The City of Dublin is celebrating another win in financial responsibility with its latest cashVest 90+ Award, a notable recognition by the three+one organization in partnership with the National Association of Counties (NACo). This marks the city's ninth achievement for exceptional fiscal management, highlighting its ongoing dedication to safeguarding public resources and maintaining a strong financial fortitude for both residents and local businesses.
According to the city's announcement, Dublin achieved a cashVest score of 90 or above for four consecutive quarters, which is a benchmark for evaluating cash management and represents the city government's capacity to reduce borrowing costs and protect taxpayer dollars. “This recognition reflects our commitment to strong financial stewardship and transparency,” said Matt Rubino via the City of Dublin website, the city’s Chief Financial Officer/Director of Finance. Their strategic approach to handling funds plays a critical role in supporting services and investments crucial to the community's well-being.
Heralding successful cash flow management as a virtue, Matthew Chase, CEO/Executive Director of NACo, congratulated the award recipients. "They have demonstrated outstanding leadership in liquidity management to optimize cash flow, lower borrowing costs and strengthen protections for public resources," he told the City of Dublin. Achieving this recognition again puts Dublin in an admirable light of financial excellence.
Alongside this ninth cashVest award, Dublin has also secured its fourth consecutive GFOA Triple Crown Award, further cementing its status as a paragon of addressable financial management and accountability.
