Audit: Garfield County reports $94.6 million net position and highlights cash‑funded projects

A county staff presenter reviewed the Garfield County audit and said the county's net position at the end of 2025 was $94,645,000, an increase of about $7.5 million (roughly 8%) from the prior year. "At the end of 2025, our net position was 94,645,000," the presenter said while walking commissioners through the management discussion and analysis and the audit's financial highlights.

Commissioners and staff discussed the composition of that position—capital assets, land, buildings and cash—and noted changes in component units such as cemetery and fire districts that are now included in the report. The chair emphasized the county carries no general obligation debt and described a conservative practice of paying cash for capital improvements when feasible; commissioners noted continued transfers into capital improvement funds.