City of Peoria: City Council Meeting - May 19, 2026

The City of Peoria City Council held a meeting on May 19, 2026, where several key procurement and budgetary matters were discussed and approved. The council approved a real estate purchase and sale agreement for a 67-acre parcel to Amcor Technology Arizona Incorporated for approximately $32.5 million, supporting the expansion of a semiconductor facility expected to create about 3,000 jobs. Additionally, the council approved a budget transfer of $2.8 million to cover startup costs for a new employee health clinic, including a lease agreement for the clinic location. The meeting also addressed an $800,000 budget request to cover increased fuel and maintenance costs due to rising fuel prices. Finally, the council held a public hearing and approved the fiscal year 2027 final budget totaling $1.185 billion, including a truth in taxation increase of approximately $251,000 to the primary property tax levy, with no change in tax rates. These actions reflect the city's ongoing investments in economic development, employee health services, and operational needs.