If your entity is not already making use of all its cash—and earning 1.0% or more in interest—let me share ten reasons why it makes sense to act now:

1.) To offer your taxpayers no tax increase—or even lower taxes.

2.) To help offset losses in the deduction of income and property taxes under the new tax reform law.

3.) To provide pay raises for your staff.

4.) To enable adding personnel to your police and/or emergency services departments.

5.) To fund the salary of one or more teachers or professors.

6.) To help offset likely increases in medical insurance premiums.

7.) To purchase previously unaffordable new technology.

8.) To cover unexpected budget expenses.

9.) To establish or add to reserve funds for future needs or projects.

10.) To fund high-efficiency equipment for your facilities that will provide additional savings or increased revenue.

We are at a crossroads as we see continually higher interest rates, possibly reaching 2.0% by year-end. If you do nothing, be prepared to explain yourself when your constituents ask “Why not?”

At three+one, we can help you take a proactive approach in making the most of higher rates through our proprietary liquidity analyses and data models. We are not a bank or a Registered Investment Advisor; our interests are solely those of your entity and your stakeholders.

The reasons are clear. Cash is a valuable asset that can make all the difference in meeting your budget goals—in 2018 and beyond.