The Colorado Springs City Council has approved the 2026 city budget, totaling $427.3 million for the General Fund. This represents a 2.5% decrease from the previous year, or about $11 million less than in 2025. The city was able to keep the budget balanced without using reserve funds by identifying $31 million in savings through operational efficiencies and targeted reductions.
Mayor Yemi Mobolade expressed appreciation for the council’s efforts, stating: “I’m grateful to City Council for their diligent work in adopting the 2026 budget. This budget embodies the priorities of our residents: stronger emergency response, safer neighborhoods, and improved roads. Even in midst of economic headwinds, we are making strategic investments in the core services that strengthen our community. Together, we are advancing toward a safer, more economically prosperous, resilient, and vibrant Colorado Springs.”
The new budget maintains funding for public safety, infrastructure projects such as road and drainage improvements, essential services throughout the city, homelessness response initiatives, and preserves sworn staffing levels.
Additionally, approximately $3.9 million from recreational marijuana sales revenue generated in 2025 and projected for 2026 will be allocated to support public safety efforts. Another $200,000 is set aside specifically to expand mental and behavioral health services with an emphasis on assisting veterans experiencing homelessness.
Details about the approved 2026 Budget can be found at ColoradoSprings.gov/Budget.
