By Tom Scanlon | Peoria Times
While it is halfway into the current fiscal year, the city of Peoria recently released final numbers on the previous fiscal year, which ended July 1.
As part of the agenda for the Tuesday, Jan. 7, Peoria City Council meeting, the city attached its “Fiscal Year 2019 Comprehensive Annual Report.”
From both revenues vs. expenditures and budget vs. final numbers perspectives, it was a good year, for Peoria.
“General Fund revenues of $150.8 million, on a budgetary basis, exceeded budgeted revenues of $143.8 million by $7.0 million while budgetary basis expenditures of $151.7 million were 90.4% of final budgeted amounts,” the report stated.