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Commissioners weigh grant freeze as county reviews CCITF, CDGF and use tax balances

5443615 · July 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Rio Blanco County finance staff briefed commissioners on balances in CCITF, CDGF and the use tax fund and commissioners discussed a temporary grant freeze and emergency grant policy amid revenue uncertainty and federal funding concerns.

Rio Blanco County finance staff provided an overview of three restricted or special funds at the Board of County Commissioners work session on July 22, 2025, and commissioners discussed whether to freeze external grants while staff returns a proposed dollar amount for such a freeze.

Lisa (county finance presenter) reviewed fund balances and recent activity for three funds: the Conservation Trust/Capital Improvement-type fund (CCITF), the Community Development Grant Fund (CDGF) funded by electric sales tax, and the county use tax fund. The presentation focused on fund cash balances as of June 30, 2025, budgeted revenues for 2025 and the amounts collected through the first half of the year.

On CDGF (electric-sales-tax-funded grants), Lisa said the carryforward from 2024 was $139,183, budgeted revenues for 2025 were $54,000 and $22,000 had been collected through June 30. The board had budgeted $10,000 for grants in 2025 and $5,400 of that was a pass-through to towns. Lisa calculated that, if all budgeted revenues are…

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