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Grand County Library District reports $7.1 million in fund balance, advances Kremmling library planning
Summary
Library officials told commissioners the district closed 2024 with about $7.1 million in fund balance, completed several capital projects, and is advancing plans for a new Kremmling library; the district is targeting draft project work while a temporary mill levy runs through 2026.
The Grand County Library District presented its 2024 annual report to the Board of County Commissioners on April 1, reporting a year‑end fund balance of roughly $7.1 million and steady operations for 2025 while continuing planning for a new Kremmling library.
Tara Thompson, the district’s finance director, said the district collected about $5.7 million in revenue in 2024 (including roughly $74,000 in donations) and ended the year with net contributions to reserves; district operating expenses run at about $3.2 million annually. Thompson said those reserves are being held intentionally while the district seeks a site and funding approach for a proposed replacement…
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