Cook County budget reduces deficit, president Toni Preckwinkle says
October 10, 2013 (CHICAGO) (WLS) -- Cook County President Toni Preckwinkle says her new budget reduces the deficit and doesn't include any new taxes, fines or fees.
Preckwinkle says the reduction in debt is due to reforms she's put into place and to the prioritizing of spending.
The total proposed budget for the next fiscal year is $2.3 billion.
In June there was a preliminary deficit of $152 million, but that has been eliminated.
And Preckwinkle says a big part of the budget swing is due to money the county is getting from Affordable Care Act.
"We provide a half a billion dollars in charity care every year, 500 million dolars in charity care, and as a result of the affordable care act we will get from the federal government about 278 million dollars in additional resources to make a real dent in the amount we're spending on charity care."
Preckwinkle says the county's revenue picture has also improved because of a more robust economy and increased tax enforcement.
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