Sep 10, 2026Board meeting
Aurora Finance Committee Finance Committee Meeting
The committee approved budget transfers for District 2 sponsorships and modifications to the 6th district budget for the 2026 fiscal year. Discussions focused on the renewal of the agreement with Blue Cross Blue Shield of Illinois for medical insurance administration, including an evaluation of rising healthcare costs, cancer treatment expenses, and a predicted deficit in insurance plan funding. Recommendations were made regarding increased financing rates for HMO and PPO plans to address these projected deficits.