cloudy start to the day.
Another rather cloudy day, with the easterly wind continuing to bring low cloud in from the North Sea.
Some mist and hill fog tonight. Brightening up on Thursday.