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The City of New Albany has been honored with the esteemed 90+ cashVest Award for 2024 in recognition of its exemplary leadership 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.”
By maintaining a cashVest score of 90 or above for four consecutive quarters, the City of New Albany has demonstrated its commitment to effective cash management, improving financial stability, and ensuring responsible stewardship of public resources.