Government budget and revenue in Colorado Springs, Colorado: official figures
Colorado Springs' city government took in $1.9 billion in total revenue in the fiscal year ended 31 December 2023, or $3,812 for each of its 486,248 residents (2024 figure in the finance file); per resident that is the 168th highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.
How much does Colorado Springs spend and on what?
It spent $2.3 billion in the same year, $4,710 per resident, the 116th highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were the electric utility (36.5%), the water utility (13.9%) and the gas utility (9.7%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Colorado Springs collect per resident?
Taxes raised $406.29 million ($836 per resident, the 143rd lowest of 582) in the fiscal year ended 31 December 2023, 44.0% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Colorado Springs rely on?
Of Colorado Springs' tax revenue in the fiscal year ended 31 December 2023, property tax made up 12.2%, general sales tax 75.6%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 11.3%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Colorado Springs' property tax share is the 26th lowest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.
Source: U.S. Census Bureau · saved copyHow much federal and state money does Colorado Springs get?
Payments from other governments made up 9.8% of Colorado Springs' city government's general revenue in the fiscal year ended 31 December 2023: 8.7% from the federal government ($166 per resident), 0.9% from the state. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does Colorado Springs raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $153.97 million, 16.7% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $929.11 million.
Source: U.S. Census Bureau · saved copyHow much does Colorado Springs spend on police?
Colorado Springs' city government spent $131.13 million on police in the fiscal year ended 31 December 2023, $270 per resident (the 122nd lowest of 582) and 5.7% of its total spending; police took 10.3% of spending across all US city governments in 2022.
Source: U.S. Census Bureau · saved copyHow much does Colorado Springs spend on fire protection?
Fire protection cost $70.81 million, $146 per resident, in the fiscal year ended 31 December 2023.
Source: U.S. Census Bureau · saved copyHow much debt does Colorado Springs have?
At the end of the fiscal year ended 31 December 2023, Colorado Springs' city government owed $2.7 billion in long-term debt, $5,614 per resident (the 71st highest of 582). During the year it issued $461.94 million of new long-term debt and repaid $389.72 million.
Source: U.S. Census Bureau · saved copyHow much does Colorado Springs pay in interest on its debt?
Interest on debt cost $99.71 million in the fiscal year ended 31 December 2023, 4.4% of total spending.
Source: U.S. Census Bureau · saved copyHow has the Colorado Springs city budget changed?
Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident fell 3.0% from $3,931 to $3,812, spending per resident rose 39.8% to $4,710, taxes per resident fell 9.8% to $836.
Source: U.S. Census Bureau · saved copyHow Colorado Springs compares with other cities in the United States
City government total revenue per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Colorado Springs ranks 151 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2022 |
|---|---|---|
| 148 | Springfield | $3,959 |
| 149 | Cleveland | $3,952 |
| 150 | West Sacramento | $3,941 |
| 151 | Colorado Springs | $3,931 |
| 152 | Sunnyvale | $3,926 |
| 153 | St. Louis | $3,917 |
| 154 | Rocky Mount | $3,885 |
City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Colorado Springs ranks 185 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2022 |
|---|---|---|
| 182 | Hillsboro | $3,435 |
| 183 | Dallas | $3,425 |
| 184 | Hollywood | $3,372 |
| 185 | Colorado Springs | $3,369 |
| 186 | Concord | $3,351 |
| 187 | Boca Raton | $3,348 |
| 188 | Anderson | $3,335 |
City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Colorado Springs ranks 401 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2022 |
|---|---|---|
| 398 | Alpharetta | $929 |
| 399 | Peoria | $928 |
| 400 | Auburn | $926 |
| 401 | Colorado Springs | $926 |
| 402 | St. George | $924 |
| 403 | Garden Grove | $923 |
| 404 | Salem | $923 |
City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Colorado Springs ranks 489 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2022 |
|---|---|---|
| 486 | Cupertino | $268 |
| 487 | Carson | $268 |
| 488 | Broken Arrow | $268 |
| 489 | Colorado Springs | $267 |
| 490 | Bellevue | $267 |
| 491 | Appleton | $266 |
| 492 | Huntsville | $266 |
City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Colorado Springs ranks 81 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2022 |
|---|---|---|
| 78 | Pflugerville | $5,307 |
| 79 | Queen Creek | $5,305 |
| 80 | Mishawaka | $5,283 |
| 81 | Colorado Springs | $5,250 |
| 82 | Lubbock | $5,231 |
| 83 | St. Louis | $5,164 |
| 84 | Tempe | $5,114 |
Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Colorado Springs ranks 710 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2022 |
|---|---|---|
| 707 | Cincinnati | 11.7% |
| 708 | Tucson | 11.5% |
| 709 | Lake Havasu City | 11.3% |
| 710 | Colorado Springs | 11.0% |
| 711 | Commerce City | 10.6% |
| 712 | Conway | 10.5% |
| 713 | San Bernardino | 10.1% |
Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Colorado Springs ranks 531 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2022 |
|---|---|---|
| 528 | Conroe | 12.0% |
| 529 | Santa Fe | 12.0% |
| 530 | Redondo Beach | 12.0% |
| 531 | Colorado Springs | 11.8% |
| 532 | Clearwater | 11.8% |
| 533 | Omaha | 11.8% |
| 534 | Carlsbad | 11.8% |
City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Colorado Springs ranks 168 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2024 |
|---|---|---|
| 165 | Inglewood | $3,881 |
| 166 | Dothan | $3,862 |
| 167 | Olympia | $3,844 |
| 168 | Colorado Springs | $3,812 |
| 169 | San Jose | $3,799 |
| 170 | Bowling Green | $3,792 |
| 171 | Hollywood | $3,785 |
City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Colorado Springs ranks 116 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2024 |
|---|---|---|
| 113 | Pensacola | $4,759 |
| 114 | Burbank | $4,729 |
| 115 | Decatur | $4,717 |
| 116 | Colorado Springs | $4,710 |
| 117 | Brockton | $4,698 |
| 118 | Sunnyvale | $4,651 |
| 119 | Tampa | $4,634 |
City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Colorado Springs ranks 440 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2024 |
|---|---|---|
| 437 | Peoria | $839 |
| 438 | Anderson | $837 |
| 439 | Chula Vista | $836 |
| 440 | Colorado Springs | $836 |
| 441 | Mission Viejo | $835 |
| 442 | Elgin | $835 |
| 443 | Santa Ana | $834 |
City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Colorado Springs ranks 461 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2024 |
|---|---|---|
| 458 | San Angelo | $270 |
| 459 | Bryan | $270 |
| 460 | Erie | $270 |
| 461 | Colorado Springs | $270 |
| 462 | Huntersville | $269 |
| 463 | Midland | $269 |
| 464 | Middletown | $269 |
City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Colorado Springs ranks 71 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2024 |
|---|---|---|
| 68 | Oshkosh | $5,621 |
| 69 | Waltham | $5,619 |
| 70 | Fishers | $5,617 |
| 71 | Colorado Springs | $5,614 |
| 72 | Fayetteville | $5,478 |
| 73 | Terre Haute | $5,471 |
| 74 | Fort Lauderdale | $5,416 |
Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Colorado Springs ranks 555 of 580, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2024 |
|---|---|---|
| 552 | Lake Havasu City | 12.3% |
| 553 | Springfield | 12.2% |
| 554 | Rogers | 12.2% |
| 555 | Colorado Springs | 12.2% |
| 556 | Norman | 11.6% |
| 557 | San Bernardino | 11.4% |
| 558 | Mesa | 11.3% |
Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Colorado Springs ranks 471 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2024 |
|---|---|---|
| 468 | Thornton | 9.9% |
| 469 | Port St. Lucie | 9.9% |
| 470 | Alameda | 9.9% |
| 471 | Colorado Springs | 9.8% |
| 472 | Birmingham | 9.8% |
| 473 | Camarillo | 9.8% |
| 474 | Bossier City | 9.7% |
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Sources
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
- U.S. Census Bureau: 2022 Census of Governments: State and Local Government Finances, individual unit files (item amounts for every government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 c8de889f6b33…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.