Management & Finance Policy Committee Meeting - February 2026

The Aurora Channel's Management & Finance Policy Committee met on February 26, 2026, to discuss several financial and procurement-related matters. Key topics included a review of the city's sales tax revenue performance for 2025 and proposed modifications to the city's debt disclosure and post-issuance compliance policy to clarify borrowing options for Aurora Water, including a bank line of credit with variable interest rates. The committee also considered the establishment of the Fletcher Regional Improvement Authority (FRIA), a new regional improvement authority comprising multiple metropolitan districts aimed at financing transportation infrastructure projects along 56th and 60th Avenues. The discussion covered service plan amendments for member districts, intergovernmental agreements (IGAs), and a $1.8 million one-time city contribution from transportation capital impact fees to support regional improvements. Additionally, amendments to the Eagles Nest Metropolitan District's service plan and IGA were reviewed to accelerate repayment of ARRI mill levy obligations, with revenues pledged toward the Gun Club Road project. The committee debated procedural timing for study sessions and readings related to bond issuances, emphasizing public engagement and transparency. Overall, the meeting focused on financing strategies, debt management policies, and intergovernmental coordination to support capital improvement projects and regional infrastructure funding.