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

 

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City Council Office of Financial Analysis

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