Portillo's

Funding for the Peoria fire department continues to be a stumbling block in developing an overall city budget for next year.

City Council held a policy session Tues. to discuss tax incentives in so-called Special Service Areas. The subject is part of the ongoing discussions with the developer of a Portillo's restaurant in Peoria.

Councilman Chuck Grayeb says the incentives are misconstrued as corporate welfare.

 

"That is implicit in the analysis many people give this," Grayeb said. "They really don’t understand it. They think that we’re providing corporate welfare and we’re not.

Peoria Tries To Reconcile Deficit

Sep 27, 2017

The city of Peoria faces a projected budget deficit of nearly eight-million dollars next year.  The city council Tuesday night agreed to offer a voluntary separation incentive to employees in hopes of reducing that deficit.

Council Discusses Consolidation of Peoria Township

Sep 13, 2017

A new state law sets guidelines for the dissolution or consolidation of townships. Peoria Township is entirely within the boundaries of the city of Peoria, and the city council sits as the township board of trustees. 

City Council to Take up Portillo's Plan

Sep 11, 2017
Steven Lee / Flickr

The Peoria City Council Tuesday is expected to set in motion a process whereby a Portillo’s Restaurant will open next year in the city. Developer Willie Torchia has acquired the land at Sterling Avenue and Baumann Way, in front of the Westlake Shopping Center. He will spend about 700-thousand dollars to prepare the site and construct a building to lease to Portillo’s. He is asking the city to create a Special Service Area tax, where Portillo’s will add one additional percent to the tax rate on their sales. That money will reimburse Torchia for development costs.