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Park County commissioners to revisit nearly $2 million road fund shortfall in July
Summary
Park County commissioners discussed options to address an approximately $1.97 million negative balance in the county road fund at a June 18 workshop, heard public comment, and voted to revisit the matter in July rather than take immediate action.
Park County commissioners on June 18 discussed options for addressing a negative fund balance in the county road fund estimated at about $1.97 million but took no immediate remedial action, voting instead to revisit the issue in July.
County staff presented the figures and options during a budget workshop, telling commissioners that the audit shows about $1,958,000 and that, after accounting for inventory, the amount to consider is roughly $1,970,000. The staff member said they had “reached out to the auditor and talked to them about possibilities, for courses of action.” The presentation listed options including obtaining a loan, selling equipment to repay the…
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