A REPORT OF THE COUNCIL OFFICE OF FINANCIAL ANALYSIS
OVERSIGHT COMMITTEE TO BE SUBMITTED TO THE CITY COUNCIL AT THE MEETING OF April 30, 2014
1. A report concerning the election of Alderman Carrie M. Austin as Chair and Ms. Carol Brown as Vice-Chair of the Council Office of Financial Analysis Oversight Committee.
2. A report concerning the adoption of a procedure for the selection of the Council Financial Analyst.
CHICAGO, April 30, 2014
To the President and Members of the City Council:
Your Council Office of Financial Analysis Oversight Committee, having had under consideration a Report concerning the election of Alderman Carrie M. Austin as Chair and Ms. Carole Brown as Vice Chair and the adoption of a procedure for the selection of a candidate for the position of Council Financial Analyst; having had the same under advisement, begs leave to report and recommend that Your Honorable Body place the report and procedure ON FILE.
This recommendation was concurred in by a viva voce vote of the members of the Oversight Committee.
(Signed) C^AAaU^ H9, Msi££^> Carrie M. Austin Chairman, Oversight Committee
CITY COUNCIL FINANCIAL ANALYST COUNCIL OFFICE OF FINANCIAL ANALYSIS
The City of Chicago is seeking highly qualified candidates for the position of Council Financial Analyst/Chief Administrative Officer for the Council Office of Financial Analysis (COFA). COFA is an office independent of the executive branch and has the task of providing objective and independent analysis of the annual budget, proposed public-private partnerships, and major policy proposals under consideration by the City Council. The office employs four (4) staffers. The council has a nominating/oversight team, comprised of aldermen and outside experts. The COFA analyzes the annual budget and provides options for cost savings and efficiencies; analyzes the City's annual audit; reviews public-private partnerships; analyzes rating agency actions and other external financial activities relat...
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