CHICAGO — Cook County, Ill., Board President Toni Preckwinkle Tuesday proposed a $2.9 billion all-funds budget for fiscal 2012 that closes a $315 million shortfall with a mix of cuts and tax and fee increases.

The general fund spending plan totals $2.2 billion, a 4.6% decrease from the 2011 one.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.