Cook County, Illinois General Obligation Refunding Bonds slide image

Cook County, Illinois General Obligation Refunding Bonds

Roadmap to Recovery: Cook County ARPA Plan Cook County undertook an extensive community engagement process, soliciting and vetting a wide variety of options for deployment of the ARPA funding Decision making guided core values of equity, engagement, and excellence Considerations include supporting economic development and growth and investing in healthy, thriving communities Policy Roadmap Category # of Initiatives 2022 Total Allocation Health Communities 20 $57.6M $167.2M Vital Communities M 22 $87.4M $280.0M Safe & Thriving Communities 14 $54.5M $158.0M Sustainable Communities 9 $44.1M $88.9M Smart Communities 10 $49.9M $110.6M " • " FY 2022 Policy Roadmap Priorities: Healthy Communities: $57.6 million to improve the physical, mental and social wellbeing of County residents and communities Vital Communities: $87.4 million to pursue inclusive economic and community growth by supporting County residents, growing businesses, attracting investment and nurturing talent Safe and Thriving Communities: $54.5 million to create safe communities and an equitable and fair justice system for all County residents Sustainable Communities: $44.1 million to support healthy, resilient communities that thrive economically, socially and environmentally Smart Communities: $49.9 million to provide an innovative infrastructure that will change how Cook County residents live, work and connect Open Communities: $100 million to enable the County to provide responsive, transparent services and develop a thriving, professional workforce that reflects the communities served. A portion has also been allocated for initiative and internal operational capacity building, including for one-time costs for personnel and capital projects. Source: Cook County. See p. 8-9 of the Preliminary Official Statement dated August 3, 2022. 7
View entire presentation