City of Loveland to host annual Budget Workshop on Thursday

With the lowest sales tax rate and overall lowest tax load in Northern Colorado, and as the City of Loveland works to balance the 2025 budget, our annual Budget Workshop will be an information-only opportunity for City Council to further engage with staff in more detail about balancing next year’s budget. During the meeting, staff will discuss options including the current services budget and a reduced services budget.

The meeting will take place in person at the Loveland Police & Courts building, 810 E. 10th St., Thursday, Aug.15, 9 a.m.

This important meeting covers the entire City budget, and it’s part of the typical City of Loveland annual budgeting process. By law, the City of Loveland must operate under a balanced budget.

The City of Loveland General Fund has already experienced cuts in 2024 due to the loss of an ongoing multi-million-dollar revenue stream through sales tax. Although the meeting is not solely focused on the General Fund, the City of Loveland’s budget shortfall will be discussed.

Find the agenda at go.lovgov.org/CityCouncilStudyAgenda and check out other upcoming public meetings at go.lovgov.org/PublicMeetingSchedule.