Pictured are Senior Relationship Specialist Tyler Frame, County Treasurer Terri Ross, and Deputy County Treasurer Jenna Kelley, and Chairman W. Brooke Harris
From Allegany County,
Belmont, NY – Allegany County, through the Allegany County Treasurer’s Office, has been honored with the 90+ cashVest Award for 2024 in recognition of its eadership in public finance liquidity management. This honor is given through a collaboration between the National Association of Counties (NACo) and three+one, a national financial-technology firm that specializes in evaluating cash-management practices within the public sector. This award underscores the organization’s commitment to utilizing data-driven insights to maximize every taxpayer dollar, delivering enhanced benefits to communities nationwide.
Matthew Chase, CEO/Executive Director of NACo, commented on the award: “We congratulate the recipients of the cashVest 90+ Award. This elite group of award winners has demonstrated outstanding leadership in liquidity management. We applaud these public finance leaders for helping to maximize the value of their taxpayers’ dollars, optimize cash flow, lower borrowing costs, and strengthen protections for public resources.”
Garrett Macdonald, Executive Vice President of three+one, added: “Collectively generating hundreds of millions in additional revenue in 2024 alone that would otherwise have to be raised in taxes or additional fees is an amazing accomplishment. As each of these entities continues to navigate an ever-changing economic landscape, they have gone above and beyond to set a national standard in cash management and to certify they are doing everything they can to maximize their liquid cash resources.”
Allegany County demonstrated its commitment to effective cash management, improving financial stability, and ensuring responsible stewardship of public resources by maintaining a cashVest score of 90 or above for nine consecutive quarters. This achievement sets a high standard in the stewardship of public resources and serves as an inspiration within the sector. Allegany County Board Chairman W. Brooke Harris stated, “Allegany County is fortunate to have a strong fiscal team in place that ensures that taxpayer dollars are working to limit future liabilities. This award demonstrates the expertise of Treasurer Terri Ross and Deputy Treasurer Jenna Kelley, as well as their commitment to careful stewardship of County resources.”
