Peoria City Council discusses FY 2025 proposed budget | News

Joe McHugh, Peoria Times Staff Writer
7 Min Read

The Peoria City Council recently held a study session to review the proposed Fiscal Year 2025 budget. With the total estimated at $995 million, city officials were homed in on supporting the city’s need of public safety and water infrastructure. 

“(The budget) is balanced, it makes substantial progress on council priorities,” said Kevin Burke, deputy city manager for the city of Peoria. “It does so with no tax increases, it weathers inflation and it’s consistent with the principles of sound financial management.”

The proposed budget represents a 4.7% increase from last year, however given an inflation rate of 3%, the increase is “minimal.”

“This budget is designed to meet the needs of core city services amid rising costs and the growth taking place throughout the community,” said Peoria city manager Henry Darwin. 

The operating budget’s total is set at $458.9 million, marking a $42.5 million increase from the prior year. Located within the operating budget lies 41 new full-time equivalent positions (FTE) — 31 of which are dedicated to public safety. With the area being one of Peoria Mayor Jason Beck’s biggest promises during his campaign, the finance department reflected that notion in this budget. 

“Keeping our residents safe, and our water supply secure, is at the top of the list in this budget,” said Beck. “This budget is built to support all of the council’s top priorities, including our ongoing commitment to support economic development that is working to create quality jobs and drive future revenue for the city.” 

The capital budget for FY-25 is proposed to stand at $428.4 million — a 4.3% increase. Of the total, $250.2 million is dedicated towards one-time capital projects, of which a majority is funded by carryover funds from FY 24 to support ongoing water and sewer infrastructure.

Since taking office, Beck has instilled a “pillar” system — denoting the four key areas that he would focus on as mayor. With the target areas being public safety, economic development, water security and innovative government, the finance department tailored the budget to reflect the direction of the city’s future. 

Building on the public safety FTEs, the budget is set to increase funding to the police department for improved training efforts and programs — including a three-year pilot program for investigative specialists. The CIP also slates a $19.1 million police evidence facility. 

The fire-medical area is proposed to get attention as well, with the budget detailing a $20.1 million public safety facility in the Vistancia area. It also proposes that the budget provides funds for supplies, vehicles and training to the department, and 15 new FTEs. 

In the wake of Peoria’s recent growth, the $2 billion deal with Amkor Technologies has sent a shockwave of economic development opportunities that the city is looking to capitalize in the coming fiscal years. Even still, the budget proposes that the entirety of the city will be getting upgrades. 

The budget includes a carryover of $14.8 million designated for revitalization of the Downtown Peoria area. It also notes other supporting funds for other CIP projects like an airport feasibility and efforts to connect Lake Pleasant Parkway to future industry.

Water security was highlighted as a way to support the city in attaining a safe and assured water supply. 

Operationally, the water services budget includes three new FTEs to help with the stabilization of chemicals, electricity, specialized services and equipment within the department. It also included $112.2 million of carryover to support the construction of the wellfield/booster pump station at Lake Pleasant Parkway, the reclaimed water line from Jomax to Beardsley Roads, and the Salt River Project/Central Arizona Project interconnect facility that have been delayed due to supply chain issues. 

It also detailed a 10-year, $737.6 million CIP fund dedicated to major plant expansions, contributions to the Bartlett Dam and reservoir expansion project and a new advanced water purification treatment plant. 

The last of the categories is to create an innovative government within the city, and the spending the finance department detailed reflects efforts to move Peoria in the target direction. 

Headlining the spending is the construction of a Real Time Crime Center within the city to help public safety execute protocols efficiently. They will also be dedicating funds toward tracking 80 key performance indicators to help create operational improvements throughout the organization. 

To refresh parks across the city, $5.3 million is proposed, with $10.5 million going to enhancements to Pioneer Park and Rio Vista Recreation Center and Community Park. Lastly, within the 10-year CIP, $74.9 million is set to rejuvenate pavement across the city and extend their lifetime. 

Tentative Budget and CIP Adoption is scheduled for the City Council’s May 7 Regular Meeting. Final Budget Adoption is planned for the May 28 Regular Council Meeting. To view the full budget, visit

Source link
Joe McHugh, Peoria Times Staff Writer ,
"peoria az "peoria" when:7d" – Vivrr Local , 2024-04-04 07:00:00
Tags: peoria city council, peoria news, peoria breaking news, peoria city budget, peoria budget

Share this Article
Leave a comment