Chicago - Preckwinkle Unveils Plan to Close $410M Budget Gap in 2021 Without Raising Taxes

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Cook County Board President Toni Preckwinkle this morning is expected to present a $7 billion budget for next year. It is designed to guide the Corona virus Recovery. Wcbm political editor Craig Del Amore with the story. Toni Preckwinkle says Cove in 19 may 2020 an extraordinarily challenging year along with the economic collapse of the shutdowns, but we're very pleased to present you dated a budget that's a balance that requires no new taxes. Although there will be some increases and finds he's county budget director Anna Guzman says spending to combat the Corona virus was partly offset by federal aid and new revenue from things like taxes on cannabis and online sales helped that left about $77. Million for us to solve for for budget gap And we're solving for that budget gap through one time transfer from our General fund, with the administration's been building up those reserves for a decade. Craig

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