During a recent government meeting, Grand County Commission Chair Jacques Hadler and Commissioner Kevin Walker addressed key issues stemming from an audit report concerning the county's economic diversification funding. Hadler, who has been a commissioner since 2020 and has extensive experience in the tourism sector, opened the discussion by sharing his background and recent commitments, including a business summit and a lengthy commission meeting.
Walker followed up by acknowledging the committee's opportunity to clarify questions raised by the audit. He emphasized that while there were differing opinions regarding the handling of economic diversification funds, the commission had sought legal advice to ensure compliance with regulations. Walker noted a misunderstanding about the timing of fund expenditures, which led to confusion about whether the funds needed to be spent or merely collected by a specific deadline.
The commissioners expressed their commitment to adhering to Generally Accepted Accounting Principles (GAAP) and clarified that their intention was to utilize the funds appropriately. The discussion highlighted the complexities of managing public funds and the importance of clear communication between county officials and auditors. The meeting underscored the ongoing efforts of the Grand County Commission to navigate financial oversight while supporting local economic initiatives.