This webinar will be held via Zoom Webinar. If you have issues registering or accessing the webinar platform, please email nacomeetings@naco.org.

On August 10, the U.S. Department of Treasury (Treasury) released their Interim Final Rule (IFR) for the bipartisan State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act (i.e. Cornyn/Padilla Amendment) that allows counties to invest American Rescue Plan Act (ARPA) State and Local Fiscal Recovery Fund (SLFRF) dollars more flexibly towards eligible projects and activities under the Community, Development Block Grant (CDBG) program. Join NACo for our first in a series of information sessins where we will walk through key features of Treasury’s Interim Final Rule for the ARPA SLFRF and how counties can effectively take advantage of the new flexibilities and invest these dollars at the local level.

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Safeguarding Taxpayer Assets: Inside Suffolk County’s Bank Account Collateralization Program

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Join Stephen Acquario (Executive Director, NYSAC), John M. Kennedy Jr. (Suffolk County Comptroller), and Alex DeRosa (Associate Vice President, three+one) as they host an inside look at how Suffolk County has implemented a cutting-edge bank account collateralization program. This session will explore:

  • How having a single point of reference for bank collateral enhances audit functions and strengthens financial oversight
     

  • Common misconceptions about collateralization programs—why more counties aren’t adopting them and whether implementation is as complex as it seems
     

  • The impact of a well-structured collateralization program on credit ratings and financial stability

Protecting taxpayer assets requires more than just compliance—it requires certainty. Discover how to bring transparency and security to your entity’s financial management.

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