Tobolski: Cook County budget to be balanced without any tax or fee hikes
Cook County Board President Toni Preckwinkle recently presented her budget proposal for fiscal year 2014 to the Cook County Board. The plan sets out to balance the budget without imposing any new taxes, fines or fees, and has won praise from both my Democrat and Republican colleagues on the board. This is the kind of bipartisan spirit that leads to effective government.
Laurence Msall, president of the Civic Federation, has said that it “holds the line on property taxes while completing the rollback of the Stroger sales tax hike.” This is something that President Preckwinkle and I promised during our campaigns and have worked hard to implement.
The majority of the preliminary budget deficit of $152 million was closed through an early expansion of the Medicaid program for the Cook County Health and Hospital System. Next year, Cook County taxpayers will pay $76 million less for healthcare delivered to county residents. Overall, if the budget is approved, the county subsidy will drop to $175 million.
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