It is our pleasure to announce that Boone County, Kentucky, has been chosen as the 2023 recipient of the cashvest® National Leadership Award.
This prestigious award acknowledges the leadership that the county has demonstrated, both statewide and nationally, in establishing and practicing the highest possible standards of financial governance and liquidity management, while also advocating for other counties across the National Association of Counties (NACo) enterprise in instilling the very best of practices in the management of taxpayer dollars.
We recognize Boone County as a leading advocate for the implementation of best practices in both identifying and managing all cash as a revenue-generating asset. Their implementation of the cashVest platform’s liquidity and treasury data has made the county a national leader in cash management.
Here are just two examples of how cashVest has benefited Boone County since June 2021:
- Bank-fee savings of $20,274
- $3,199,851 in cumulative interest from fixed-income opportunities, identified by liquidity data.
These stunning results are best summed up in the words of Boone County Judge Gary Moore: “We have 3,220,125 reasons why we utilize the cashVest liquidity services of three+one®. That is the $3,220,125 fewer tax dollars that needed to be raised to pay for county services.”
Please join us in congratulating Boone County. KY as cashVest’s 2023 National Leadership Award recipient!
