Broomfield County officials are bracing for significant budget challenges in the coming years, as the city council discussed a projected revenue decline of approximately $3.5 million for 2025 and an anticipated $4 million drop in 2026. The discussions, held during the city council session on May 9, 2025, highlighted the fragile state of the local economy, with officials noting that while some revenue sources like sales tax may increase, overall financial stability remains uncertain.

Nathan Mosley, the budget manager, emphasized the importance of a methodical approach to budget preparation, stating that the city is currently in the review phase of its budget cycle. Departments have submitted their base budgets, but the city is facing challenges in accommodating new initiatives due to the projected revenue shortfalls. Mosley indicated that maintaining current service levels will be a priority, with limited flexibility for new programs.

The council also discussed the reliance on property, sales, and use taxes, which collectively account for over half of the general fund revenues. With economic uncertainties looming, these revenue streams are expected to be negatively impacted, prompting the city to explore cost-saving measures, including potential reductions in travel and training budgets, which could save around $1 million.

Graham Clark, the finance director, reiterated the need for financial discipline over the next two years, as the city navigates through these budget constraints. He noted that personnel costs represent the largest expense for the organization, and careful scrutiny of these costs will be necessary moving forward.

Looking ahead, the city plans to issue general obligation bonds for police and court facility expansions, as well as for water and wastewater projects. The council is set to receive updates on the budget process in August, with a preliminary draft expected by early September and final adoption scheduled for October.

As Broomfield County prepares for these financial challenges, officials remain committed to ensuring fiscal sustainability while continuing to meet the critical needs of the community. The upcoming months will be crucial as the city works to balance its budget amid economic uncertainties.