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Grand County Library District reports $7.1 million in fund balance, advances Kremmling library planning

2983992 · April 1, 2025
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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 Kremmling facility.

District staff listed 2024 capital work across branches: Frasier (furnaces, an amphitheater and site repairs), Granby (landscaping, heat pumps and a roof over the dumpster), Hot Sulphur Springs (replacement windows) and Juniper (log maintenance). The district also purchased a van for facilities use during the year.

Talia Gray and other program staff recapped expanded programming and outreach: about 1,500 on‑site programs in 2024 with over 15,000 program attendees, increased digital‑resource uptake (e‑books and streaming), and steady early‑literacy services. The district reported 10,500 registered borrowers and more than 10,000 annual outreach contacts.

On the Kremmling library project, staff said an initial project plan completed in May 2024 estimated a building in the 6,000–8,000 square‑foot range and a construction cost in the $6 million to $8 million range; the board has earmarked $4.5 million in district reserves. Thompson said the district had paused some site work while negotiating land options and would engage a real‑estate agent to re‑energize the site search.

The district also outlined several 2025 initiatives: a facility master plan (consultant work called Rethinking Libraries), a pilot telehealth kit program (state telehealth grant), expanded digital‑resource support (a new 24‑hour digital‑resources associate role), extended access/self‑service access in Hot Sulphur Springs for pre‑approved cardholders, and continued outreach and summer programming.

Why it matters: The district’s reserves, the planned facility master plan and an identified funding window (a temporary mill levy that expires in 2026) make the next 12–24 months pivotal for deciding whether and how to proceed with a new Kremmling library.

What’s next: The district will pursue site negotiations, work with the consultant to complete a facilities master plan, and continue fundraising and grant seeking. Thompson said the district will advise the BOCC as site negotiations progress and will return with project milestones as available.