Board of Commissioners of Cook County - File #: 19-6819

• File #: 19-6819
• Version: 1
• Name: FY 2020 Budget Amendment 005
• Type: Budget Amendment
• Status: Approved
• File created: 11/15/2019
• In control: Finance Committee
• On agenda: 11/21/2019
• Final action: 11/21/2019
• Title: PROPOSED BUDGET AMENDMENT Amendment Number: 5 Source of Funding: Property Taxes - Tax Increment Financing Taxes Impact of Amendment: $9,000,000 Explanation of Amendment: Amendment to increase the "Property Taxes - Tax Increment Financing Taxes" revenue estimate due to the City of Chicago reporting a higher surplus than initially estimated. Budgetary Unit: Revenue Estimate Comments: Details of the amendment are attached.
• Sponsors: JOHN P. DALEY, DEBORAH SIMS

Date	Ver.	Action By	Motion	Result
11/21/2019	1	Finance Committee	approve	Pass

title

PROPOSED BUDGET AMENDMENT

Amendment  Number:  5 

Source of Funding:   Property Taxes - Tax Increment Financing Taxes

Impact of Amendment: $9,000,000

Explanation of Amendment:  Amendment to increase the "Property Taxes - Tax Increment Financing Taxes" revenue estimate due to the City of Chicago reporting a higher surplus than initially estimated.

Budgetary Unit:  Revenue Estimate       

Comments:     

Details of the amendment are attached.

end