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Audit of Department of Finance’s Management of Outstanding Debt

April 16, 2026

Summary

The Office of Inspector General (OIG) conducted an audit of the Department of Finance’s (DOF) management of outstanding debt owed to the City of Chicago.

Executive Summary

The objectives of OIG’s audit were to:

  1. determine whether DOF can identify all debts owed to the City and the corresponding debtors;
  2. determine whether DOF’s management practices support the collection of outstanding debt; and
  3. describe the community’s experience with DOF’s debt-collection practices.
Audit of Department of Finance’s Management of Outstanding Debt - publication cover