The City of Peoria is looking at cutting the budget Tuesday night. This isn’t part of the 2011 budget negotiations, but rather a cut to the 2010 budget. City staff is forecasting that there will be a $1.2 million shortfall in state income tax and personal property replacement tax revenues. Here are the areas to be cut:
Radios: $ 40,450
Public Safety Cameras: $200,000
Furniture and Equipment: $ 69,200
Renaissance Park: $ 43,890
Neighborhood Signs: $ 9,650
Trails Edge Hammerhead: $ 63,700
Traffic Signals: $ 1,910
GIS: $ 7,700
Fire Station Upgrades: $237,600
Fire Equipment-SCBA & Harness: $ 70,000
Fire Fleet Recap: $ 71,340
Fiber Optic: $ 60,000
Fleet Recap: $ 274,560
Western Avenue Greenway: $ 50,000
Nevertheless, the City is able to afford to give away $10 million in land to the County for $1 and to give $37 million to a millionaire hotel developer.
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