Peoria County Finance, Audit & Legislative Affairs Committee

The Peoria County Finance, Audit & Legislative Affairs Committee met on April 29, 2026, to discuss several administrative and financial matters. A significant portion of the meeting focused on the comprehensive review and proposed update of the county's travel policy, which had not been revised since 2016. The updated policy aims to consolidate previous versions, clarify reimbursement rates aligned with GSA standards, include modern transportation options like ride-sharing, and emphasize cost-effective travel practices. The committee discussed implementation plans including employee training and acknowledgment forms to ensure compliance. Additionally, the committee reviewed the fiscal year 2025 financial summary, noting budget increases primarily due to collective bargaining agreements, capital projects rolling over from prior years, and higher-than-expected revenues including ARPA funds. Expenditures were under budget by $40 million, with significant purchase orders and capital projects rolling forward into fiscal year 2026. The general fund showed a surplus, and the committee discussed accounting changes related to software capitalization and lease accounting. No contract awards or vendor selections were reported during this meeting.