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NextLight projects modest subscriber growth, to retire debt by 2029

5834928 · September 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

NextLight staff told council the broadband utility plans to add roughly 600 net subscribers in 2026, aims to expand capacity and expects its outstanding debt to be paid off around 2029, boosting fund flexibility.

NextLight staff presented its 2026 budget to Longmont council on Sept. 16 and described steady revenue growth and customer penetration goals. Valerie Dodd, NextLight executive director, said the broadband utility expects to have nearly 30,000 subscribers by the end of 2026 and plans to add about 600 net subscribers that year; she said about a third of those gains would be through bulk agreements with multi-dwelling-unit properties.

Dodd said…

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