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Finance staff gives commissioners preliminary balances for CCITF and use-tax funds; requests for grant decisions due this summer
Summary
County finance staff reported CCITF and use-tax balances and told commissioners they should decide in July or August whether to allocate discretionary grants; staff will email detailed fund balances and bring the grants item to next meeting’s agenda.
Rio Blanco County finance staff told commissioners the County Capital and Infrastructure Trust Fund (CCITF) and the county’s use-tax fund have sizable balances but that reimbursements and allocations are pending; commissioners asked for written figures and scheduled the grant-decision item for a future agenda.
Finance staff reported that as of April 30 the CCITF fund had $22,176,624.37 in cash and that interest year-to-date…
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