From the City of Peoria:

On Monday, November 10, the City Council was presented with an updated budget proposal that reduced a potential budget deficit from $2,183,163 to $117,771. We have attached the entire packet of information given to the Council that night, which includes a transmittal memo, line item breakdown of reductions and additions, narrative and various other tables. At Council’s direction, staff continues to work to close this gap without cutting services to citizens or raising taxes. A final balanced budget will be presented to Council on Tuesday, November 25, 2008.

In addition to sending you this information electronically, we have also updated www.peoriabudget.com.