Tag: 2026 City Budget
-
‘It’s a win’: Colorado Springs started year on track for 2026 budget
Early indicators for Colorado Springs’ city budget showed a steady financial start to the year, at least before the war with Iran and more recent global upheaval. City Finance Director Charae McDaniel presented a quarterly budget update to the City Council during its Monday morning work session. The presentation covered Colorado Springs’ sales tax revenue…
-
Colorado Springs’ Fire Training Academy returns thanks to $1.3 million in marijuana sales tax revenue
The return of the training academy for Colorado Springs firefighters this week is due to the tax revenue the city has generated from recreational marijuana sales. The Colorado Springs Fire Department kicked off the training academy on Tuesday with 36 recruits moving through the firefighting and medical training, city officials said. The city canceled the…
-
Bending but not breaking: Pikes Peak region cities face 2026 economic headwinds
Predicting the future of the U.S. economy is an inexact science. As cities across El Paso County have finalized their budgets for 2026 in recent weeks, there are even more risks and uncertain factors with which to contend. Businesses and municipalities are adjusting to price increases driven by President Donald Trump’s tariffs, analysts say. Colorado…
-
Colorado Springs City Council approves the city’s 2026 budget
The Colorado Springs City Council made the final vote Tuesday to approve the city’s 2026 budget. The approved, balanced budget outlines $907 million in funding for Colorado Springs, a decline from the city’s current budget of $941 million. The budget was approved 7-2, with the opposing votes cast by Council President Lynette Crow-Iverson and President…
-
Mayor Mobolade presents tight 2026 Colorado Springs budget proposal
Colorado Springs is heading into 2026 with an $11 million drop in its general fund and $31 million less in the city budget, a sign of the economic uncertainty and constrictions facing the city. Mayor Yemi Mobolade handed the hundreds of pages of his proposed 2026 budget details over to the Colorado Springs City Council…
-
Mayor Mobolade speaks about city budget crunch, homelessness and goals for a future second term
More than halfway through his first four-year term in office, Colorado Springs Mayor Yemi Mobolade landed on a driving idea for his goals with the city: partnership. In an interview Wednesday afternoon following up on his recent State of the City speech, Mobolade repeatedly drove home the value of collaboration. He said the city’s libertarian…