Finance committee says revenues are ahead of projections; staff flags capital projects and trial-related reimbursements
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Summary
County staff told the Finance, Audit and Legislative Affairs Committee that year-to-date revenues are outpacing expectations while expenses lag; the committee also reviewed capital projects, accounts payable (about $6 million in November) and reimbursement status for trial-related charges tied to the Grayson case.
Peoria County finance staff reported that revenues are running ahead of budget through Oct. 31 while expenses remain below projections, a trend members described as favorable during the committee meeting.
Julie, presenting the monthly financial report, said the county is about 83.3% through the fiscal year with "91.9% for all funds for revenue" and "only spending about 65.8 percent" of projected expenses. In the general fund, she reported revenues at 82.4% and expenses at 76.6%. Julie also noted higher-than-expected PPRT receipts in the packet (about $6.2 million versus an expected $5.5 million) and flagged a planning and zoning reimbursable grant fund that showed activity but no offsetting revenue recorded as of October.
Heather presented the long-term care services fund: "The long term care services fund, balance as of October 2025 is, 4,290,000.00," and staff said interest earned year-to-date was $166,000. Heather told the committee the fund remains on track to have about $1,000,000 anticipated after bonds are paid off if the board later opts to pay them in full; staff noted bond payoff could align with discussions about a 2032 payoff horizon.
On accounts payable and purchase card activity for November 2025, staff reported roughly $6 million in transactions, with about half attributable to debt service and the packet listing three bond payments at the top, including Headington Oaks bonds. Member Renaud asked about reimbursement status related to the Grayson trial; Administrator Sorrell said Sangamon County received invoices and that Sangamon County Board approval was pending. Staff described juror meal charges (roughly $10,000–$15,000 in one example), sheriff overtime and other ancillary expenses; a staff-cited sheriff-related total appears in the transcript as $4,047,967.56 but staff said they did not have all itemized numbers immediately available.
Capital projects were reviewed from a Dec. 18, 2025 packet showing in-progress and completed projects through fiscal 2025; staff said the HHS project is nearing closeout and that next month's packet will include fiscal 2026 updates. Members asked clerical and district-coding questions and requested staff confirm district references for certain projects.
What's next: staff will follow up on Sangamon County reimbursement action if and when that county board votes and will update capital project listings in the next packet; the committee then moved to consider the 2026 legislative agenda.