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Peoria official wants to prevent Dixon-style theft

Thu, 10 May 2012 14:07:30 CDT
By: AP

A Peoria city councilman has asked for a report to make sure the theft of taxpayer money like the one that shook the city of Dixon cannot happen in his city. Councilman Bill Spears has requested a policy report on how the city's finances are handled. Spears says he has no reason to believe there is any specific cause for concern. But he says a review would alert officials to any vulnerabilities that might require changes in policy. In the case in Dixon, the city's former comptroller is accused of stealing $53 million by siphoning public funds into a secret bank account. She handled all of the city's finances. Finance officials in Peoria say they have more checks and balances in place.

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