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Record #: Or2017-269   
Type: Order Status: Failed to Pass
Intro date: 5/24/2017 Current Controlling Legislative Body: Committee on Finance
Final action:
Title: Call for Chief Financial Officer, Budget Director and City Treasurer to testify regarding "Rainy Day Fund", Tax Increment Financing (TIF), investment returns and undedicated or unexpended revenue sources
Sponsors: Munoz, Ricardo, King, Sophia D., Hairston, Leslie A., Sawyer, Roderick T., Sadlowski Garza, Susan, Foulkes, Toni, Moore, David H., Taliaferro, Chris, Waguespack, Scott, Ramirez-Rosa, Carlos, Arena, John, Lopez, Raymond A.
Topic: CITY DEPARTMENTS/AGENCIES - Budget & Management, - CITY DEPARTMENTS/AGENCIES - City Treasurer, - CITY DEPARTMENTS/AGENCIES - Finance
Attachments: 1. Or2017-269.pdf
Related files: R2019-362
Committee on Finance May 24,2017 City Council Meeting


ORDER


ORDERED, that the Chief Financial Officer, Carole Brown, the Director of the Budget Office for the City of Chicago, Alex Holt, and the Treasurer of the City of Chicago, Kurt Summers, appear at the next (June) convening of the Committee on Finance for testimony including, but not limited to, full accountings and holdings of the following city funds and resources:
The "Rainy Day Fund";
Tax Increment Financing revenues and holdings;
Any and all investment returns identified by the Office ofthe Treasurer; and
Any other undedicated or unexpended revenue sources under the control of the City of Chicago.

Ricardo Munoz
Alderman, 22nd Ward


Roderick Sawyer Alderman, 6th Ward

TonrFbulkes Alderman, 16th Ward
David Moore Alderman, 17th Ward





Chris Taliaferro Alderman, 29th Ward




Carlos Ramirez-Rosa Alderman, 35th Ward