Orleans among 18 counties recognized in NYS for money management

Photo courtesy of Orleans County: Officials from 18 counties gathered for a group photo after being recognized by New York State Association of Counties for money management. Jack Welch, the Orleans County chief administrative officer, is shown in back row, third from right.

Press Release, Orleans County Legislature

Orleans County was recognized at this week’s New York State Association of Counties Fall Seminar, held in Niagara Falls, with “cashVest 90+” Award.

This award is given to counties that receive a score of 90 or better for four consecutive quarters on several money management benchmarks. The honor recognizes counties that have taken proactive steps to maximize the value of every public dollar, strategically investing funds to generate new income and help ease the burden on property taxpayers.

“This award is really a testament to the hard work of County Administrator Jack Welch and Treasurer Kim DeFrank to mitigate risk while maximizing return on investment of public dollars that help fund county services,” said Orleans County Legislature Chairman Lynne Johnson.  “At a time when every level of government is faced with tight budgets, their sound fiscal leadership and ability to maximize revenue streams outside of tax dollars is more important now than ever.”

Orleans County was one of 18 counties across the state to receive the honor.