Local News

Cook County faces ‘dramatic’ COVID-19 financial impact

On Friday, Cook County Board President Toni Preckwinkle released the preliminary forecast for the county’s Fiscal Year 2021 budget, showing a projected gap of approximately $280 million for the rest of this fiscal year and $410 million the following year as the widespread financial impacts of COVID-19 are touching nearly all aspect of the county and Health Systems operations.

The preliminary forecast report presents a mid-year projection of year-end revenues and expenses for FY2020 and an initial forecast for FY2020 revenues for the General Fund and Health Enterprise Fund, the County’s two . . .

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