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City Council adopts financial analysis office

from Chicago Tribune

Chicago aldermen voted Dec. 11 to give themselves a way to check the math behind big-ticket, politically combustible deals that come out of the mayor's office, but the new Office of Financial Analysis ended up pleasing few on the City Council. Some don't want $3,000 diverted from their closely guarded discretionary spending accounts to help pay for bureaucrats they're not convinced will have enough to do. Others questioned how independent the office will be and whether it'll have real teeth. The widespread displeasure and unanswered questions didn't stop those who pushed for the measure from claiming victory and declaring that win important. more

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