Committee on Finance meeting, June 15, 2026
- When: Mon, Jun 15, 2026, 11:00 AM (Chicago time)
- Where: City Council Chamber, 2nd Floor, City Hall, 121 North LaSalle Street - Chicago, IL 60602
- Status: Scheduled & Published
- Committee: Committee on Finance
- Video: https://vimeo.com/showcase/8928482?video=1200527375
- Transcript: full text (19,075 words, automatic captions)
Meeting notes
AI-written from the transcript. Speakers are inferred from cues in the recording, so treat names as estimates and check the video at the linked time.
The Finance Committee considered nine agenda items, including a monthly Rule 45 report, three Department of Law settlement recommendations, a substitute ordinance amending the social-media amusement tax, and five intergovernmental agreements for TIF-funded projects. All items were approved, most by a do-pass recommendation. The meeting also featured extensive public comment on a proposed artificial-turf field for Mariano Azuela Elementary School.
Topics: Rule 45 monthly report, Department of Law settlement approvals, Social-media amusement tax amendment, Lake Shore East bond servicer change, TIF-funded school and park projects
Agenda items discussed
- 47:48 Monthly Rule 45 report: passed
- 48:11 Department of Law settlement – Jones v. City of Chicago: passed
- 56:07 Department of Law settlement – Nina Hunt case: passed
- 1:05:03 Department of Law settlement – Navarro-Escobedo case: passed
- 1:24:06 Substitute ordinance amending the Social-Media Amusement Tax (SMART tax): passed
- 1:38:24 Ordinance appointing successor servicer for Lake Shore East special-assessment bonds: passed
- 1:42:27 Ordinance authorizing Abrams Intergenerational Village multifamily/TIF project: passed
- 1:59:08 Intergovernmental agreement for Madigan Park artificial-turf field (Azuela Elementary): passed
- 2:08:15 Intergovernmental agreement for George Rogers Clark Elementary TIF improvements: passed
Alderpersons who spoke
- Pat Dowell (chair): Requested a motion to approve the monthly Rule 45 report. (47:48); Called for any questions after the Jones settlement presentation. (55:47); Acknowledged the motion to recommend a do-pass for the settlement recommendation. (1:04:52)
- William Conway (chair): Called the roll for Vice Chair William Conway at the start of the meeting. (14:12); Asked for clarification on the officers’ statements during the radio call about the pursuit. (1:12:23); Requested the law department to address potential federal pre-emption issues with the SMART tax amendment. (1:31:29)
- Raymond A. Lopez (alderperson): Moved to allow six aldermen to participate remotely under Rule 59. (15:42); Asked Alderman Marty Quinn about the law department’s actions regarding a recent appellate filing. (1:13:21); Responded to Alderman Marty Quinn point about officer speed, noting the officers were traveling 48 mph. (1:19:50)
- Marty Quinn (alderperson): Asked for clarification about the officers’ speed (48 mph) during the pursuit incident. (1:20:15); Provided the GPS data confirming the officers were traveling 48 mph. (1:20:34); Moved a due-pass recommendation for the Rule 45 report. (1:58:52)
- Anthony Beale (alderperson): Asked a couple of observations about the settlement case after the presentation. (1:00:33); Thanked the chair after the discussion of the settlement recommendation. (1:02:13)
- Ronnie L. Mosley (alderperson): Suggested that the city should increase the frequency of sidewalk inspections. (1:04:22); Moved a do-pass recommendation for the settlement recommendation. (1:04:49)
- Jeanette B. Taylor (alderperson): Made the motion to approve the monthly Rule 45 reports. (47:58)
- Scott Waguespack (alderperson): Agreed with Alderman Riley’s point about the need for quicker sidewalk repairs. (1:04:14); Commented on the need to consider litigation costs for the SMART tax. (1:36:06)
- Byron Sigcho-López (alderperson): Moved to allow six aldermen to participate remotely under Rule 59. (15:42)
Exchanges between members
- 1:13:21 Alderman Raymond A. Lopez asked Alderman Marty Quinn about the law department’s actions on a recent appellate filing.
- 1:20:20 Alderman Marty Quinn responded, confirming the officers were traveling 48 mph during the pursuit.
- 1:04:14 Alderman Scott Waguespack said “ditto” to Alderman Riley’s comment on sidewalk repairs.
- 1:19:50 Alderman Raymond A. Lopez clarified the officer speed issue after Alderman Marty Quinn question.
- 1:31:00 Alderman Raymond A. Lopez asked about the grounds of the lawsuit concerning the SMART tax.
- 1:34:21 Alderman Raymond A. Lopez listed the constitutional and statutory issues cited in the lawsuit.
- 1:37:48 Alderman Ronnie L. Mosley moved a do-pass recommendation for the Lake Shore East ordinance.
- 1:58:52 Alderman Marty Quinn moved a due-pass recommendation for the Rule 45 report.