The Chicago Department of Finance: What You Need to Know - Explore blend (2024)

The Chicago Department of Finance: What You Need to Know - Explore blend (1)
The Chicago Department of Finance

The Chicago Department of Finance is the city’s agency responsible for managing and overseeing the city’s finances, revenues, and expenditures. The department provides various services and programs for the residents, businesses, and visitors of Chicago, such as tax collection, utility billing, parking and red light tickets, payment plans, and more. In this article, we will explore some of the key functions and features of the Chicago Department of Finance, and how you can access and benefit from them.

What does the Chicago Department of Finance do?

The Chicago Department of Finance has several divisions and offices that perform different tasks and roles, such as:

  • The Revenue Division collects and administers various taxes and fees, such as sales tax, amusem*nt tax, hotel tax, vehicle sticker fee, and more. It also issues business licenses and permits, and enforces tax compliance and regulations.
  • The Utility Billing and Customer Service Division handles the billing and collection of water, sewer, and garbage fees for residential and commercial customers. It also provides customer service and assistance for billing inquiries, disputes, and adjustments.
  • The Administrative Hearings Division conducts hearings and adjudicates violations of various city ordinances, such as parking and red light tickets, building code violations, animal care and control violations, and more. It also offers online and in-person payment options, payment plans, and hardship programs for eligible violators.
  • The Accounting and Financial Reporting Division prepares and publishes the city’s financial statements, reports, and budgets, such as the Comprehensive Annual Financial Report (CAFR), the Annual Appropriation Ordinance (AAO), and the Annual Financial Analysis (AFA). It also maintains and reconciles the city’s general ledger, accounts payable, and accounts receivable.
  • The Debt Management Division manages and administers the city’s debt portfolio, which includes various types of bonds, notes, and loans. It also oversees the city’s credit ratings, debt service payments, and debt issuance and refunding.
  • The Risk Management Division administers the city’s self-insurance program, which covers various types of claims and losses, such as workers’ compensation, general liability, property damage, and more. It also provides risk management and loss prevention services and training for city departments and employees.
  • The Treasury Division manages and invests the city’s cash and funds, such as the Corporate Fund, the Water Fund, the Sewer Fund, and more. It also provides banking and cash management services for city departments and agencies.

How can you access and benefit from the Chicago Department of Finance?

The Chicago Department of Finance provides various ways for you to access and benefit from its services and programs, such as:

  • The Chicago.gov/finance website is the official website of the department, where you can find information, forms, and resources on various topics, such as taxes, fees, licenses, permits, tickets, utility billing, payment plans, and more. You can also pay online for various items, such as water bills, parking and red light tickets, business taxes, and more.
  • The City of Chicago Department of Finance letter is a letter that the department sends to customers who have outstanding balances or issues with their accounts, such as overdue water bills, unpaid parking and red light tickets, delinquent business taxes, and more. The letter provides information on how to resolve the issue, such as paying online, requesting a hearing, applying for a payment plan, or contacting customer service.
  • The City of Chicago Department of Finance phone number is the main phone number of the department, which is (312) 744-3353. You can call this number to speak with a customer service representative, who can assist you with various questions and issues, such as billing inquiries, payment options, account status, and more. You can also use this number to access the automated phone system, which allows you to pay for various items, such as water bills, parking and red light tickets, business taxes, and more.
  • The City of Chicago tickets are tickets that the department issues for various violations of city ordinances, such as parking and red light violations, building code violations, animal care and control violations, and more. You can pay for these tickets online, by phone, by mail, or in person. You can also request a hearing, apply for a payment plan, or seek a hardship program if you are eligible.
  • The City of Chicago Department of Finance change service requested is a form that the department requires customers to fill out and submit when they want to change their service, such as starting, stopping, or transferring their water service, or updating their account information, such as name, address, phone number, or email. You can find this form on the department’s website, or request it by phone or mail.
  • The City of Chicago finance water bill is the bill that the department sends to customers who use the city’s water and sewer services. The bill includes various charges and fees, such as the water usage charge, the sewer usage charge, the garbage fee, and the water-sewer tax. You can pay for this bill online, by phone, by mail, or in person. You can also request a billing adjustment, dispute a charge, or apply for a payment plan if you are eligible.

Conclusion

The Chicago Department of Finance is an important and useful agency that manages and oversees the city’s finances, revenues, and expenditures. It provides various services and programs for the residents, businesses, and visitors of Chicago, such as tax collection, utility billing, parking and red light tickets, payment plans, and more. You can access and benefit from these services and programs through various channels, such as the department’s website, phone number, letter, and more. The Chicago Department of Finance is here to help you with your financial needs and obligations in the city.

FAQs

What is the biggest employer in Chicago?

The biggest employer in Chicago is the federal, state, and local government, which employs about 12% of the city’s workforce, according to the U.S. Bureau of Labor Statistics. The government sector includes various agencies and departments, such as the Chicago Public Schools, the Chicago Transit Authority, the Chicago Police Department, and the Chicago Department of Finance.

Who is the CFO of the City of Chicago?

The CFO of the City of Chicago is Jennie Huang Bennett, who was appointed by Mayor Lori Lightfoot in 2019. She is responsible for overseeing the city’s financial operations, budget, debt, and investments. She also serves as the city’s treasurer and comptroller. She has over 20 years of experience in finance, management, and consulting.

What is Chicago best known for?

Chicago is best known for its rich and diverse culture, history, and attractions. Some of the things that Chicago is famous for are:

  • Its architecture, such as the Willis Tower, the John Hanco*ck Center, the Cloud Gate, and the Navy Pier.
  • Its food, such as the deep-dish pizza, the Chicago-style hot dog, the Italian beef sandwich, and the popcorn mix.
  • Its sports, such as the Chicago Bulls, the Chicago Bears, the Chicago Cubs, and the Chicago Blackhawks.
  • Its music, such as the blues, jazz, gospel, and house music.
  • Its museums, such as the Art Institute of Chicago, the Field Museum, the Museum of Science and Industry, and the Shedd Aquarium.
  • Its festivals, such as the Taste of Chicago, the Chicago Jazz Festival, the Chicago Blues Festival, and the Lollapalooza.
The Chicago Department of Finance: What You Need to Know - Explore blend (2024)
Top Articles
Latest Posts
Article information

Author: Ms. Lucile Johns

Last Updated:

Views: 6214

Rating: 4 / 5 (61 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Ms. Lucile Johns

Birthday: 1999-11-16

Address: Suite 237 56046 Walsh Coves, West Enid, VT 46557

Phone: +59115435987187

Job: Education Supervisor

Hobby: Genealogy, Stone skipping, Skydiving, Nordic skating, Couponing, Coloring, Gardening

Introduction: My name is Ms. Lucile Johns, I am a successful, friendly, friendly, homely, adventurous, handsome, delightful person who loves writing and wants to share my knowledge and understanding with you.