Chicago's Parking Meter Scandal | Chicago News

Chicago’s billion-dollar parking meter deal from 2008 is back in the spotlight—after nearly doubling their investment, the private consortium now wants to sell the lease, leaving residents stuck with sky-high rates while the city still collects ticket fines. Some locals have turned it into a financial game, saving money by skipping meters and paying tickets instead. Experts call it one of the most lopsided public-private deals ever, where the city got short-term cash but long-term headaches. With the lease up for grabs again, Chicago’s streets—and wallets—are still caught in the fallout. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5f485ecbf27acd64