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Grand County forecasts slight revenue contraction; staff flag $1.1M of commitments that could draw on general fund
Summary
Staff reported a near‑term revenue forecast that shows revenue roughly 0.8% below earlier projections and said the county may need to use fund balances to honor previously authorized expenses. Commissioners asked for a red‑line accounting and scheduled a working session ahead of the next meeting.
Grand County staff told commissioners in a May 20 special workshop that recent tax receipts have narrowed the gap with budgeted targets but that the county still faces a modest revenue contraction for 2025 and a set of one‑time and recurring commitments that could require transfers from fund balances.
At a glance: staff presented a revenue update showing the county has received about 95 cents on the dollar of what was budgeted to date. Using a three‑year, 12‑month moving total method, staff said the current year projection is roughly a minus 0.8% contraction (approximately a 1% decline). That projection followed a month in which receipts were materially closer to budget than previously — staff said they had reduced the year‑to‑date shortfall from about 12% below expectations to roughly 5% below.
Why it matters: county staff and commissioners said shrinking revenue combined with a number of approved…
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