Recent Chicago Parking Audit Spells Bad News for Motorists (and Every Other Resident)
By Shelia Dunn, NMA Communications Director This post originally appeared as NMA E-Newsletter #708 from August 2022. If you would like to subscribe to the newsletter, a weekly one-topic look at a motorist issue, click here. As of 2022, 61 years are left on the 75-year parking meter lease now held by the Chicago Parking Meters […]
Recent Chicago Parking Audit Spells Bad News for Motorists (and Every Other Resident): NMA E-Newsletter #708
As of 2022, 61 years are left on the 75-year parking meter lease now held by the Chicago Parking Meters LLC. A recent city audit stated that the private company had already recouped its entire $1.16 billion investment plus $502.5 million more. According to a recent Chicago Sun-Times article, Chicago parking meter revenue is back […]