(a) The Director shall be appointed upon a recommendation from the Chairman of the Committee on the Budget and Government Operations, and approval by a vote of two-thirds of all members of the City Council. The Director shall serve until their successor is appointed and qualified in accordance with this section.
The Director may be removed at any time, with or without cause, by a two-thirds vote of all the members of the City Council, including by the approval of the Director’s successor in accordance with this section.
(b) The Director shall have, at minimum, the following qualifications:
(1) a graduate degree in finance, economics, business or other relevant field;
(2) experience in municipal finance, or substantially similar equivalent experience; and
(3) no felony conviction.
(c) No current Director or employee of the Office may: (1) hold, or become candidate for, any other elective or appointed public office except for appointments to governmental advisory boards or study commissions or as otherwise expressly authorized by law; or (2) actively participate in any campaign for any elective office. This subsection (c) shall not apply to the Director or any employee of the Office to the extent that it is inconsistent with any law or regulation of the United States or the State of Illinois that preempts home rule.
(Added Coun. J. 12-11-13, p. 72260, § 1; Amend Coun. J. 10-16-19, p. 7101, § 1; Amend Coun. J. 5-22-24, p. 11737, § 1)