City of Aurora, Illinois Annual Comprehensive Financial Report FY2025
The Annual Comprehensive Financial Report for the City of Aurora, Illinois for the fiscal year ended December 31, 2025. It presents audited government-wide and fund financial statements, including the statement of net position and statement of activities, along with an independent auditor's report and management's discussion and analysis.
Nov 13, 2025·Board meeting
Aurora Finance Committee Meeting
Enterprise
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The Finance Committee meeting involved several key discussions and approvals. Following roll call, permission was granted for an Alderman to participate remotely due to illness. The committee approved minutes from previous special and regular finance committee meetings held in October and November 2025. Public comment was taken regarding the support and funding for the Paramount Theater, citing its significant economic impact on downtown Aurora. Key agenda items included the approval of an ordinance amending the W6 budget for fiscal year 2025 to cover engineering costs for the Safe Routes to School capital project. The committee also approved amendments to the W1 and WAR 10 budgets for fiscal year 2025. A budget transfer for the Ward 4 storm damage grant program was approved, as well as a budget transfer covering a $5,000 sponsorship for the Paramount Theater. Finally, the committee addressed a resolution authorizing the application for a second $600,000 matching funds grant from the Illinois Department of Natural Resources for improvements at Garfield Park, which prompted discussion regarding future funding cycles and best use of municipal funds.