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County finance officer reports narrowing revenue shortfall; expenses also below budget
Summary
Grand County Finance Officer Steve Bels told commissioners July revenues improved relative to prior months; revenue variance shrank to -4% and expenses to -8%, producing a positive trend but continued caution.
Grand County Finance Officer Steve Bels presented the county’s monthly financial update, reporting a reduced revenue shortfall and lower-than-budget expenditures. Bels said the county had previously been 6% under budget but had improved to roughly 4% below the adjusted revenue target after the county adjusted its 2025 budget to reflect a 6% revenue shortfall earlier in the year.
Bels reviewed sector details. Transient room tax (TRT) receipts for the May month reported in…
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