CHICAGO (CBS) — In a second day of hearings into the Emanuel Administration’s revised parking meter agreement, Chicago Aldermen are still expressing doubts that it will be a good deal for taxpayers, reports WBBM Political Editor Craig Dellimore.
Alderman are worried about an additional windfall for the company already raking in cash by running Chicago’s parking meters.
Mayor Emanuel has agreed to allow metered parking to run hours longer downtown in exchange for free Sunday parking in the neighborhoods.
Alderman Will Burns is concerned the extended hours will be very lucrative for the company.
“There is a possibility, however slight, that there could be more revenue generated than originally estimated and that that money goes to Chicago parking meters,” said Burns.
Burns says that it is a shame that the City Council doesn’t have its own independent budget analyst the way state lawmakers do.