The mixed-use HUB32 project located at 136 N. Kedzie Ave. in the 28th Ward is pictured. [Livestream]

The City Council Committee on Finance on Monday approved a nearly $10 million legal settlement, a billion-dollar bond issuance for the city water department and multimillion-dollar bond issuance for a housing development.

A rendering shows the first phase of the Morgan Park Commons project. [Chicago Department of Planning and Development]

The City Council Committee on Finance on Friday approved a $27 million settlement to the family of a woman killed as the result of a high-speed police chase, multiple allocations of tax increment financing (TIF) funds for parks and school projects and new financial assistance for several housing developments.

Chicago City Hall is pictured. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Friday will consider multiple new allocations of tax increment financing (TIF) dollars and a large legal settlement resulting from a police chase. The finance committee will meet at 10 a.m. in council chambers.

Finance Chair Pat Dowell (3) is pictured during a City Council meeting on June 12, 2024. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Friday advanced a proposal to create a new local taxing district within the city’s busiest tourist areas to generate revenue to be reinvested in the promotion of the city’s tourism and convention industries.

Finance Chair Pat Dowell (3) is pictured during a City Council meeting on June 12, 2024. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Friday will hold a hearing and vote on a proposal to create a local taxing district to help promote the city’s tourism and convention industry.

Ald. Anthony Beale (9), who championed video gambling legalization in Chicago, is pictured during a City Council meeting on Feb. 26, 2025. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Wednesday will consider a measure that would seek to compel the city clerk to help get the ball rolling on legalized video gambling in Chicago. The committee will also consider multiple police misconduct lawsuit settlements and measures authorizing financial assistance for the Congress Theater. 

The committee will meet at 10 a.m. in council chambers. 

Ald. Bill Conway (34) is pictured at a City Council meeting on Feb. 26, 2025. [Don Vincent/The Daily Line]

The City Council Committee on Finance passed two bond authorizations on Tuesday, ignoring calls from the committee’s vice chair to delay consideration of one and approving an amended version of a second one, forwarding two key parts of Mayor Brandon Johnson’s 2026 budget plan.

Finance Chair Pat Dowell (3) is pictured during a City Council meeting on June 12, 2024. [Don Vincent/The Daily Line]

The City Council Committee on Finance on Thursday approved two legal settlements, including a more than $15 million wrongful conviction settlement, but deferred action on the creation of a class settlement. The committee also approved multiple tax increment financing (TIF) fund allocations for parks and schools projects.

The areas proposed to be added to Chicago Enterprise Zone 2 are shown in orange with black slanted lines during a presentation to the finance committee on Dec. 2, 2025. [Livestream]

The City Council finance committee on Tuesday held a public hearing on the proposed expansion of one of the city’s Enterprise Zones ahead of a scheduled vote later this week.

The Committee on Finance will consider a proposed expansion (O2025-0021111) of Enterprise Zone 2 at its meeting Thursday, which begins at 10 a.m.

Mayor Brandon Johnson presides over a City Council meeting on Oct. 30, 2024. [Don Vincent/The Daily Line]

The City Council Committee on Finance voted down Mayor Brandon Johnson’s proposal to revive a corporate head tax to fund various community safety initiatives Monday alongside myriad other tax, fine and fee proposals, quashing an attempt to get his spending plan for the upcoming fiscal year over the finish line this week and delaying any approval into December. 

The committee vote came just days after the mayor and his budget team did not introduce the ordinances that make up the annual budget during a council meeting, opting instead to directly introduce the appropriations, revenue, management and bond ordinances directly into committee.