(MONUMENT, Colo.) — On Thursday, May 15, the town of Monument reported it is preparing for a nationwide recession and evaluating what cuts can be made.

The town’s 2025 budget is currently in good standing, despite a drop in sales tax revenue during the first few months. Town leaders stated that they are using funds from reserves to cover some costs in the budget for projects.

But this may change depending on what happens in the economy over the next few months. The town is debating selling some town-owned property or renegotiating leases, and has held off filling some open positions to try to bring in more money for the town.