I think there is a second "smaller" peak on the way for some drainages. The same thing happened last year...remember? The Ark had 2 peaks last year, one in late May the other in mid June. There was a significant cool down in the Ark valley this past 4 days, and even some snow the other night up in Leadville and the surrounding mountains.
I think that some of you front rangers forget that it is quite a bit cooler up here in the mountains.
Have faith...there is still some water to be had!