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Chicago Sun-Times
Chicago Sun-Times
National
Fran Spielman

Parking meter deal gets even worse for Chicago taxpayers, annual audit shows

Chicago Lori Lightfoot Rahm Emanuel Skyway Tyler LaRiviere Pandemic City Council Council SunTimes
The 75-year lease of Chicago’s metered parking to a group of private investors continues to get worse for the city’s taxpayers. (Tyler LaRiviere/Sun-Times)

In their failed attempt to block Bally’s $1.7 billion River West casino, downtown City Council members warned the deal was being rushed — just like the one that privatized Chicago parking meters — and that it would end up being “even worse” for taxpayers.

That dire prediction is difficult to imagine, considering results of the latest parking meter audit by accounting giant KPMG.

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