‘A lesson in worst practices’: Shocking audit reveals Chicago parking meters have made $2B for private company – Chicago Tribune/Yahoo

‘A lesson in worst practices’: Shocking audit reveals Chicago parking meters have made $2B for private company – Chicago Tribune/Yahoo

A 2024 audit by accounting firm KPMG has found that, with another 58 years still left in the agreement, the private investors have already recouped their initial investment. In 2023, the meters generated a record $160.9 billion in income, bringing the total income from the start of the deal to $1.97 billion.