Colorado Springs Utilities (CSU) will be presenting its 2026 budget to the Utilities Board on Wednesday for approval.
CSU says that the 2026 budget is an estimated $2.2 billion, that is a 23% increase from the 2025 budget. For context, the 2025 budget, which was estimated $1.8 billion, had already seen a 21% increase compared to the utility providers’ 2024 budget of $1.5 billion.
The large increase, CSU attributes this to Capital Improvement Projects that will continue through 2030, with an expected 4 billion dollars in assets to be added by then…