By Brennen Kauffman | The Gazette
Colorado Springs City Council gave the final approval Tuesday for the city’s 2025 budget.
The final budget covers $941 million in city expenses and revenue next year, including $438 million in spending for the city’s general fund. Colorado Springs’ budget has increased from the $900 million budget passed for 2024 but is still down from the billion dollar budget the city had in 2023.
The new budget continues some of the reductions the city enacted last year to deal with financial crunches, including limiting new department spending and keeping several unfilled positions open. To balance the budget, the city will end up pulling $3.9 million from its reserves.