It is our pleasure to announce that Suffolk County, NY, Comptroller, John M. Kennedy Jr. has been chosen as the 2022 recipient of the cashvest® National Leadership Award.
This prestigious award acknowledges the leadership that the Comptroller has demonstrated, both statewide and nationally, in establishing and practicing the highest possible standards of financial governance and liquidity management.
John is a leading advocate for the implementation of best practices in both identifying and managing all cash as a revenue-generating asset. His implementation of liquidity and treasury data has made him a national leader in the area of cash management. Some examples of his accomplishments are:
|-Increased performance on liquid banking funds||$1,768,310|
|-Bank fee savings*||$750,858|
|-Projected interest from fixed income opportunities identified by liquidity data||$5,422,105*|
*Includes increased value on Covid-relief funds.
⇒2022 three+one® benefit projection: $7,941,273
⇒Cumulative since working with three+one: $15,782,844
The results John has achieved on behalf of the taxpayers in Suffolk County have been truly amazing, resulting in more than $15 million in new revenues, combined with significant cost savings for the county.
Comptroller Kennedy, we congratulate you on earning this distinguished 2022 cashVest award.