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Aurora’s Paramount Suspends Bold Series and Lays Off Staff Over Funding Dispute

Concerns over a proposed drop in municipal support have derailed budget talks despite past emergency aid, prompting civic leaders to rally for restored funding.

Overview

  • Paramount’s letter to subscribers confirmed that after the final “True West” performance on Aug. 31, the 165-seat Copley Theatre will suspend the remainder of its fourth Bold season, canceling planned productions.
  • The Aurora Civic Center Authority laid off 17 full-time employees—20% of its 82-person staff—as negotiations stalled over a city proposal to cut its 2026 grant from $7 million to about $2.5 million.
  • ACCA warned municipal support could be slashed by up to 65%, a claim Mayor John Laesch called false while highlighting $33.8 million in one-time aid from ARPA, the Save Our Stages Act and council-approved assistance.
  • A 2024 audit shows ACCA ran a $13.1 million operating deficit on $21.1 million in revenue despite over $33 million in emergency funding, underscoring the Bold series’ dependence on city backing.
  • Local arts patrons, civic leaders and elected officials are organizing grassroots campaigns—dubbed “Friends of the Paramount”—to urge the mayor and council to restore full funding.