The biggest ticket item at Tuesday’s Peoria City council meeting was the introduction of the 2020-2021 biennial budget, which as the stands presented by the city manager is a balanced budget with no increase in property taxes and no layoffs.
Many council members mentioned that they felt the city is at a much better place this year looking at the plan than last year.
In total the expenses for the city were $218 million while bringing in $217.7 million in revenue.
City Manager Patrick Urich said that while they have less money coming in from property taxes they expect to bring in more from sales and motor fuel taxes.
They plan to spend $30.5 million on street and sidewalk improvements in 2020 and 2021 along with $17.4 million on improvements to sewers and storm-water also in 2020 and 2021.
They also plan to spend $2.5 million each year to replace two fire stations.
However Urich said that something more must be done to get the pension payments under control.
“The reality is by 2023 one out of every nine dollars that we collect in the general fund will be devoted to public safety pensions so that’s one of the concerns that we have with the budget and the trajectory that our public safety pensions are on.” said Urich
One of the revenue recommendations to help that from the city includes a $3 monthly increase in the garbage bill.
They council will meet weekly to discuss the proposals before a vote in made.