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Chicago Sun-Times
Chicago Sun-Times
National
Fran Spielman

Parking meter deal keeps on giving — for private investors, not Chicago taxpayers

Chicago’s parking meters collected a record $140.4 million last year (Tyler LaRiviere/Sun-Times file)

Downtown office occupancy is still only half of what it was before the pandemic, but Chicago parking meter revenues have made a comeback and then some.

Results of the latest parking meter audit by accounting giant KPMG shows meter revenues reached a record $140.4 million last year, up from $136.2 million in 2021 and $91.6 million during the stay-at-home shutdown of 2020.

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