PEORIA (WEEK) — Voters in the city of Peoria have voted no to two non-binding questions on Tuesday’s ballot that would allow the city to raise taxes to fully fund police and fire pensions.
Data shows the money the city will have to pay to fund the pensions will increase by nearly $500 million in the next 20 years.
The two questions on the ballot for the consolidated election read: “Shall the City of Peoria increase its existing Police Pension tax levy on an annual basis to fully fund police (or fire) pensions?”
For the tax levy to fund police pensions, voters opted not to go that route, with 12,373 “No” votes to 3,226 “Yes” votes.
For the fire pension tax levy, the measure lost, 11,542 to 4,057.