Board of Commissioners of Cook County - File #: 17-6400

• File #: 17-6400
• Version: 1
• Name: FY 2018 Budget Amendment 1
• Type: Budget Amendment
• Status: Approved
• File created: 11/17/2017
• In control: Finance Committee
• On agenda: 11/21/2017
• Final action: 11/21/2017
• Title: PROPOSED BUDGET AMENDMENT Amendment Number: 1 Source of Funding: N/A Impact of Amendment: $(158,350,237.00) Explanation of Amendment: Amends the Revenue Estimate to include increases to revenue sources in the General Fund while subtracting the projected revenue estimate from the Sweetened Beverage Tax. Budgetary Unit: General Fund and Heath Enterprise Fund Comments: On October 11, 2017 the Cook County Board of Commissioners approved an ordinance amendment to repeal the Sweetened Beverage Tax. The amendment also adjusts current revenue projections. Details of the amendment are attached.
• Sponsors: JOHN P. DALEY, DEBORAH SIMS, LUIS ARROYO JR, RICHARD R. BOYKIN, JERRY BUTLER, DENNIS DEER, BRIDGET GAINER, GREGG GOSLIN, EDWARD M. MOODY, STANLEY MOORE, SEAN M. MORRISON, TIMOTHY O. SCHNEIDER, PETER N. SILVESTRI, LARRY SUFFREDIN, JEFFREY R. TOBOLSKI, JOHN A. FRITCHEY

Date	Ver.	Action By	Motion	Result
11/21/2017	1	Finance Committee	approve	Pass

title

PROPOSED BUDGET AMENDMENT

Amendment  Number: 1

Source of Funding:  N/A

Impact of Amendment: $(158,350,237.00)

Explanation of Amendment: Amends the Revenue Estimate to include increases to revenue sources in the General Fund while subtracting the projected revenue estimate from the Sweetened Beverage Tax.  

Budgetary Unit:  General Fund and Heath Enterprise Fund

Comments: On October 11, 2017 the Cook County Board of Commissioners approved an ordinance amendment to repeal the Sweetened Beverage Tax. The amendment also

adjusts current revenue projections.   

Details of the amendment are attached.

end