Breckenridge is governed by a strong mayor-council type of government. The seven member council meets the first and third Monday of each month. The Breckenridge Police Department consists of four full-time dispatchers, a chief, a sergeant, four patrol persons and one detective. Breckenridge also has an excellent volunteer fire department which is well-trained and equipped. Because the city has its own municipal utilities, it is able to maintain electrical usage rates among the lowest in the state. The Municipal Utilities is governed by a five-member commission.

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