Leading with Stewardship: How Powdersville Water District Is Doing More for Its Customers
Public finance leaders today are being asked to operate at a higher standard than ever before. Communities expect transparency, strong decision-making, and thoughtful stewardship of every dollar, all while markets remain unpredictable and resources stay limited.
Powdersville Water District has embraced this moment as an opportunity.
The District set out to ensure its cash was not only protected but also actively working for the benefit of its customers. Under the direction of Robin Gore, Director of Finance and Administration, and Terressa Batson, Financial Services Manager, the District focused on gaining clearer insight into cash availability, improving forecasting, and aligning investment decisions with real liquidity needs. The goal was simple: strengthen service to ratepayers without adding complexity or risk.
Through the use of cashVest, the district’s finance team gained a consolidated view of cash, forward-looking liquidity projections, and ongoing benchmarking, all supported by a dedicated team that acts as an extension of its staff. What was once time-intensive became efficient, informed, and repeatable.
The results were meaningful:
- 12-month interest earnings more than doubled
- High-performing cash increased from 49.6% to 84.12%
- Liquidity performance beat benchmarks by 8.31%
For Powdersville, these gains translate into something simple but powerful: more flexibility, more confidence, and more value delivered to the community without raising rates.
By treating cash management as a strategic responsibility rather than a routine task, the Powdersville Water District demonstrates what modern public stewardship can achieve. It’s doing more with what it already has and doing it in a way that is putting customers first.
