2024 Fiscal Year Audit Presentation

As required by the Town Charter, the Town of Frisco undergoes an annual independent financial audit conducted by a certified public accounting firm. The 2024 audit, performed by McMahan and Associates, included an audit of the Town’s financial statements and internal controls.

The Town received an unqualified opinion—the highest level of assurance from McMahan and Associates LLC, as detailed in Section A of the report. This reflects the Town’s continued commitment to sound financial management and transparency, which is mirrored in the Town’s receipt of the Government Finance Officers Association of the United States and Canada (GFOA) Certificate of Achievement for Excellence in Financial Reporting every year since 2009.

High Country Conservation Center Update

High Country Conservation Center (HC3) is a non-profit in Summit County focused on impactful climate action. HC3’s mission is to promote practical solutions for waste reduction and resource conservation in the Summit County community. HC3 offers programs that include waste reduction, energy efficiency and clean energy, water conservation, and sustainable food production.

HC3 presented its 2024 program updates and highlights to Town Council during their work session on June 24, 2025. Council had questions about building material waste created through demolition, and HC3 discussed some new machinery and ongoing initiatives funded through “Strong Initiatives” at the Summit County Resource Allocation Park (SCRAP) to handle building waste. Council also asked HC3 to consider more convenient ways to dispose of and recycle pallets.

Climate Action & Resiliency Plan Presentation

The draft Frisco Climate Action and Resiliency Plan (CARP) was presented to Town Council during their June 24 work session. Developed through a comprehensive process involving greenhouse gas (GHG) inventory analysis, climate vulnerability assessment, and extensive community engagement, the CARP serves as Frisco’s first stand-alone, town-specific roadmap for achieving long-term sustainability and resilience. This plan brought together existing Town plans and targets into one cohesive plan.

Initiated in 2024, the CARP project was led by Iconergy in partnership with the Institute for the Built Environment (IBE), supported by a Colorado Department of Local Affairs (DOLA) grant. The plan incorporates an updated 2023 community-wide GHG inventory, which found building energy use responsible for approximately 70% of emissions, followed by transportation at 22%. Climate vulnerability assessments identified wildfire, extreme cold, and flooding—especially affecting lower-income and frontline populations—as critical threats.

The CARP lays out framework to achieve net-zero emissions by 2050. Key features include:

Emissions Target

Aligns with the Science-Based Targets Initiative (SBTi) by aiming to reduce emissions 54.6% by 2030 from 2017 levels and achieve net-zero emissions by 2050. Sector-specific goals include reducing building energy emissions by 21% and transportation emissions by 25% by 2030, with a community-wide target of 100% renewable electricity in buildings by 2035.

Five Strategic Pillars and Key Strategies

Renewable Energy:

• Promote solar installations on municipal and private properties.
• District geothermal heating system.
• Support regional efforts for grid decarbonization and battery storage.

Building Energy:

• Expand access to energy efficiency programs for residential and commercial buildings.
• Require high-performance standards for new development and major renovations.
• Encourage building electrification, especially through incentives for heat pump installations.

Transportation:

• Transportation options were identified as a top priority by the Frisco community.
• Increase electric vehicle (EV) adoption through charging infrastructure and public fleet conversion.
• Encourage and promote transit, biking, and walking infrastructure to reduce single occupancy vehicle trips.
• Collaborate with regional transit providers to expand low-emission options.

Waste:

• Increase waste diversion through composting and recycling access and education.
• Implement policies that support construction and demolition (C&D) material recycling.
• Support zero-waste goals in public spaces and at events.

Natural Environment:

• Integrate wildfire risk mitigation into land use and forest management strategies.
• Enhance green infrastructure and water conservation efforts.
• Protect open spaces to support carbon sequestration and ecosystem resilience.

Municipal Electrification

In line with Resolution 24-21, CARP prioritizes electrification in new Town owned facilities via technologies like geothermal systems and heat pumps.

Community Integration

Public-private partnerships, local incentives, and education campaigns are proposed to broaden participation and accelerate adoption.

Town Council Questions, Comments, and Next Steps Summary

Town Council had discussion around geothermal energy sources and how realistic these solutions are. Xcel Energy has approached the Town of Frisco as a pilot site for geothermal, and this conversation is in its initial stage. Town Council also had questions regarding composting of landscape/grass waste, as well as how to incentivize residents to move towards landscaping that has less irrigation needs. HC3 clarified that landscape waste is not accepted for composting, but that there are some programs that HC3 offers around planning for and incentivizing less water intensive landscaping.

The next steps include incorporating Council feedback into the draft plan, bringing back a final plan for approval via resolution, and then working on implementation of the plan.

Resolution Affirming Frisco’s Support for Public Land

Frisco Town Council considered a resolution affirming the Town of Frisco’s strong support for public land and expressing formal opposition to provisions in the current congressional budget bill that would make federal public land eligible for sale. Since this resolution was written last week, bi-partisan opposition and the Senate’s parliamentarian’s assessment has forced the revision of the land sale provisions, but the bill still proposes the sale of federal public land, specifically BLM lands.

Federal public lands are an essential part of the west’s identity, economy, way of life, and heritage, and these lands support year-round recreational activities, environmental health, and quality of life for residents and visitors alike. The current congressional budget bill proposal would undermine these values by enabling the expedited sale of federal public land with minimal safeguards.

A rigorous public and legislative process already exists for the transfer of federal public land, which has already been used to obtain federal land for workforce housing in Summit County, and this bill usurps that public and legislative process. This resolution echoes widespread bipartisan concerns, including from hunting and conservation groups, around the loss of public lands and supports stewardship, access, and transparency in federal land management.

Resolution 25-25 calls upon Congress to remove any land sale provisions from the budget bill, prioritize sustainable stewardship, and ensure transparent processes with meaningful input from local communities, as well as state and local governments. The resolution also outlines distribution of the resolution to Colorado’s Congressional delegation, the Governor of Colorado, the U.S. Secretary of the Interior, and the Director of the Bureau of Land Management.

Town Council adopted Resolution 25-25, which supports the value of public lands and opposes efforts to sell them.

602 Galena Construction Contract

The Town of Frisco has been working with the NHP Foundation (NHPF) since early 2023 when staff from NHPF approached Town staff and Council on affordable housing opportunities in Frisco. The mission of NHPF is to “preserve and create sustainable, service-enriched multifamily housing that is affordable to low- and moderate-income families and seniors, and beneficial to their communities.” This mission aligns with the Council’s strategic plan to support a thriving economy by increasing workforce housing and enhancing community inclusivity by offering a variety of housing types to support year-round residents.

This project at 602 Galena Street is projected to move forward in 2025 with 54 rental units at an income rate of 120% of the Summit County Area Median Income.

Amended and Restated Contract

An Amended and Restated Assignment and Subordination of Construction Contract was brought to Council and approved through Ordinance 25-10 on the second reading.

Frisco Town Council Meetings: Ways to Participate

Frisco Town Council meetings are available to view via Zoom and YouTube, and are also held in person to make Town Council meetings easier to access for everyone.

The public can provide comment during meetings via Zoom or in person (not YouTube), and a public comment period will be available at 7:00pm; during the consideration of ordinances; and at the discretion of Town Council during work session items, which are discussions that don’t require a formal vote by Town Council and do not require public comment. Again, this hybrid approach is intended to make Town Council meetings more accessible, and meeting recordings will typically also be made available the day after a meeting in the meeting archive with agenda topics bookmarked to the discussions in the video.