Suffredin- An Advocate for All of Us  
 

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.
   
     
     
     



President Preckwinkle Announces Modification To The Proposed Buy Local Tax

Monday, October 29, 2012

Chicago, IL-(ENEWSPF)- Cook County Board President Toni Preckwinkle announced today a modification to the proposed Buy Local Tax, which incentivizes businesses and residents to buy goods in Cook County by increasing the exemption from $2,500 to $3,500 in annual purchases. 


The change will provide businesses and residents more leeway to purchase goods throughout the year.  President Preckwinkle made the decision after hearing from members of the Board of Commissioners, as well as a number of Cook County businesses and residents. 

“We want to encourage businesses to buy within Cook County. Today we are sending a clear message that County Government is making it easier for local business to thrive in our communities, expand their operations and hire new workers,” President Preckwinkle said.  “Compromise and consensus have been my top priorities throughout the budget process.  The economic policies in this year’s budget will help make Cook County a more vibrant economic hub in the region for years to come. ”

The 2013 Budget includes a proposed 1.25% use tax on non-titled property. The tax is on a set of goods bought outside of Cook County, but used in the county. The ‘Buy Local Tax’ seeks to aid local businesses by closing a loophole that allows those who go outside the County to purchase personal property and avoid paying County taxes. 

“By leveling the playing field for businesses trying to grow and thrive in Cook County, the Buy Local Tax will help drive competition and encourage new opportunities for companies located here,” said John W. Rogers, Chairman and CEO of Ariel Investments and a co-chair of President Preckwinkle’s Council of Economic Advisors. 

“We want people to buy their products from Cook County businesses,” said Commissioner Jeffrey Tobolski (16th District). “The county is projecting about $14 million from the use tax next year. That translates to goods valued at more than $1.1 billion being purchased outside of Cook County, but being brought here for use. If businesses and individuals bought those goods inside Cook County, they’d save more than $5 million and we’d benefit from all the related economic activity.”

President Preckwinkle also will seek to enhance her administration’s commitment to small and local businesses by increasing the County’s Local Business Preference, an incentive aimed at increasing opportunities for local businesses with a majority of their workforce in Cook County that do business with the County.  The local business preference will be increased to five percent from two percent for the goods and services the county buys.  This change is intended to help strengthen the local economy, increase the level of investment in the community and promote job growth. 

The 2013 Budget also contains the final .25% rollback of the Stroger Sales Tax Increase which will take effect January 1, 2013.  This tax cut saves County residents $86 million in 2013, and $440 million overall since the rollback began in 2010.  This tax cut fulfills the President’s pledge to the businesses and residents of Cook County.



Recent Headlines

Editorial: What happened to the elk?
Friday, August 10, 2018
Chicago Tribune

Wells Fargo to offer $15,000 grants to potential Cook County homebuyers
Thursday, August 09, 2018
Chicago Tribune

Suit alleges Cook County detainees secretly monitored in bathrooms in holding cells at courthouses
Wednesday, August 08, 2018
Chicago Tribune

Half the elk at Busse Woods died last year, and officials aren’t sure why
Tuesday, August 07, 2018
Chicago Tribune

A letter from Dr. Jay Shannon regarding gun violence and Stroger Hospital
Tuesday, August 07, 2018
Special to suffredin.org

As Evanston adapts to minimum wage hike, nearby towns say they have no plan to join in
Tuesday, August 07, 2018
Chicago Tribune

Lawsuit could blast a $250 million hole in county budget
Monday, August 06, 2018
Crain's Chicago Business

Pappas: Automatic refunds of $19.5 million going to 53,000 homeowners because of property tax cuts
Monday, August 06, 2018
Special to suffredin.org

Thousands of Cook County homeowners to receive property tax refunds
Monday, August 06, 2018
Chicago Sun-Times

Cook County Board Adopts Resolution Concerned With Foxconn Impacts
Thursday, August 02, 2018
Journal and Topics Media Group

FBI: Ex-employee alleges Dorothy Brown picked up cash payoffs at bagman's home
Thursday, August 02, 2018
Chicago Tribune

Demolition of MWRD dam to clear way for fish and recreation
Wednesday, August 01, 2018
Special to suffredin.org

EXCLUSIVE: Sheriff Tom Dart to pair inmates with pet dogs
Wednesday, August 01, 2018
Chicago Sun-Times

County Minimum Wage, Sick Time Advisory Questions Approved for November Ballot
Wednesday, August 01, 2018
Journal and Topics Media Group

Editorial: Berrios and Kaegi: What a new assessor can and can't fix
Thursday, July 26, 2018
Chicago Tribune

Your Personal Data May Be Exposed in Cook County Traffic Records
Wednesday, July 25, 2018
CBS Chicago

Garcia avoids public tiff with Preckwinkle, delays plan for county revenue forecasting commission
Wednesday, July 25, 2018
Chicago Tribune

Cook County TIF districts bring in $1 billion
Tuesday, July 24, 2018
Chicago Sun-Times

Cook County board moves to prevent repeat of pop tax fiasco
Friday, July 20, 2018
Crain's Chicago Business

Cook County forest worker was going 76 mph in 30 mph zone, had THC in system during fatal crash while on job: prosecutors
Thursday, July 19, 2018
Chicago Tribune

all news items

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