A parking meter in Beirut. (The Daily Star/Mohamad Azakir)
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The Traffic, Trucks and Vehicles Management Authority owes several municipalities almost all of the profits it made from parking meters in their areas, the Court of Audit ruled Tuesday.According to the court's decision, released Monday and publicized Tuesday, all of the municipalities, except Beirut, should receive 85 to 90 percent of the profits from the parking meters, with 10 to 15 percent going to the authority.The court's decision called for the signing parties to commit to the contracts and to have a clear mechanism for calculating the parking meters' costs and profits, and for the municipalities to receive the data regarding the meters every six months.
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