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Aurora’s final 2024 budget amendment adjusts bond, TIF and overtime lines after audit
Summary
City staff presented the final 2024 budget amendment, noting adjustments tied to general obligation bond timing, TIF repayments and higher sworn overtime costs in police and fire; the amendment will be placed on the consent agenda.
City finance staff on May 20 presented the final amendment to Aurora’s 2024 budget, a routine year‑end adjustment tied to the annual audit that included transfers for a transformation fund, timing corrections for general obligation bonds and higher overtime costs in public‑safety departments.
Stacy Peterson, director of financial operations, said the amendment (Exhibit A) lists revenue and expenditure adjustments and specific account transfers. She told the finance committee the city moved $16 million from the capital…
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