In 2015, the City Council Office of Financial Analysis (COFA) was created to serve as the City Council’s independent budgetary arm. COFA provides the City Council with fiscal analysis of legislation, forecasts, and budget recommendations.

COFA applies the tools of financial analysis to budget recommendations and forecasts, the City's annual audit, proposed public-private partnership agreements or asset leases, bond rating agency actions, and other matters as requested by Aldermen. COFA also provides an options report of potential cost-saving reforms and efficiencies.

Contact us at cofa@cityofchicago.org

 

Latest COFA Publications

2023 Budget Options Report
Image of cover page to COFA's 2023 Budget Options Report
2023 Budget Forecast Analysis
Image of cover page to COFA's Analysis for the City's 2023 Budget Forecast.
Q2 2022 Corp. Revenue Analysis
Image of cover page to COFA's Quarterly Budget Analysis for the City's Corporate Revenue Fund through Q2 2022.
2021 ACFR Overview & Analysis
Image of cover page to COFA's overview and analysis of the the City's Annual Comprehensive Financial Report (ACFR).

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