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Aurora aldermen debate redirecting downtown funds to Paramount and policing priorities
Summary
Aldermen proposed reallocations from transformation and contingency funds to address Paramount/ACA HVAC needs and restore policing programs; staff urged confirmation of grant uses and cautioned against moving contingency reserves without fuller analysis.
During the Nov. 20 Finance Committee meeting, aldermen debated several proposed amendments to the 2026 budget that would reallocate one-time funds toward downtown arts and public safety.
Alderman Karl Franco proposed moving $1,420,000 from the city's transformation fund to the Aurora Civic Arts (ACA) to replace a failing boiler and chiller at the Paramount, cover a reported $600,000 deficit and provide additional operating dollars so the Paramount could expand its season. "So I would propose that we take 1,420,000 from the transformation fund under community economic development lending program," Franco said, framing the request as support for…
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