Mayor Yemi’s proposed 2027 City budget invests in public safety, infrastructure and essential City services

Mayor Yemi Mobolade today presented the City of Colorado Springs' proposed 2027 Budget to City Council, outlining a plan that invests in public safety, infrastructure, and the City's workforce while maintaining a focus on fiscal responsibility.

The proposed 2027 General Fund anticipates $465.5 million in revenue, an increase of $38.1 million from 2026. While the City's financial picture is improving, inflation and rising costs continue to increase the cost of providing City services, making continued fiscal discipline and protecting the City's financial foundation a priority.

"This budget is about taking care of the people, services and infrastructure our residents rely on every day," said Mayor Yemi. "We are investing in our workforce, public safety and essential infrastructure while remaining fiscally responsible and making every dollar count. By taking care of what we have today, we can continue delivering the reliable City services our residents expect and build responsibly for what comes next."

The proposed budget eliminates the required employee furloughs implemented in 2026 and includes $16.1 million for compensation for civilian and sworn employees, along with staffing support.

The budget also continues investments in the people, equipment and technology that support public safety, including:

• $1.8 million from the Retail Marijuana Special Tax for police technology and equipment;
• $3.9 million from the Retail Marijuana Special Tax and General Fund for fire apparatus replacement; and
• $1.4 million for Clean and Safe partnerships that help keep public spaces safe, clean and welcoming.

The proposed budget prioritizes maintaining the infrastructure residents have already invested in, including roads, parks, trails, public facilities and technology. This includes a new citywide crew focused exclusively on pothole repair, supplementing the work already performed by maintenance crews throughout the city. The budget also continues roadway maintenance and investments in parks, trails and open spaces, and reinstates funding to open parks restrooms in 2027 that were previously closed in 2026.

The proposal includes $13.2 million in General Fund capital investment to support City facilities and infrastructure, parks, roads and bridges, and technology.

The General Fund anticipates $270.3 million in sales and use tax revenue and $28.1 million in property tax revenue. The City will also continue leveraging dedicated funding sources, including 2C, the Public Safety Sales Tax, Retail Marijuana Special Tax, TOPS, grants and other dedicated revenues, to support specific services and preserve General Fund resources for core City operations.

The proposed 2027 Budget now moves to City Council for its review and consideration.

The proposed 2027 Budget and Mayor Yemi's budget letter to City Council are available at ColoradoSprings.gov/Budget.