Peoria County Finance Audit & Legislative Affairs Committee

The Peoria County Finance Audit & Legislative Affairs Committee met on June 26, 2026, to review financial reports, budget forecasts, and fund balances. Key procurement-related discussions included the review of accounts payable totaling approximately $4.4 million for May and the status of the FY2027 budget, with particular focus on the FICA, IMRF, and risk funds. The committee discussed fund balances, projected expenditures, and the impact of ongoing litigation on reserves. Legislative impacts on revenue streams such as the PPRT were also addressed, noting potential reductions due to state budget decisions. The committee emphasized the importance of communication with departments regarding budget funding levels and highlighted the benefits of a position pool established to manage midyear budget adjustments. No specific contract awards or vendor selections were mentioned, but the discussion included capital project funding related to jail architectural and engineering services. The meeting concluded with acknowledgments of staff transitions and plans for further budget discussions in July.