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.


FEATURED SERVICE AND PROGRAMS


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.


Latest COFA Publications


FY 2025 Analysis of Mayor's Proposed Budget vs. Final Budget
FY 2025 Analysis Mayor's Proposed Budget vs. Final Budget
Ratings & Outlook Changes for Chicago Bonds
Ratings & Outlook Changes for Chicago GO Bonds
Analysis of Mayor's GO Bond Proposal
Bond Proposal 2024 cover image

Other COFA Reports




Council Office of Financial Analysis

121 North LaSalle Street
Room 200
Chicago, IL 60602

Contact us at cofa@cityofchicago.org

 

Department Main Office

City Council Office of Financial Analysis

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