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Oktibbeha County to review subscription cash‑management plan after vendor presentation
Summary
The Oktibbeha County Board of Supervisors heard a presentation from 3plus1 (CashFest), then voted to take the vendor’s cash‑management subscription under advisement and directed the county administrator to negotiate contract terms.
The Oktibbeha County Board of Supervisors heard a presentation from 3plus1 (branded as CashFest) on a data‑driven county cash‑management subscription and voted to take the proposal under advisement and authorize county administrator Wayne Carpenter to discuss contract details with the vendor.
3plus1 representatives Kevin Taborek and Craig Holmes told the board CashFest aggregates transactional data from a county’s bank accounts (via view‑only access), runs Monte Carlo‑style liquidity models and benchmarks effective yields against the 30‑day U.S. Treasury. Taborek…
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