Budget and Financial News

RSS Feed

President Toni Preckwinkle Unveils Preliminary Budget Forecast for Fiscal Year 2023

Notes potential future fiscal challenges while highlighting smallest gap since taking office

READ MORE
Budget and Financial

Cook County issues notice to Minimum Wage Ordinance

Today, Cook County issued a notice to employees regarding the Minimum Wage Ordinance (MWO).

Effective July 1, 2022, the minimum wage will increase to $13.35 for non-tipped workers and $7.40 for tipped employees.

READ MORE
Budget and Financial

President Preckwinkle Highlights Nearly $300 Million Pandemic Relief Plan

First steps in planned $700 million for community programs over next several years

READ MORE
Budget and Financial

Cook County Board of Commissioners Unanimously Approves $8 Billion FY22 Budget

Today, the Cook County Board of Commissioners approved a balanced $8 billion FY2022 budget which equitably addresses the County’s ongoing pandemic response efforts while not increasing taxes or cutting critical services.

READ MORE
Budget and Financial

Statement from Cook County Board President Toni Preckwinkle on Recent Credit Ratings Upgrades

We are pleased with Fitch Ratings decision to upgrade Cook County’s ratings from A+ to AA- with a stable outlook. Furthermore, S&P also moved the outlook for the County to stable from negative and Moody’s reaffirmed its rating as well.

READ MORE
Budget and Financial