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
Get to Know COFA: Council Office of Financial Analysis
2025 Q1 Quarterly Revenue Analysis
FY 2025 Analysis of Mayor's Proposed Budget vs. Final Budget
2024 Q4 Quarterly Revenue Analysis
Rating and Outlook Changes for Chicago Bonds
Analysis of Mayor's Bond Proposal
Data Dashboards
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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Contact Us -
121 N. LaSalle St, Room 200
Chicago, IL 60602
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Janice Oda-Gray
Chief Administrative Officer