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Loveland presents a $33.24M 2026 budget emphasizing infrastructure and debt reduction
Summary
City Manager Dave Kennedy and Finance Director Mark Medler presented the 2026 proposed budget totaling $33,240,506, highlighting $7.25M in estimated income tax revenue, continued capital projects including Lava Madeira Road Phase 1, and debt reductions in water and stormwater funds.
City Manager Dave Kennedy and Director of Finance Mark Medler presented the highlights of Loveland’s proposed 2026 budget at the council meeting, framing the document as one of stability and targeted capital investment.
Kennedy said the budget includes total revenues of $33,240,506 and estimated income tax receipts of $7,250,000, roughly $3 million higher than a decade earlier. The proposed budget holds full‑time equivalent positions steady at 59 and assumes a 3% cost‑of‑living adjustment…
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