Budgets and Financial Information


FISCAL YEAR 2020-2021 BUDGET
March 09, 2020: Below are links to PDF documents of the FY21 Preliminary Budget that were presented at the Budget Workshop held on March, 2020. They include the following:
As updates to the proposed budget are provided upon additional feedback, they wil be posted here.

FISCAL YEAR 2019-2020 BUDGET
The Fiscal Year 2019-2020 Budget was adopted on April 29, 2019. Click here for a copy of the budget document.

FISCAL YEAR 2018-2019 BUDGET
The Fiscal Year 2018-2019 Budget was adopted May 4, 2018. Click here for a copy of the full budget document.  A full copy of the budget presentation is available for viewing at City Hall or the Pekin Public Library.  For Fiscal Year 2018-2019 Line Item Detail only click here

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REVENUE OPTIONS TO ADDRESS INFRASTRUCTURE NEEDS AND UNFUNDED PENSION OBLIGATIONS

The Pekin City Council is contemplating the use of several available funding options it could pursue to address two of the most pressing issues facing the city:  infrastructure deterioration and unfunded pension obligations.  Below is a link to the presentation on these options, as well as, links to recent news media reporting on the issue.  The funding options that hold the most promise to address these issues are through the local gas tax and the enactment of an electric & gas utility tax and natural gas use tax.  Click on the presentations below to learn more.  
As explained in the presentation, utility tax revenues would go toward investment in capital improvements and infrastructure, as well as, having some portion of revenues go towards the city’s unfunded pension liabilities.  Would you support that?  Do you have other thoughts on addressing these issues?    Please use the below email address to submit your comments to let us know. 
 
Email Contact: citymanager@ci.pekin.il.us 
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