Colorado Springs to Limit City Expenses as Sales Tax Revenue Flattens Out

Colorado Springs to limit city expenses as sales tax revenue flattens out

Colorado Springs's 2025 budget forecasted that sales tax revenue would increase by around 3.5% from the previous year. Instead, the tax revenue from the first quarter of the year has remained the same.

City budget in limbo after tax rate cut

It's now back to the drawing board for Mount Airy's budget after a majority of city commissioners rejected the property tax rate it included and voted to reduce that by 2 cents instead.