10-19-2026 Lakewood City Council Special Meeting Video

Lakewood City Council special meeting, October 19, 2026: The council held a second-reading public hearing on Ordinance O-2026-33, covering the revised 2026 budget and the proposed 2027 budget, appropriations, and mill levy. The CFO described constrained revenues and economic uncertainty, including the loss of ongoing B&O tax revenue and the effect of the B&O settlement on General and TABOR fund balances. The proposed mill levy remains 4.711, with no projected property-tax increase. Capital projects were limited to $5 million; the Civic Center HVAC system was identified as the major project, while the city is prioritizing previously funded work such as the Colfax Safety and 6th and Wadsworth projects.

Council approved an amendment adding $10,000 for a council intern program, offset by a $10,000 reduction in the City Attorney’s Office outside legal services budget, with no net increase to the General Fund; the amendment passed 8–3. The amended budget then passed 11–0. No vendor selections or contract awards were identified.