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Cook County Board President Toni Preckwinkle Unveils $10.1B Election Year Budget, Tapping Reserves

The $10 billion budget avoids deficits, layoffs, and new taxes by cutting expenses 10% to offset federal Medicaid funding reductions, which make up half of the county’s budget.

Summary by Chicago Tribune
Cook County Board President Toni Preckwinkle publicly unveiled her $10.1 billion 2026 budget Thursday, a slight increase from last year’s proposal that also girds against potential federal cuts and a pending lawsuit that could upend how the county funds its public safety offices. Sticking with a now years-long trend, Preckwinkle’s proposal does not include any new taxes, fines or fees, and eliminates a projected $211 million shortfall thanks in …

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Chicago Sun Times broke the news in Chicago, United States on Thursday, October 9, 2025.
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