# Designation of municipal depositories for City of Chicago and Chicago Board of Education for Fiscal Year 2026

[Legislation tracker](https://www.chicagopolitics.org/tracker) › [Finance](https://www.chicagopolitics.org/committee/finance)

- Record number: **O2026-0022467**
- Type: Ordinance; category: Finance Funds
- Status: Final (Passed)
- Sponsor: Johnson, Brandon
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Submitted Date: Jan 16, 2026
- Introduction Date: Jan 21, 2026
- Final Action Date: Feb 18, 2026
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=840F9C9F-F1F2-F011-8406-001DD80FF597)

## Timeline

- Jan 21, 2026: Referred, City Council. The matter was Referred to Committee.
- Feb 11, 2026: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
- Feb 18, 2026: Passed, City Council (49 yea, 0 nay), at the [City Council meeting](https://www.chicagopolitics.org/meeting/AADBA854-DDF6-F011-8406-001DD8080DE8). On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Harris, the matter was Passed.

## Documents

- [O2026-0022467 C.L. Finance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/bc475318-eba4-4470-8782-e6842456bffd.pdf) (Committee Letter)
- [O2026-0022467 EDS Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b71a062f-f6db-4310-829f-17a5f58b089b.pdf) (EDS)
- [O2026-0022467 Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/d8bc55d8-8256-4fed-9e2c-b518c51a5084.pdf) (Legislation)
- [O2026-0022467 Mayoral Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/fe24c64b-b39d-4a55-8285-0d4a78351220.pdf) (Miscellaneous)

## Related legislation

**More from Johnson, Brandon**

- [Executive Order No. 2026-7 (Senior Bill of Rights and Establishing the Mayor's Office on Aging)](https://www.chicagopolitics.org/matter/F2026-0029547-executive-order-no-senior-bill-rights) (F2026-0029547, introduced Dec 8, 2026, Placed on File)
- [Issuance of general obligation bonds (2027-2028 General Obligation Borrowing Ordinance)](https://www.chicagopolitics.org/matter/O2026-0029650-issuance-general-obligation-bonds-general-obligation) (O2026-0029650, introduced Oct 21, 2026, Referred)
- [Fiscal Year 2027 Budget Recommendations](https://www.chicagopolitics.org/matter/O2026-0029642-fiscal-year-2027-budget-recommendations) (O2026-0029642, introduced Oct 21, 2026, Referred)

**More on Finance Funds**

- [Expenditure of portion of Motor Fuel Tax (MFT) funds allocated to City of Chicago for Year 2027](https://www.chicagopolitics.org/matter/O2026-0029646-expenditure-portion-motor-fuel-tax-mft) (O2026-0029646, introduced Oct 21, 2026, Referred)
- [Sixty-sixth amending agreement with SomerCor 504, Inc. to increase funding to select tax increment financing (TIF) redevelopment project…](https://www.chicagopolitics.org/matter/SO2026-0028810-sixty-sixth-agreement-somercor-504-inc) (SO2026-0028810, introduced Sep 23, 2026, Passed as Substitute)
- [Sixty-sixth amending agreement with SomerCor 504, Inc. to increase funding to select tax increment financing (TIF) redevelopment project…](https://www.chicagopolitics.org/matter/O2026-0027305-sixty-sixth-agreement-somercor-504-inc) (O2026-0027305, introduced Jul 15, 2026, Referred)

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Source: https://www.chicagopolitics.org/matter/O2026-0022467-depositories-city-chicago-chicago-board-education · Chicago Politics, an independent tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt