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Peoria County finance staff report October finances, note PPRT shortfall and capital-project closeouts
Summary
Assistant CFO Julie Gusterian presented the county's period-10 (October) financials, reporting general fund revenue and expenditure percentages, a projected fiscal-year surplus, a lower-than-budgeted PPRT distribution and updates on capital projects and ARPA allocations.
Julie Gusterian, Peoria County assistant chief financial officer, presented the county's October (period 10) financial report and highlighted revenue and expenditure trends, a lower-than-expected PPRT distribution and several capital-project updates.
Gusterian told the committee the report covers period 10 of the fiscal year and that the financials should be approaching the year-to-date benchmark expected at period 10. She said the general fund was about 83.0% of expected revenues year to date and 72.1% of…
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