Suffredin- Changing County Government  
 

Accountability
Forest Preserves
Public Safety
Cook County Budget
Forest Pres. Budget
Property Tax Appeal
Health & Hospitals
Land Bank Authority
Policy Resolutions
Unsung Heroine

 

   
 
   
   
 
   
     
  Office phone numbers:  
   
 
 

Search current and proposed Cook County Legislation in Larry's exclusive legislative library.

   
 

The Cook County Code of Ordinances are the current laws of Cook County.

   
  The Chicago Board of Trade and the Chicago Mercantile Exchange trade 60% of the world futures contracts.
   
     
     
     



Preckwinkle presents new CFO, girds for budget battle

Wednesday, January 19, 2011
Daily Herald
by Ted Cox

In presenting her new chief financial officer, Cook County Board President Toni Preckwinkle delivered an implicit ultimatum to her fellow countywide elected officials: Cut budgets 21 percent across the board this week, or she’ll do it for them.

“We’re required to submit a balanced budget,” she said. “We hope for their help and cooperation. And we’ll submit a balanced budget whether or not we get their help and cooperation.”

Preckwinkle set a Thursday deadline for other elected officials to make the cuts she’s asked to make up an estimated $487 million deficit in the $3 billion county budget. Most countywide elected officials have already agreed to cut their budgets 16 percent annually, 21 percent with the shortened fiscal year as the 2011 budget is passed at the end of the first quarter.

Yet Sheriff Tom Dart and Cook County State’s Attorney Anita Alvarez have not publicly committed to making the cuts.

Both have pleaded the fixed costs of law enforcement, with Dart citing the court-ordered requirement to actually add officers at the Cook County Jail as part of a lawsuit settlement.

“We believe they can (make cuts), and we have to make them in order to make the budget balance,” Preckwinkle said. “We asked for shared sacrifice. ... No one will be alone, and no one will be absolved.”

Preckwinkle has set a Thursday deadline for departmental budgets. Hearings begin next week as Preckwinkle prepares to submit a proposed budget at a county board meeting Feb. 1. By law, it has to be passed by the end of the first quarter next month.

“The county’s 2011 budget will take center stage for the next six weeks,” Preckwinkle said in announcing the appointment of former Chicago comptroller Tariq Malhance as her chief financial officer. “The public is counting on us to deliver a responsible budget in the short term and a new sustainable model for the way we utilize their tax dollars over the long term. We’re working diligently toward those goals,” she added, and Malhance is key to that.

“Our first order of business is to submit a balanced budget and insure that it is approved by the end of February,” said the 66-year-old Malhance, who worked on Chicago’s $6 billion budget as city comptroller from 2002 to 2005.

Malhance served 25 years in public finances with Chicago, where he first worked with Preckwinkle as a Hyde Park alderman. Since retiring in 2005, he has been senior vice president of private equity of Unicorn Investment Bank and president of UIB Capital.

In spite of the current budget deficit, Malhance echoed Preckwinkle’s pledge to “roll back the county’s sales tax,” to the previous 0.75 percent, after Preckwinkle’s predecessor, Todd Stroger, raised it a full percentage point, an increase cut in half last year.

Malhance’s salary was set at $176,000, which is what previous CFO Jaye Williams received before getting a raise of more than $50,000. “We’re going to bring that salary back in line,” said Preckwinkle’s Chief of Staff Kurt Summers Jr.

Preckwinkle said that was typical of the Stroger administration, which padded a $2.3 million budget for personnel out to $2.9 million. Because of that, she said, she was cutting personnel in the president’s office by $1 million to get to the required level of reductions.



Recent Headlines

Western Springs Board votes to follow county ordinance, raising minimum wage to $11 this year
Tuesday, April 24, 2018
Pioneer Press

Mother files complaint, says while she was at Daley Center for jury duty, staff sent her to men’s room to pump breast milk
Monday, April 23, 2018
Chicago Tribune

Challenge to filing fee has some worth
Monday, April 16, 2018
Chicago Daily law Bulletin

Tougher SNAP rules worry providers
Friday, April 13, 2018
Modern Healthcare

Cook County tax officials take excess campaign donations from appeals firms, ethics panel says
Friday, April 13, 2018
Chicago Tribune

Cook County’s 'Next Century' Plan To Maintain Forest Preserves
Wednesday, April 11, 2018
WBEZ

What happens when a hospital sells its debt?
Tuesday, April 10, 2018
WWNO New Orleans Public Radio

Federal funds to bolster election security may fall short in Chicago, Cook
Monday, April 09, 2018
Chicago Sun-Times

New autopsy rulings bring Cook County cold death total to 31 this season
Thursday, March 29, 2018
Chicago Sun-Times

Forest Preserves of Cook County Summer Day Camp Registration Opens April 2
Thursday, March 29, 2018
Special to suffredin.org

Cook County sues Facebook, Cambridge Analytica after alleged misuse of millions of Illinoisans' data
Monday, March 26, 2018
Chicago Tribune

Unsung Heroine Award to Emily Guthrie
Wednesday, March 21, 2018
Evanston Roundtable

Editorial: In four letters, why people leave Cook County: J-O-B-S
Wednesday, March 21, 2018
Chicago Tribune

In a twist, Cook County wins $9 million verdict tied to jail strip-search settlement
Tuesday, March 20, 2018
Chicago Tribune

15 got promotions from Court Clerk Dorothy Brown within 6 months of donations
Friday, March 16, 2018
Chicago Sun-Times

Assessor Berrios loses court fight to overturn Cook County's limits on campaign donations
Wednesday, March 14, 2018
Chicago Tribune

$70 million and counting? Cook County taxpayers face massive tab for sheriff board firings
Wednesday, March 14, 2018
Chicago Tribune

Commentary: Dart's misguided approach to jail reform
Monday, March 12, 2018
Chicago Tribune

Editorial: Commissioners: Shelve this Cook County job killer
Monday, March 12, 2018
Chicago Tribune

Cook County alerting investors, delinquent property taxpayers of coming tax sale
Friday, March 09, 2018
Chicago Sun-Times

all news items

Paid for by Larry Suffredin and not at taxpayer expense. A Haymarket Production.
^ TOP