Cook County is projecting a nearly $86 million deficit in its budget for the next fiscal year.
Cook County Board President
says she is confident that she'll be able to fill the gap with some "tweaking" and will not have to raise taxes or fees.SUBSCRIBE TO FOX 32 ON YOUTUBEThe budget does not include $1 billion in federal COVID-19 relief funds, which are being spent separately on mostly one-time investments.that I have read and agree
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Inflation, job vacancies combine for Cook County budget surplusCook County Board President Toni Preckwinkle has rolled out her annual budget forecast, an early look at the county’s year-end projections for spending and revenue in 2023 and a look ahead at 2024. The expected shortfall heading into 2024: $85.6 million.
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Preckwinkle: No new taxes, fees needed to close Cook County's anticipated budget gapCook County Board President Toni Preckwinkle said no new taxes or fees are necessary to close an expected $86 million budget gap next fiscal year caused largely by reduced state funding and medical costs associated with asylum seekers.
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