So as we stare down higher property tax bills and a potential transit fare hike, here's more good news: the parking meter rates are going up, too. As The Parking Ticket Geek points out, when the City Council passed that controversial parking meter lease that Mayor Daley engineered, it also included a yearly increase in rates. These annual rate increases will continue through 2013. $1/hour rates will go up to $1.50, $2/hr up to $2.50, and $3.50/hr up to $4.25. The increases hit January 1, 2010.
