12/29/23 - Laserfiche WebLink

Home

Anoka County ADMINISTRATION Communications December 28, 2023 Contact: Erik Thorson, Communications Director, 763-324-4612, or e-mail: Erik.Thorson@co.anoka.mn.us FOR IMMEDIATE RELEASE Anoka County is Recipient of 2023 cashVest 90+ Award The Anoka County Board of Commissioners commended the County's Finance and Central Services Division employees Dec. 19 for their hard work that led to Anoka County being the only Minnesota county to win the cashVest 90+ award this year. The award signifies excellence in the implementation and management of all liquidity in the public and higher education marketplace, as explained by cashVest. It is not based on what the marketplace is paying for cash, but rather how a public entity or higher education institution operates within distinct qualifying areas. "This is one way we can make money by making smart decisions," said Matt Look, chair, Anoka County Board of Commissioners. "Being recognized for excellent management of our finances falls right in line with our county's mission of being fiscally responsible. To be the only county in our state to win the cashVest award this year shows how diligently our staff works on a daily basis." CashVest collaborates with public entities to ensure they are achieving the highest return on their financial resources. This recognition is earned by only 22 percent of public finance offices. "We are very privileged to get this award," said Chief Financial Officer Cory Kampf. "This is very exciting for us and a testament to our investment program. We work alongside our banks to increase our returns and optimally gain whatever we can for the county. It takes a team effort, and I think we have a great program." The National Association of Counties (NACo) provides the award, in conjunction with three+one, a specialized national financial -technology company that analyzes public sector cash management practices. -more- Respectful, Innovative, Fiscally Responsible Government Center A 2100 3rd Avenue, Suite 700 A Anoka, MN 55303-5024 A www.anokacounty.us Office: 763-324-4700 A Fax: 763-324-5490 Affirmative Action / Equal Opportunity Employer