The parking problem surfaced initially in February when daily revenue reports at MBTA lots didn’t match up with actual vehicle counts conducted by the agency. Conflicting stories emerged as the MBTA’s parking lot operator, LAZ Parking Ltd., and then the Transit Police and an outside auditor began investigating. The problem was first described as being confined to one lot, then three, then back to two. T officials said on May 16 they were still trying to get a handle on the revenue losses, but felt they weren’t huge.
But parking revenue data obtained from the MBTA suggest the problem may be bigger than earlier believed. At the North Quincy Station parking lot, for example, revenues averaged $56,561 a month over the 10-month period between May 2015 and February 2016. In March and April, after the parking investigation began and LAZ fired two employees “for not following proper procedures,” revenues averaged $87,151, an increase of $30,590, or 54 percent.
At the Lechmere parking facility, revenues averaged $33,008 a month between May and February, but then averaged $52,613 in March and April, an increase of $19,605, or 59 percent.