Grand County Library District

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Company Description

In 1994, voters approved a 2.41 mill levy to establish Grand County Library District.  The library district has experienced declining revenues since 2011 with property values declining county wide.  Based on the 2016 assessment being down another 3% from 2015, the district continues to streamline processes, further reduce spending, and set reserve limits all for the goal of achieving a balanced budget.  In November, voters approved at .95 addition to the 2.41 mill levy to increase the total mill levy to 3.36 in an effort to reduce district debt by paying off the certificates of participation ten years early.  The increase of .95 to the mill levy will expire in 2026 and the 2.41 mill levy will remain for operations.