2021 pandemic budget plan from Cook County Board President Toni Preckwinkle includes dipping into reserve fund, no tax hikes – Chicago Tribune*

Besides the use of reserves, Preckwinkle’s plan to fill the $222.2 million forecast general fund gap calls for the $61.3 million-saving elimination of 659 full-time equivalent vacant positions, an expected $27.7 million revenue jump from Chicago tax increment financing and county sales tax projections, and $50 million in reimbursements from federal CARES Act money before it expires in December.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

A statewide concern: Illinois’ population decline outpaces neighboring states – Wirepoints on ABC20 Champaign

“We are not in good shape” Wirepoints’ Ted Dabrowski told ABC 20 Champaign during a segment on Illinois’ latest population losses. Illinois was one of just three states to shrink in the 2010-2020 period and has lost another 300,000 people since then. Ted says things need to change. “It’s too expensive to live here, there aren’t enough good jobs and nobody trusts the government anymore. There’s just other places to go where you can be more satisfied.”

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE