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The City Council held a public hearing on East Peoria’s proposed annual appropriation ordinance and working cash budget for fiscal year May 1, 2026 to April 30, 2027. Finance staff said estimated revenues are $76,923,548.50, estimated expenses are $79,023,312.00, and the appropriation ceiling is about $114,519,450 across 29 funds.
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This meeting was a required public hearing on the city’s spending authority and working cash budget for the next fiscal year. City staff said the budget projects about $79.0 million in expenses and about $76.9 million in revenues. They also said the ordinance sets a higher legal spending limit of about $114.5 million, but the city does not expect to spend that full amount. No public comments were offered at the hearing.
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