Clear Creek County officials are taking crucial steps to ensure the timely filing of essential financial documents, which are vital for maintaining federal funding. During the Board of County Commissioners (BOCC) meeting on September 30, 2025, county representatives emphasized the importance of submitting the 2 CFR 200 cost allocation plan and the annual comprehensive financial report (ACFAR) by the deadline to avoid potential funding reductions.

The cost allocation plan outlines how the county will manage and allocate federal grant funds, a process that is critical for the administration of county operations. The ACFAR not only provides financial statements but also includes a decade-long overview of the county's financial activities, offering insights into revenue and expenses across various funds.

Despite facing delays in their financial reporting due to staffing challenges, county officials have made extension requests to meet the necessary deadlines. The urgency of these filings is underscored by the risk of losing vital housing user tax revenues if they are not submitted on time.

The meeting also highlighted the connection between the county's financial reporting and the upcoming budget preparation, providing commissioners with a clearer understanding of how past financial data influences future budget decisions. This proactive approach aims to ensure that Clear Creek County remains financially stable and continues to receive necessary federal support for its operations.