One last change to Peoria’s budget for 2020 has been finalized, settling a lingering labor dispute and reversing a planned cut. But 2021 budget discussions to address COVID-19 shortfalls will wait another week.
An attempt to reverse the planned budget-related cuts of two Peoria Fire Department engines fell short Tuesday night, after the City Council unanimously agreed to issue $4 million in working cash bonds to keep the Peoria Civic Center afloat.
After more than two hours of discussion, the Peoria City Council narrowly voted down borrowing $10 million and decommissioning two fire engines to balance a city budget decimated by the COVID-19 pandemic.
Peoria Mayor Jim Ardis said Tuesday the city is still waiting on federal assistance to help address its budget shortfall from the COVID-19 pandemic, while at-large council member John Kelly said he doubts a real estate tax intended to help close the deficit would pass.