Chicago Chief Financial Officer Jennie Bennett [left] and Budget Director Susie Park during a Novermber budget hearing
Chicago’s Department of Finance would be required to publish monthly reports on the city’s cash intake under a proposal set for consideration on Monday.
The one-page ordinance (SO2020-5902), introduced by Ald. Brendan Reilly (42) last December, is set for consideration by the City Council’s Committee on Finance during its 10 a.m. meeting on Monday. If approved, city finance and budget officials will be legally bound to publish “monthly reports” on the department’s website that detail the city’s “total collections for each revenue category” from the previous month, plus the “variance” between actual revenues and those anticipated under the annual budget.
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