Cook County Board Finance Committee - Departmental Budget Hearings
Day #5 of Budget Hearings (Part Two) - October 21, 2016
Office of the Treasurer - presented by Maria Pappas, Treasurer
FY17 - $12.9 million
FY16 - $12.2 million
FY17 - 88.5
FY16 - 89 (250 in 1998]
Key Information Presented:
Perhaps of greatest interest and concern to the Commissioners is the state legislated system for sale of delinquent taxes. If the current law stands, taxes delinquent by 4 months after the August due date can be sold. The home owner has another several months to pay the taxes but the amount due can end up being 2-3 times more than the original tax because of interest, penalties, and court costs - plus – the tax buyer receives the income from the redemption – not the County. Treasurer Pappas is strongly against the state law and blames a power lobby for creating it. The County is currently working on a compromise plan [6 months before being sold]. The constituent group most affected by this is Senior Citizens.
Homeland Security and Emergency Management
presented by Ernest Brown, Executive Director
FY17 - $1.7 million *
FY16 - $2.6 million *
*Cook County Taxpayer funding - Another $49 million in Federal grants for 2017
FY17- 76 (55 grant funded)
FY16 - 76 (51 grant funded)
Mission: To enhance the safety and security of Cook County and its residents by working to build capacity and create a common operations platform with our partners to prevent, protect against, mitigate the effects of, respond to and recover from all incidents, whether man-made and/or natural, including educating our residents through our community engagement program.
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