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Council briefed on $11.5 million general‑fund shortfall; departments given savings targets as 2026 budget process begins
Summary
City Budget Manager Jen Vance told City Council the General Fund faces roughly $11.5 million less revenue than budgeted for 2025 and that departments were given expenditure savings targets as staff begins work on the 2026 budget. Council members pressed on 9‑1‑1 staffing, service levels and options to change revenue structure.
City Budget Manager Jen Vance told the Colorado Springs City Council on Tuesday that updated sales tax collections and other revenue projections leave the General Fund roughly $11.5 million short of the 2025 budget and that city departments have been asked to identify expenditure savings to preserve reserves and service levels.
Vance walked the council through the General Fund revenue mix and described how sales and use tax makes up the largest share of General Fund revenue (59.7 percent in the 2025 budget). She said collections through April show a weaker sales‑tax trend; current 2025 projections were about $9.2 million below budget for sales tax specifically and, with other revenue items, yield an estimated $11.5 million revenue shortfall for 2025.
“To maintain our…
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