Today’s Chicago City Council regrets the infamous 2008 parking meter deal

The Triibe reports on current Chicago budget shortfalls and historic deals privatizing city assets. Harris Prof. Damon Jones was interviewed. 

“In the long run, when you sell an asset like that for the City, and you get cash today, it’s kind of an illusion. Today, you look like you’ve increased your finances, but in the long run, you've foregone a lot of future revenue,” Jones said.

Read the full story here: https://thetriibe.com/2024/11/todays-chicago-city-council-regrets-the-infamous-2008-parking-meter-deal/