Garfield County has again earned a strong financial review from an independent auditor, which found that the county’s financial recording was conducted with the highest standards. McMahan and Associates, LLC, reported that Garfield County had no violations or conflicts associated in its 2020 comprehensive annual financial report (CAFR).
The Government Finance Officers Association (GFOA) has again honored Garfield County in achieving the highest standards in accounting and financial reporting. The county’s comprehensive annual financial report for 2019 qualified for the GFOA’s Certificate of Achievement for Excellence in Financial Reporting. This marks the 12th straight year the county has earned such recognition. The certificate of achievement is awarded to a government, while the Award of Financial Reporting Achievement (AFRA) was presented to the Garfield County Finance Department. “The financial audit is a six- to nine-month process, which starts late November and ends in July with a presentation to the
Garfield County approves slimmed-down 2021 budget Fund balance projected at $81.8 million by the end of next year GARFIELD COUNTY, CO – Garfield County has approved a fiscally conservative $101.7 million budget for 2021, including a balanced operating budget ($87 million), $7.5 million for capital projects, and $7.2 million for discretionary expenditures. The Board of County Commissioners directed staff to cut expenses in 2021, contributing to a $5.6 million reduction in expenditures over the 2020 adopted budget. Estimated operating revenues outpace expenditures by $203,000, and the proposed capital and discretionary items are drawing down fund balances by $10.3 million, resulting