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Peoria Schools’ Budget Under Fire | Peoria News
Peoria Public Schools is racing against time to finalize its budget, with Superintendent Jerry Bell calling it a “Herculean effort” amid serious financial chaos—two years of missed audits, a CFO who quit after just starting, and a dangerously understaffed finance team. The district projects a $201 million spending plan with $209 million in revenue, leaving a small surplus, largely based on the former CFO’s incomplete records. But new doubts are mounting: Board member Andy Diaz questions the accuracy, citing consultant reports that suggest the district’s reported $140 million in reserves may…
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