Applegate appointed to Colorado State Banking Board
Scott Applegate, president and CEO of Bank Estes Park, was appointed to the Colorado State Banking Board by Gov. Jared Polis. The appointment falls under the Colorado Department of Regulatory Agencies, in the Division of Banking.
This board is the policy, rulemaking, and supervisory authority for the Division of Banking in the State of Colorado—comprised of five banking executives from across the state, an executive officer of a money transmitter company, an executive officer of a trust company, and two public members with expertise in finance.
County residents opinions sought on road funding options
Larimer County residents are being asked to share their thoughts on ways to fund road work and mobility projects.
Due to a budget shortfall that will impact road and transportation projects beginning in 2027, county residents are being asked to weigh in on how to address ways to fund infrastructure needs before final decisions are made.
Larimer County is projecting that it will have less than 25% of the total funding needed for projects including road safety, traffic flow, and intersection improvements. The County will also lack matching funds that would ordinarily help bring in outside grant money. The shortfall is attributed to an increased demand and rising costs that have outpaced revenue.
The County has developed a short survey which allows residents to rate their level of concern and choose:
- Option 1: Cut essential transportation projects
- This would have both immediate and long term impacts on roads and bridges including cuts to safety, traffic mitigation, road improvements, etc.
- Option 2: Collecting a new 0.15% sales tax
- This would cost consumers 15 cents on a $100 purchase (excluding groceries and certain other items)
- Estimated to raise about $15 million annually and cover anticipated needs through 2050
To learn more and weigh in on the surey, click here.