Budget and Financial News

Hundreds of millions of dollars available to local governments

Notes potential future fiscal challenges while highlighting smallest gap since taking office

Today, Cook County issued a notice to employees regarding the Minimum Wage Ordinance (MWO).

Effective July 1, 2022, the minimum wage will increase to $13.35 for non-tipped workers and $7.40 for tipped employees.

First steps in planned $700 million for community programs over next several years

Today, the Cook County Board of Commissioners approved a balanced $8 billion FY2022 budget which equitably addresses the County’s ongoing pandemic response efforts while not increasing taxes or cutting critical services.