Douglas Council says it can't afford to run two of its town centre car parks.
It says it'll hand management of Chester Street and Drumgold Street back to the Department of Infrastructure on Friday, August 14.
Council Leader David Christian says running them has become financially unsustainable and can't afford to keep running them.
He says renting the two car parks from the DOI costs the council £1.3million a year and the local authority has lost a significant amount of money when it scrapped parking charges during lockdown.
Santa Dash this lunchtime!
New Dominos branch looking for workers
Part of TT course to close for this afternoon
Road in Union Mills closed this morning
Make sure we can see you in the dark, says bus service
Chief Minister says details on cost-savings to come in April
DoI says it would protect bus services during strike
Peel bids farewell to lifeboat of over 30 years