The city of Aurora Finance Department is responsible for managing more than $500 million annually of public funds. Those funds come from a variety of sources including taxes, fees for service, funds from other governments, utility charges for service, and grants. The city spends those funds to provide a variety of services including police, fire protection, parks, recreation, libraries, code enforcement, and maintaining and operating transportation and water infrastructure.
The city strives to provide the highest level of accountability, reporting and transparency on the use of public funds. The Finance Department is primarily responsible for the overall direction and management of the city’s financial resources.
An annual budget provides a financial plan for the allocation of the available resources to provide services for citizens and customers of the city for the upcoming year. The budget includes the amount of revenue expected to be collected as well as the amount of expenditures authorized to provide a particular service or program.
At the conclusion of each year the city publishes a Comprehensive Annual Financial Report (6.16 MB PDF), which includes an external review and audit of all the actual revenue collection and expenses for the city. In addition to the annual budget and financial report, the city provides additional reports during the year that provide information on current year financial activities.