CHAPTER 2-32
DEPARTMENT OF FINANCE
Article I.  Organization and Functions
2-32-010   Department established – Composition.
2-32-020   Comptroller – Office created – Appointment.
2-32-030   Comptroller – Powers and duties as fiscal agent.
2-32-031   Debt management policies; retention of rebate calculation agents, financial advisors, consultants, dissemination agents and qualified independent representatives.
2-32-033   Comptroller as director of revenue.
2-32-035   City Asset Lease Agreements (C.A.L.A.) disclosure ordinance.
2-32-040   Comptroller – Supervision of bonds and sureties.
2-32-050   Deputy comptroller.
2-32-055   Municipal marketing authority.
2-32-060   Treasurer – Accounting and reports on city funds.
2-32-065   Treasurer's authority for financial education and outreach programs.
2-32-070   Payments to the city – Records – Bad check fees.
2-32-080   Comptroller – Tax and revenue powers.
2-32-082   Comptroller – Debt collection contracts employing ex-offenders.
2-32-085   Voluntary charitable payroll deductions.
2-32-090   Employees handling public money – Appointment and removal.
2-32-092   Comptroller – Procurement of insurance for the city
2-32-093   Comptroller – Parking and parking administrator.
2-32-094   Indebtedness – Ineligibility for permits and acceptance of applications.
2-32-095   Payments, permits and licenses – Investigations for compliance.
2-32-096   Comptroller – Rules and regulations.
2-32-097   Succession – Transfer of powers.
2-32-098   Effect of transfer on prior actions.
Article II.  Financial Accounts and Reports
2-32-100   Fiscal and municipal year.
2-32-105   Fund appropriation ordinances – Effective date.
2-32-110   Accounting system – Auditing and reports.
2-32-120   Reimbursements to the corporate fund.
2-32-130   Reporting on bond transactions.
2-32-140   Treasurer's cash fund.
2-32-150   Equalization and transfer fund.
2-32-160   Comptroller – Records required.
2-32-170   Forms and records for city departments.
2-32-180   Comptroller – Annual estimates of expenses.
2-32-190   Comptroller – Quarterly audits and statements.
2-32-200   Comptroller – Non-payroll payment reports.
2-32-205   Internal compliance.
2-32-210   Comptroller – Annual statement requirements.
2-32-220   Comptroller – Verification of claims and accounts.
2-32-230   Financial reports by officials – Enforcement of compliance.
2-32-240   Fines imposed through humane societies and other groups.
Article III.  Working Capital Funds
2-32-250   Establishment and use.
2-32-260   Department accounting duties – Inventories.
2-32-270   Financial statements.
2-32-280   Inventory requirements.
2-32-290   Audits – Inventory of funds.
2-32-300   Expenditure restrictions.
2-32-310   Requisitions and purchase orders.
2-32-320   Charges for materials or services – Basis.
2-32-330   Reimbursement of charges.
2-32-340   Credits to other funds.
Article IV.  Payment of Current Obligations
2-32-350   Warrants, checks and electronic funds transfers – Form and signature.
2-32-360   Investigation of vouchered claims.
2-32-370   Warrants – Cancellation conditions and procedures.
2-32-380   Appropriations and fees for paying canceled warrants.
2-32-390   Payment of judgments.
2-32-391   Fees in wage deduction proceedings.
2-32-392   Wage garnishment for municipal debts.
Article V.  Municipal Depositaries
2-32-400   Bids awarded annually – Conditions.
2-32-410   Federal insurance required.
2-32-420   Time deposits – Certificates of deposit.
2-32-430   Statements of resources and liabilities.
2-32-440   Lending and deposit specifications required.
2-32-450   Loan policy – Pledge requirements.
2-32-455   Predatory lenders.
2-32-460   Definitions.
2-32-470   Daily deposit of city funds.
2-32-480   Active banks – Designation authority – Qualifications.
2-32-490   Active banks – Use by treasurer – School funds.
2-32-500   Interest payments on city funds – Report requirements.
2-32-510   Interest on school funds.
Article VI.  Investment of City Funds and Municipal Bonds
2-32-515   Investment policy.
2-32-520   Authorized investments.
2-32-525   Minimum credit quality.
2-32-530   Investments from particular funds.
2-32-540   Investments from aggregate of funds.
2-32-550   Investments in tax warrants.
2-32-570   Custody of securities.
2-32-575   Lending securities.
2-32-580   Sale of securities.
2-32-590   Municipal bonds – Comptroller's endorsements.
2-32-600   Municipal bonds – Repurchase conditions and procedures.
2-32-610   Treasurer's reviews and reports.
2-32-615   Training.
2-32-620   Comptroller – Authority to perform treasurer's securities duties when.
2-32-622   Neighborhood economic development investments – Chicago Community Catalyst Fund.
Article VII.  Acquisition of Realty and Special Assessments
2-32-625   Homeowner assistance program.
2-32-627   Property tax relief program.
2-32-630   Special assessment bonds – Form and contents.
2-32-640   Special assessment bonds – Sale procedures.
2-32-650   Certificate of payment of special assessment.
2-32-660   Collection of special assessments – Delinquencies.
2-32-670   Settlement of tax claims.
Article VIII.  General Obligation Bonds
2-32-680   Issuance conditions.
2-32-690   Bond ordinance – Adoption required – Public hearing.
2-32-700   Bond ordinance – Form and contents.
2-32-710   Bond ordinance – Effect – Signatures.
2-32-720   Bond ordinance – Provisions for payment.
2-32-730   Bond ordinance – Use of proceeds.
2-32-740   Refund bond ordinances.
2-32-750   Bond issuance procedures – Statutory authority.
2-32-760   Judgment tax – Annual levy – Use of funds.
Article IX.  Water Revenue Bonds
2-32-770   Issuance – Authorized when – Effect.
2-32-780   Issuance – Ordinance and public hearing required.
2-32-790   Contents of ordinance.
2-32-800   Repayment from water system funds – Water rates.
2-32-810   Execution of ordinance – Signatures.
2-32-820   Signature validity.
2-32-830   Use of proceeds.
2-32-840   Bond issuance procedures – Statutory authority.
2-32-850   Interim financing – Authorized when.
2-32-860   Interim financing – Approval agreement and procedures.
2-32-870   Interim notes – Terms and conditions.
2-32-880   Interim notes – Revenue for repayment.
2-32-890   Interim note issuance – Statutory authority.
Article X.  Interim Notes
2-32-900   Basic agreement – Negotiation.
2-32-910   Basic agreement – Form.
2-32-920   Individual projects – Ordinance form and contents.
2-32-930   Payment and interest.
2-32-940   Severance clause.
Article XI.  Financing of Cost of Residential Ownership and Development
2-32-950   Definitions for Article XI.
2-32-960   Purpose of Article XI provisions.
2-32-970   Mortgage, bond and other financial powers and duties.
2-32-980   Ordinance authorizing bonds – Contents – Bond specifications.
2-32-990   Covenants in bonds.
2-32-1000   Signature of bonds – Validity of proceedings.
2-32-1010   Securing of bonds.
2-32-1020   Liability limitations for bonds.
2-32-1030   Investment of funds.
2-32-1040   Public building regulations waived.
2-32-1050   Unlawful discriminatory activities.
2-32-1060   Article XI provisions not exclusive.
2-32-1070   Severability clause.
2-32-1080   Construction of ordinance.
Article XII.  Financing Sewer System Costs
2-32-1090   Financing of sewer system costs – City authority.
2-32-1100   Note financing – Basic agreement provisions.
2-32-1110   Form and payment of notes.
2-32-1120   Compliance with statutory provisions.
Article XIII.  Riverwalk Fund
2-32-1300   Riverwalk Fund.
Article XIV.  Workers’ Compensation
2-32-1400   Program administration.
2-32-1410   Annual report.
Article XV.  Police and Fire Medical and Hospital Care
2-32-1500   Program administration.
2-32-1510   Duties of department heads.