Statement from President Preckwinkle on Kurt Summers’ Appointment as Chicago Treasurer

“I want to congratulate Kurt Summers on his appointment as Treasurer for the City of Chicago. I witnessed firsthand Kurt’s commitment to service, drive and work ethic when he served as the head of my transition team and then as my Chief of Staff. Coming into office, we faced our toughest challenges around the state of the County’s finances. We were confronted by a staggering deficit, with few resources and little time.

“With Kurt’s help, we unanimously passed a balanced budget that solved for a $487 million in deficit in less than two months. Under Kurt’s leadership, we reformed the way the County does business, saving taxpayers over $400 million annually from the 1% sales tax reduction, implementing county-wide performance management, and strengthening the County’s procurement rules. He left a lasting mark on Cook County government and I have no doubt he will do the same as the Treasurer of the City of Chicago.”