Budget and Financial News

Cook County Board President Toni Preckwinkle announced today important changes to the Cook County Highway Department, renaming it the Department of Transportation and Highways, broadening the scope of the Department’s mission to take focus on regiona
“The Cook County Board approved an ordinance on July 24, 2012 to introduce a new credit structure and capital funding source for County highway projects.

Cook County’s Department of Budget and Management Services has been recognized for meeting the highest principles of governmental budgeting, President Preckwinkle announced today.

Cook County Board President Toni Preckwinkle and Chicago Mayor Rahm Emanuel today announced that in the first year of the City-County collaboration, $33.4 million has been saved, and that over 85 percent of the savings will recur on an annual basis.
Cook County Board President Toni Preckwinkle today released the preliminary budget for Fiscal Year 2013, projecting a shortfall of $267.5 million. The latest projection is a clear sign of the progress being made to stabilize County finances after pr