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Alderman postpones action on financing/affordability ordinance to coordinate with finance staff
5419735 · July 17, 2025
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Summary
Alderman Arnett said the Finance Committee postponed action on a bill to expand the Financial Advisory Commission's duties so he can review whether forecasts should be produced inside the finance department or by an outside contractor; Economic Matters postponed action to September to allow further work.
Sponsor Alderman Arnett told the committee July 16 that the Finance Committee had asked for time to explore alternatives to the ordinance that would expand the Financial Advisory Commission's responsibilities for long-term fiscal forecasting.
Arnett sai…
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