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:  
   
 
 

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

   
 

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

   
  The Cook County Forest Preserve District maintains over 70 miles of bicycle trails.
   
     
     
     



Toni Preckwinkle, Jesus 'Chuy' Garcia agree on plan for county revenue forecasting commission

Thursday, October 18, 2018
Chicago Tribune
by Gregory Pratt

 

Toni Preckwinkle, Jesus 'Chuy' Garcia agree on plan for county revenue forecasting commission

Commissioner Jesus “Chuy” Garcia and Board President Toni Preckwinkle have reached a compromise on an independent commission that would forecast Cook County revenue in advance of future budgets.

Preckwinkle and Garcia, her floor leader who is running for Congress, had been in conflict over the proposal for months. With Garcia’s time on the board expiring, he kept working to get the votes to pass the measure through the County Board but this week announced a compromise with Preckwinkle.

The compromise measure will have the county’s chief financial officer provide revenue estimates and assumptions for review to three independent members of the commission made up of two economics experts and one public finance expert, Preckwinkle said.

The review will coincide with the start of the county’s annual budget process, she said. The chief financial officer will be required to share quarterly updates on revenue projections.

The plan will cost about $100,000 per year, a county spokesman said. Earlier estimates put the commission at $600,000.

READ MORE: Higher health care costs fuel $700M in new spending under Cook County Board President Toni Preckwinkle’s $5.9B budget plan »

“Neither side is totally happy with the outcome,” Garcia said, “which could be an indication of a real compromise.”

He said he hopes that in the future the commission “is something that can be built on as the board makes difficult revenue choices.” He said it’s expected to be in place by December.

“As we’re experiencing at the health and hospital system, the complexity of finances really should be a wake-up call for the board to acquire more tools and grow its capacity to engage in both the generation of revenues as well as the expenditure of revenues that come in,” Garcia said.

Preckwinkle praised her staff while making the announcement. She said the considered the agreement “a reasonable compromise.”

“I want to be clear that our Bureau of Finance’s recent record of financial forecasting has been excellent. In fact in the past three years, (the) bureau’s projections versus actual collections of home rule taxes have been within 2 percent in each year,” she said.

Preckwinkle is running for mayor of Chicago and is chairwoman of the Cook County Democratic Party. Garcia was considering a run for mayor but ultimately decided against it because he’s already on the Nov. 6 ballot for the U.S. House of Representatives.

gpratt@chicagotribune.com

 



Recent Headlines

U.S. appeals judges: Go fight over lawsuits with Dorothy Brown in state court
Sunday, November 13, 2918
Chicago Sun-Times

She's been waiting 15 months for her rape kit to be processed. A new proposal to track evidence aims to change that.
Wednesday, November 14, 2018
Chicago Tribune

Preckwinkle to unveil policy roadmap for Cook County for next five years
Wednesday, November 14, 2018
Chicago Sun-Times

COMMENTARY: Here's how the Shakman case curbed Cook County patronage
Tuesday, November 13, 2018
Chicago Tribune

Appeals court backs Dorothy Brown in lawsuit over public access to electronic records, says judge overstepped authority
Tuesday, November 13, 2018
Chicago Tribune

What’s Next As Voters Overwhelmingly Support Higher Minimum Wage, Paid Sick Time
Monday, November 12, 2018
Journal and Topics Online

Cook County Board President Toni Preckwinkle's security chief fired after review spurred by watchdog report
Thursday, November 08, 2018
Chicago Tribune

An earlier opening day: 2019 Cook County forest preserves permits go on sale Nov. 15
Thursday, November 08, 2018
Chicago Tribune

Cook County opening 2019 picnic permit sales Nov. 15
Monday, November 05, 2018
Special to suffredin.org

The Cook County Land Bank looks to go commercial
Monday, November 05, 2018
RE Journal

Nov. 15 is new opening date for Cook County forest preserves permits
Monday, November 05, 2018
Daily Herald

Cook County Gun Dealer, Minimum Wage Referendums On Ballot
Monday, November 05, 2018
Patch

The Abandoned WWI Monument One Chicago Man Is Determined To Save
Friday, November 02, 2018
Chicago Patch

Cook County freed from federal oversight
Thursday, November 01, 2018
Chicago Daily Law Bulletin

First-of-its-kind trauma recovery center serves survivors of domestic violence, hate crimes, sexual assault, gun violence in Cook County
Monday, October 29, 2018
ABC 7

Northbrook opts in to Cook County paid sick leave ordinance, more uncertainty for employers, lawyer says
Monday, October 29, 2018
Cook County Record

First-of-its-kind Advocate Trauma Recovery Center serves survivors of domestic violence, hate crimes, sexual assault, gun violence in Cook County
Monday, October 29, 2018
WLS Channel 7

Cook County sheriff, CVS team up on safe prescription painkiller disposal
Saturday, October 27, 2018
Chicago Sun-Times

HOPE Court, created to keep probationers out of prison, shut down amid problems
Friday, October 26, 2018
Chicago Sun-Times

Can Kaegi really reform the assessor's office?
Friday, October 26, 2018
Crain's Chicago Business

all news items

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