Budget and Financial News
Finance Committee, then Board to consider team to lead mixed-use project
A private redevelopment agreement and land lease for Old Cook County Hospital and adjacent land will be presented to the Cook County Board of Commissioners April 13 and referred
A recent Illinois Supreme Court decision will allow Cook County to collect about $3 million in unpaid taxes, as well as generate another $1 million in tax revenue annually from Midwest Gaming, owner and operator of Rivers Casino in Des Plaines.
We appreciate that Fitch Ratings recognizes our efforts to help address the solvency of the Cook County Pension Fund.
The Cook County Board of Commissioners today approved the FY 16 budget, a comprehensive plan to increase efficiency, cut the County’s tax-supported expenditures by almost $112 million and address long-term fiscal challenges.
Today, with the support of the Board of Commissioners, we successfully culminated months of work with passage of the FY 16 budget.