Larimer County was given a clean audit opinion for its 2018 Comprehensive Annual Financial Report [CAFR], prepared by the Larimer County Department of Finance.

Rubin Brown, Certified Public Accountants & Business Consultants, audited the financial statements of Larimer County as required by state of Colorado Statutes.

The Board of Larimer County Commissioners accepted the report today at their regular Administrative Matters Meeting.

The opinion confirms Larimer County meets high standards of financial reporting in its CAFR. A clean opinion provides the public with confidence the county’s financial reporting is reliable and transparent.

“We are always so proud of and very impressed by the folks in our finance department. They do an outstanding job and have so many additional duties with the continuing reimbursement of two of the worst natural disasters in our county’s history,” said Larimer County Commissioner Steve Johnson. They perform outstanding work and consistently win national awards.”

The CAFR includes the county’s audited financial statements, management’s analysis, statistics, and other financial information. The standardized format used for the CAFR makes it much easier to compare Larimer County to itself from year to year, and to other cities and counties across the U.S.

“Two years ago, Larimer County was upgraded to a triple-A credit rating by Moody’s --- we are one of only 97 counties out of over 3,000 counties in the United States to hold Moody’s high credit rating. That speaks to the great work done by Director of Finance Carol Block and her staff. We can’t do the great things we do without their fantastic work,” said Larimer County Commissioner Tom Donnelly.

The Larimer County 2018 CAFR can be viewed online by visiting https://www.larimer.org/finance/reports

Published on: 
Wednesday, July 17, 2019 - 12:34pm
Contact Details:

Carol Block, Director of Finance, [970] 498-5931, blockcl@larimer.org

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