FINANCIAL_SERVICESAPPROVED

Peoria County Awards Financial Services Contract to Illinois Funds (July 2026)

The Springdale Cemetery Management Authority voted to invest its savings in Illinois Funds, moving money from a local bank into a higher-yield public investment pool offering about 4.7% interest and same-day liquidity. This change aims to grow reserves while keeping funds accessible for emergencies.

Status
APPROVED
Document date
July 27, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Illinois Funds
Agency
Peoria County · IL

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Ongoing investment relationship with Illinois Funds; no fixed end date and funds remain liquid for future withdrawal or reallocation.
Document type
AgendaPacket
Source document
Peoria County Board Executive Committee Agenda Packet 2026-07-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Peoria County?

Illinois Funds was awarded this financial services contract by Peoria County, as recorded on July 27, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Peoria County Board Executive Committee Agenda Packet 2026-07-28 (AgendaPacket), dated July 27, 2026 from Peoria County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Illinois Funds hold?

Illinois Funds may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Illinois Funds's profile

What is Peoria County currently buying?

Explore Peoria County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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