(Pictured from left to right) Ald. Proco Joe Moreno; Ald. Toni Foulkes; Ald. Bob Fioretti; Ald. William Burns; Ald. Nicholas Sposato; Emily Miller; Ald. Roderick Sawyer (chief sponsor); Ald. Brendan Reilly; Ald. Pat Dowell; Ald. Scott Waguespack.

By BGA

Today the Better Government Association joined the Union League Club of Chicago, Alderman Rod Sawyer and his fellow colleagues in the Chicago City Council to support a complete, fair and prompt hearing of the full Council of the Privatization Transparency and Accountability Ordinance.

The Better Government Association recognizes that privatization has the potential to offer innovative financing and new revenue streams for Chicago.

But taxpayers will only benefit from privatization if there is a codified process requiring an open and public dialogue about the true benefits and draw backs of potential deals.

To that end, the BGA supports this ordinance, which creates a standard, reliable method of analysis to determine whether a privatization deal truly benefits the community.