Committee on Finance
TL;DR
The Chicago Finance Committee has recommended several key financial ordinances for the 2023 fiscal year, including a property tax levy and new bond issuances. These decisions will impact city budgeting, infrastructure development, and potentially taxpayer costs.
Key Decisions
- 2023 Property Tax Levy Recommended to Pass
- Municipal Code Amendment for Fees and Debt Relief Recommended to Pass
- General Obligation Bonds for Water and Airport Projects Recommended to Pass
Agenda
- Attendance
- 1 Property tax levy for Year 2023OrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 2 Amendment of Municipal Code Titles 2, 4, 7, 9, 10, and 11 regarding various costs, fees and debt relief (2023 Revenue Ordinance)OrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 3 Issuance of general obligation bonds for New Money Purposes, Second Lien Water Revenue WIFIA Project Bonds, Series 2022, increase in borrowing authorization of O'Hare Commercial Paper and O'Hare Line of Credit programs, establishment of Midway Line of Credit program, and amendment of various bond ordinancesOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.