Toni Preckwinkle’s finance team said it’s too early to say how that gap will be closed, but also projected the county is on track to end 2024 with a surplus of about $367 million.
Cook County Board President Toni Preckwinkle is projecting a $218 million budget gap next year, largely driven by raises she granted to county employees and the resulting growth in needed pension payments.
“I won’t lose sleep over that,” Preckwinkle told reporters of the gap on Tuesday. “We’ve seen worse.” Despite those raises and additional retention bonuses for certain roles, the county’s struggles to fill vacancies continue. About 4,000 positions remain empty across county government, roughly the same amount as last year.
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