Aspen advances $337.7 million budget for 2027

Editor’s note: this article has been updated to reflect Andrew Kramer is the deputy director of finance for the city of Aspen. Aspen City Council unanimously approved a resolution on first reading Tuesday that advanced the city’s 2027 spending plan, authorizing approximately $337.7 million in spending across municipal funds, pending final approval. “This budget is very tightly aligned with council’s priorities and the major projects set out in the strategic plan over the last couple of years,” city of Aspen Deputy Director of Finance Andrew Kramer said. “This money continues, at your direction, to put significant fund balances to use to advance those priorities.” A significant portion of the proposed budget will go toward the city’s priority projects, including Armory Hall, the Lumberyard affordable housing project, the Entrance to Aspen and improvements to Aspen’s water treatment facility, according to previous reporting by The Aspen Times.

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