The Peoria County Finance Audit and Legislative Affairs Committee convened on September 23, 2025, to discuss several key financial updates and project statuses. The meeting began with a report on the long-term care service fund, which concluded July with a fund balance of $3.6 million and interest earnings exceeding $68,000. This indicates that the county is on track to meet its financial goals.
Following this, the committee reviewed accounts payable, employee reimbursements, and purchase card accounts for August 2025. A notable point raised was the final payment for the North Station project at the highway, which has now been completed. The committee acknowledged the importance of tracking completed projects and expressed a commitment to highlighting these in future meetings.
The discussion then shifted to Peoria County's capital projects and their funding sources. While many projects have been marked as completed, the committee clarified that this does not always mean they have been fully paid out yet. The ongoing nature of several projects was also noted, with an invitation for committee members to ask specific questions regarding any of the projects.
In a significant update, it was announced that the budget book is scheduled for release on September 30, 2025. The budget team, recognized for their diligent efforts, has been working to ensure the accuracy and timely delivery of this important document. The committee expressed appreciation for the hard work of all involved, including elected officials and department heads, in preparing the budget.
Overall, the meeting highlighted the county's financial health and ongoing commitment to transparency and project management, with a focus on maintaining clear communication regarding fiscal matters.