Quantcast

Westchester Reporter

Tuesday, December 17, 2024

Westchester County earns national accolade for fiscal management

Webp jn8qb55fs665ver2d8otiibbnc72

County Executive George Latimer | Official website of Westchester County

County Executive George Latimer | Official website of Westchester County

Westchester County has received the 90+ cashVest Award for 2024, recognizing its leadership in public finance liquidity management. The award is a collaboration between the National Association of Counties (NACo) and three+one, a financial-technology firm that evaluates cash-management practices in the public sector. This accolade highlights Westchester County's use of data-driven insights to optimize taxpayer dollars.

County Executive George Latimer expressed pride in the achievement, stating, "Being honored with this award is a testament to our commitment to financial excellence. We take pride in ensuring every taxpayer dollar is used efficiently and effectively to improve the quality of life for our residents."

Commissioner of Finance Karin Hablow added, "Achieving this distinction reinforces our pledge to adopt best practices in liquidity management. It’s an honor to be recognized for our efforts in maintaining financial stability and public trust."

Westchester County maintained a cashVest score of 90 or above for four consecutive quarters, showcasing effective cash management and responsible stewardship of public resources. This recognition places Westchester County among the top-performing local governments nationally in financial management.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS