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Anoka County Finance Department Honored with Prestigious cashVest National Leadership Award for Exemplary Financial Stewardship

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Published on October 24, 2024
Anoka County Finance Department Honored with Prestigious cashVest National Leadership Award for Exemplary Financial StewardshipSource: Anoka County

The Anoka County Finance Department has been recognized for its stewardship of funds and financial acumen, having been bestowed with the cashVest National Leadership Award by three+one®. This accolade comes as a testament to the department's commitment to excellence in financial management especially under the leadership of their Chief Financial Officer Cory Kampf, who stands as a pillar of the team’s success.

The essence of the award lies not only in the acknowledgment received but also in the qualitative impact it signifies, highlighted Anoka County Commissioner Mike Gamache in his commendation of the finance team's efforts, "I want to thank your team for their work and what they’ve implemented," he stated in a news release obtained by Anoka County, "I am very confident in where we are sitting with our financial staff right now." It underscores the efforts that have led to a second consecutive year of Anoka County earning cashVest's 90+ Club Award, representing a high benchmark in the management of liquidity across public and higher education domains, the criteria for which is stringent and not wholly reliant on market cash yields, but how effectively public entities and higher education institutions align with specific standards.

For Kampf and his team, the award not only serves as a point of pride but also as a reflection of their fiscal responsibility, for every dollar saved is a dollar that reduces the need to draw from the pockets of the taxpayers. "We are humbled to receive this award," Kampf expressed in a sentiment of collective achievement, "This is exciting for us, and there’s a lot of hard work that goes on within our team. Every dollar we earn is a dollar we don’t have to take from the taxpayers and levies," according to a statement obtained by Anoka County's news release.

The award from cashVest by three+one® delineates Anoka County Finance Department’s efforts but also elevates it as a national model for efficient financial management, a beacon for other public entities to follow suit for proactive and strategic financial planning. The department's achievements point to a combination of prudent planning, careful budgeting, and resource management that, when well-executed, can yield significant benefits not just for any given department’s esteem, but fundamentally, for the fiscal health and the direct impact it has on the community it serves.