News from the Treasurer's Office

City Treasurer's Benchmark Report August 6, 2015 View this email in your browser A N O T E F R O M K U R T It's been a busy summer here at your Chicago City Treasurer's Office! From bringing together Thought Leaders from all of Chicago's 77 neighborhoods at our first ever Quarterly Thought Leader Meeting to introducing a new banking ordinance to the City Council, I am committed to making sure the Treasurer's Office is a resource for all of Chicago. Take the time to see what we've been up to, see how to become more involved and play a role in Our Chicago's future! H E A D L I N E : I N F R A S T R U C T U R E T R U S T Newly named Chair of Chicago's Infrastructure Trust, City Treasurer Kurt Summers discusses opportunities in innovation for Chicago. Read more from the Chicago Sun-Times: Emanuel's Infrastructure Trust gets top-to-bottom overhaul Q U A R T E R L Y E A R N I N G S C A L L Join Treasurer Summers on Tuesday, August 11 at 1 p.m. as he shares the financial performance of Chicago's investment portfolio. The one hour call with an accompanied webcast presentation will provide overviews of the global and national economies as well as Chicago's current fiscal landscape and balance sheet! To register, click here! M U N I C I P A L D E P O S I T O R Y O R D I N A N C E At any given time, Municipal Depositories hold up to $500 million to $1 billion taxpayer dollars. Often, these banks are not held to a higher standard on how often they invest back into the neighborhoods they are located in. In June, Treasurer Summers introduced the Municipal Depository Ordinance to the Chicago City Council. Under the proposal, the Treasurer's Office will be able to publicly disclose how much and often local banks holding taxpayer money are investing into their local communities and hold them to a higher standard. Show your support! If you think this ordinance is good for your neighborhood and small businesses, please contact your alderman and let them know that you want to see it pass with their support. Feel free to write a letter, make a phone call, or set up a meeting. If you'd like more information, email city.treasurer@cityofchicago.org or call 312-744-3356 and ask for Dean. Read more about the MD Ordinance here! Q U A R T E R L Y T H O U G H T L E A D E R M E E T I N G On July 22, Treasurer Summers brought together Thought Leaders from all 77 neighborhoods of Chicago at his first ever Quarterly Thought Leader Meeting held in the City Council Chambers. At the meeting, the Treasurer discussed policy updates and had open dialogue with participants on how the office can be a better resource to our communities. The Treasurer also launched a new 'Sister Neighborhoods' Initiative that matched neighborhoods together to share their ideas and best practices. For more information and photos from the Quarterly Thought Leader Meeting, click here! B U S I N E S S G R O W T H Is your business looking for more the advice and support it needs to continue to succeed? Sign up for ManageHub's August Business Growth Accelerator to learn about the opportunities for your small business growth and increase it's profitability! Visit their website here to sign up, but hurry! Only 50 spots are still available! J O I N A T H I N K T A N K Stay connected! From the Treasurer's visits to each of Chicago's 77 neighborhoods, he has developed Think Tanks with small businesses owners, advocacy groups and community leaders who keep in touch to discuss the current challenges they face and potential opportunities for future economic growth. Would you like to join the Think Tank in your community? Join the Treasurer for monthly conference calls, quarterly meetings, and daily interactions with office staff. Click here to sign up! M I S S O U T ? Did you miss out on our last Benchmark Report? Not to worry! All archives of the Benchmark can be found by clicking this link. Make sure to share with your friends, family and co-workers so all of #OurChicago has the latest news from your City Treasurer's Office! To share our subscription, click here!