Mayor Yemi presents a balanced 2024 budget to City Council
Mayor Yemi Mobolade presented a balanced 2024 City Budget to Colorado Springs City Council Monday, Oct. 2. The General Fund budget for 2024 will be $428.3 million, which is $7.2 million more than the 2023 General Fund budget, or a 1.7% increase. The sales tax revenue budget is flat compared to the 2023 budget and a 2.5% increase over the 2023 end-of-year forecast. City Council’s role is to adopt the City budget, with or without amendment, and appropriate funds. View the highlights and upcoming important budget dates.