Cook County Sales Tax Revenue Bonds
Historical Sales Tax Collections:
Track Record of Strong Coverage
Annual Pledged Sales Tax Revenues and Historical MADS Coverage
($MM)
1000
900
800
700
600
500
400
300
200
100
0
2013
2014
2015
2016
2017
2018
2019
2020
Pledged ST Revenues (0.75%)
Pledged ST Revenues (1.75%)
Pro Forma DSCR
SEAL
COOK
ANUARY 18:31
KCO
SILL
(x)
100
90
80
70
60
50
40
30
20
10
0
2021
Budgeted
2022*
Despite the drop in FY 2020 revenues to $721.6 MM due to COVID-19, FY 2021
revenues rebounded to $861.6 MM with strong MADS coverage of 13.8x
Sales Tax Revenues are budgeted at $968.3 MM for FY 2022
Source: The County of Cook Comptroller's Office
Notes: MADS Coverage represents ratio of total Pledged Sales Tax Revenues to the Maximum Annual Debt Service requirement on all Sales Tax Revenue Bonds (not including the Series 2022
Bonds), calculated based on the amount of Bonds outstanding during the years shown
*Preliminary, subject to change
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