Streaming LIVE: Aurora Finance Committee Meeting | 07-30-2026

The City of Aurora Finance Committee met on July 30, 2026, to discuss several procurement and budget-related items. Key procurement actions included approval of a one-year lease renewal with the Riverfront Playhouse with a proposed small rent increase to set a precedent for future adjustments, and authorization of a $62,000 supplemental engineering services agreement with HR Green, Inc. for intersection improvements at Montgomery Road and Hill Avenue. The committee also approved a license agreement for an outdoor dining area and accepted two grants totaling $20,000 for animal care programs. Additionally, the committee received and accepted the 2025 annual financial audit reports, which showed a net deficit for governmental activities but a surplus for business-type activities, and discussed a midyear financial review highlighting revenue trends, expenditure forecasts, and budget considerations for 2027. The committee emphasized the importance of ongoing policy development for city property leases and requested further details on negotiation processes and financial impacts. No votes were taken on policy changes during this meeting, but motions to approve contracts, grants, and financial reports were passed unanimously or by majority vote.