Our team at three+one® is very proud to learn of the selection of Maria Walls, Treasurer of Beaufort County, SC, as a recipient of the 2020 National Association of Counties (NACo) National Achievement Award in Financial Management.
In the development of her award-winning, countywide financial-management initiative, Treasurer Walls utilized cashvest® by three+one® liquidity analysis services to maximize investment opportunities for public dollars under the management of her office. As a result of putting all available cash to work, rather than letting it sit idle in reserve, Beaufort County realized over $8 million in new income, increasing investment returns over 1100%, while saving significant taxpayer dollars in reduced fees.
Prior to her relationship with three+one, Beaufort County had relied on a financial advisor for its investment decisions for over 25 years. Once elected to public office, Maria began wondering if that was truly the most efficient model; those investment decisions had been based on estimates and institutional knowledge, rather than the intensive analysis of financial data.
By partnering with three+one—and harnessing the reliable, expert data supplied by cashvest—Maria Walls’ finance department had an easily managed program that advised them when cash needed to be liquid—and when it could be put to work generating new revenue. She was especially pleased that this responsible investment policy was in full accordance with state and federal guidelines.
Congratulating this year’s Achievement Award recipients, NACo President Mary Ann Borgeson said of Beaufort County, “We are seeing firsthand—now more than ever—that counties work tirelessly to support its residents. This year’s Achievement Award-winning programs showcase how counties build healthy, safe, and vibrant communities across America.”
We beam with pride for Treasurer Maria Walls, a leader in her community and a champion to her county’s taxpayers.
Our company’s innovative, data-driven solutions have gone a long way to help Beaufort County. As we all drive forward on the Pathway to Recovery®, three+one® stands ready to help public entities of all sizes do more with less in these fiscally challenging times.
The current marketplace is causing everyone to ask a lot of questions, but there are few definitive answers unless your entity is armed with data. A comprehensive liquidity analysis by cashvest® provides essential short- & long-term benefits to your entity. Here are 5 key benefits we are talking about today!
Communication is always important, but the need for critical messaging and the flow of accurate and timely information has been a necessity given the current state of the COVID-19 crisis. At three+one® we have always seen ourselves as public servants, aiding our public sector and higher-ed partners in finding new sources of revenue and turning your existing cash into your most powerful asset.
In that service to the public, and in communicating to our clients, three+one® has the partnership of Steven James Media Group, a firm of likeminded principles to public service. In recent weeks, Steven James launched a media campaign to highlight the commitment of their partners to those they serve. We want to share a portion of that campaign with you here, and to showcase how three+one® is helping communities all across the country navigate the financial marketplace using the power of data and information to get on the Pathway to Recovery®.