A Green Deal

A Green Deal

As politicians debate a newly proposed Green Deal, I would like to propose a Green Deal that can be implemented immediately and generate a new source of income for all Americans.

My Green Deal is a proposal to have all public monies be put to work while still remaining legal, safe, and liquid.

Our need to find new sources of revenue is imperative as our country’s infrastructure ages, coupled with greater demands for power, transportation, water, food, education, safety, and social services, just to name a few of the challenges.

The ability to generate additional dollars can only go so far in helping us meet our nation’s needs. So many public dollars go unnoticed and are left on the sidelines. What may be considered a small amount with little impact can, as a whole, lead to significant dollars with great impact.

New solar-energy initiatives, self-sufficient buildings, more innovative electric/hybrid vehicles—these innovations and more can be met with new sources of revenue, found through the proactive management of dollars that simply go unseen.

Up until a couple years ago, the possibility for a public entity to generate interest income on its cash did not exist. Today, that is no longer the case. With short-term interest rates above 2.0%, and the proprietary financial technology we have at three+one®, the ability to generate substantial new dollars is now available.

Now that the opportunity exists to earn additional yield on all your cash, a very “green” result can be immediate through the pure power of your own cash.  Let’s unleash the power of our dormant ‘green’ cash holdings to fuel the green initiatives that will help our environment, our infrastructure, and our economy.

We are shaping a new dynamic in public finance all across America that can have great impact this year—and for decades to come. 



The increase in the production and sales of all-electric vehicles has strong financial benefits, both in tax incentives and savings, as owners don’t have to buy gasoline. However, the threat that electric vehicles may pose to oil companies is not only a challenge to the marketplace. It is a strong concern to government entities. 

Gasoline taxes are folded into every gallon of gas sold and are shared by federal, state, and local sources. The income from these taxes covers transportation infrastructure costs and general-fund expenses. In many cases, sales taxes fall within the top-five revenue sources for county governments, with taxes on gasoline making up a sizable portion of a county’s sales-tax revenue.

The dilemma rests on how dependent local governments are on gas sales-tax receipts. What happens when less gasoline is consumed, as more vehicles run on rechargeable batteries year over year? This doesn’t change the imbedded infrastructure costs to build and maintain roads, bridges, and tunnels. All-electric and hybrid vehicles still account for wear and tear on our roads and streets.

The answer might be found in a recent legislative proposal in the state of Ohio. Under this proposed legislation, an owner of an electric vehicle would be charged a higher annual registration fee to make up for not paying gasoline taxes. If this proposal becomes law, Ohio owners will pay $200 per year to register their all-electric vehicles; hybrid owners would pay $100. Part of this additional revenue would go toward updating the state’s power grid as a result of higher electric demand.

No matter what means is finally taken on a state-by-state basis, you can be sure that government entities will be seeking ways for owners of hybrid and electric-only vehicles to pay their fair share in taxes.

Just as the “green-minded” public wants to save money and help reduce emission gases, government entities will be seeking workable ways to generate revenue to compensate for gas-tax losses.

I’d like to urge public officials to think differently on this and work with resources one has before looking to levy new taxes.

A majority of public entities today are sitting on cash that has great value and that can be a new source of revenue. The desire to put cash to work is often a low priority, either due to lack of resources or the expectation that cash needs to be close at hand in case of unexpected expenditures.

The point I want to stress is that all cash has significant value in the marketplace—and that can lead to unexpected revenue.  At three+one®, we can show you the true value of all your cash through our proprietary liquidity analysis and data. We’ve helped entities across the country see six- or even seven-figure increases in annual interest earnings.

Before creating additional taxes on the public you serve, look to put a new charge into the value of your taxpayers’ money.

The results can be electrifying.



In an era when information of all kinds is instantly available online, requested fiscal data from finance officers is expected at the snap of a finger. Greater awareness and access of information, through technology and social media, forces finance departments to be ready and able to provide a new level of transparency. This is especially true when it comes to taxes, budgets, and expenditures.

Whether it be the elected officials to whom you report, the media, the public, or your own employees, the expectation for accurate, real-time information has escalated.

The pressure to provide increased transparency—with fewer resources and in a more immediate time-frame to do so—creates greater stress to those in the government and Higher Ed. sectors. These areas are under more intense scrutiny due to new and stricter regulations, enhanced media coverage, and ongoing tax/tuition pressures.

When it comes to accountability, being able to report the level of cash an entity has on hand may be more difficult than one may think. With several banking relationships and dozens of bank accounts, an entity’s ability to tabulate and chart all cash can seem to be an overwhelming task. However, given that it is the taxpayers’ cash one is talking about, the need to be timely and proactive is imperative.

At three+one®, our cashvest® liquidity analysis and data can provide you with a complete picture of all your cash at the click of your mouse. Having such information at your fingertips gives you the confidence you need when difficult questions are asked—and transparency is expected.

The request for information today is more demanding than ever, but it doesn’t have to be a dreaded task. With our help, you can have the information you need at the moment you need it.  You will not have to divert precious time and labor to the calls for transparency that seem to be ever-increasing in current times.

A Fed Surprise?

A Fed Surprise?

Last quarter, Federal Reserve Chair Jerome Powell stated that the Fed did not anticipate increasing short-term interest rates for the remainder of 2019. 

Mind you that these comments came at a point of time when signs of a possible economic slowdown was the talk of many economists, due to an inverted yield curve. That’s usually a sign of a possible recession approaching, good reason for the buzz on Wall Street. 

Having said this, the underlying signs of the U.S. economy appear stronger than expected, with first-quarter growth above expectations, coming in at a positive annualized rate of 3.2%  and unemployment hitting 3.6%. 

In addition to the job growth, productivity continues to expand well above forecasts,  while inflation remains within the Fed’s range. Couple that with the fact that first-quarter earnings are, for the most part, also beating expectations. That’s helped to make gains in the stock market, following a disappointing second half of 2018.

Weighing all these facts, I think there is a possibility the Fed may reverse its course and slip in one more 25-basis-point increase on Fed fund rates this year. 

I realize that this is a contrarian view, but the possibility does exits. Even if I’m wrong, cash will still have greater value than it did a year ago. Your cash should be earning over 2.0%, leading to a source of income that can have an impact on this both year’s and next year’s budget. 

At three+one®, we continue to see public entities and higher Ed institutions with higher cash levels than last year, a trend that has been building steadily over the past four years.

While another rate hike by the Fed would be a surprise for most, the biggest surprise of all could be the reaction of those you serve if they learn that their tax/tuition dollars were earning little or nothing. 

Don’t let that happen.

Let three+one® help you maximize the value of all your cash through cashVest® , our proprietary liquidity analysis. By applying our analysis and the power of your financial institutions, the results could be surprisingly positive.