Tag: 2027 Budget
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Colorado Springs Utilities gives first look at $2 billion budget for 2027
The budget for Colorado Springs Utilities is expected to drop slightly for 2027, landing at just above $2 billion. The proposed budget was outlined at the Utilities Board working committee meeting on Monday morning. The $2.06 billion budget for 2027 would be a notable decline from this year’s $2.24 billion budget. Utilities financial planning manager…
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Cautious optimism for Colorado Springs budget as tax revenue comes in higher than expected
Not all of the financial news for Colorado Springs is rosy, but the city’s sales tax revenue has been stronger than expected heading into the summer. Finance Director Charae McDaniel presented the largest financial update of the year during the Colorado Springs City Council’s work session Monday. While McDaniel had given a similar presentation in…