Ordinance O2023-0005554
Stale
Amendment of Municipal Code Section 2-8-050 by modifying annual aldermanic expense allowance based on rate of inflation as determined by Consumer Price Index
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Effective January 1, 2024, Chicago's City Council revises the Municipal Code, allotting $122,000 for Aldermanic expenses in official duties. Adjusted annually by inflation rate via the Consumer Price Index, increases are capped at 2.5 percent, determined by the budget director, and take effect on January 1 of the subsequent fiscal year.
