Solutions sought to stem losses at Ranch
LOVELAND – Larimer County officials are looking for ways to reduce a cash bleed at The Ranch that’s costing county taxpayers more than a half million dollars a year.
The situation at the county’s fairgrounds and events center in east Loveland has been driven primarily by debt and expenses connected with the McKee 4-H, Youth and Community Building, which opened in 2006. The building was largely funded with a $3.3 million loan from the county’s Solid Waste Department, and that’s now costing the county $200,000 a year in principal payments and another $40,000 in interest.
The problem is that the building is…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!