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Phase 2 of Paloma Park in north Peoria appears hazy

Voter-approved funds reallocated, no money in proposed CIP for park after fiscal year 2024

With voter-approved funds having been reallocated and no money planned for the long term, Paloma Park’s phase 2 appears hazy.

The Peoria City Council approved a consent agenda item at the April 4 meeting to reallocate about $18.7 million in general obligation bond proceeds that were originally sold for the park.

A staff report states the funds will be reallocated to “other projects, consistent with the city’s capital improvement program.”

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