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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
Attachments: 1. FY 2018 Budget Amendment 1

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