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Preckwinkle unveils preliminary budget forecast for fiscal year 2025

Cook County Board President Toni Preckwinkle unveiled on Tuesday, June 18, the preliminary forecast for the county’s fiscal year 2025 budget, showing a projected gap of $218.2 million – down from the $409.6 million peak during the pandemic. 

The hospital system projects no deficits this coming fiscal year, marking the lowest gap of Preckwinkle’s administration.

Since the pandemic, Cook County has received two bond rating upgrades, built up reserve funds and developed hundreds of millions…

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