Virtual Event | On-Demand Recording

This webinar is available on-demand. If you have trouble accessing the recording, please email nacomeetings@naco.org.

With refundable tax credits serving as the largest federal anti-poverty program, tax time is an important opportunity for county leaders to connect low-income residents with vital income supports. Join NACo and the Consumer Financial Protection Bureau (CFPB) for a webinar focused on strategies for supporting and promoting Free IRS-certified tax preparation so that county residents can keep more of their money at tax time.

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Speakers

Headshot of Eduardo Levi Mendes

Eduardo Levi Mendes

VITA Program Specialist ll, Montgomery County Department of Health and Human Services, Community Action Agency VITA Program
Irene Skricki

Irene Skricki

Senior Financial Education Program Analyst, Consumer Financial Protection Bureau (CFPB)
JC Craig HS

J.C. Craig

Principal, JC Craig Consulting
Taunya E. Johnson-Oates HS

Taunya E. Johnson-Oates

VITA Program Specialist, Community Action Agency, Montgomery County, Maryland

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

In today’s evolving regulatory and banking landscape, public entities must have clear visibility into their deposits, collateralization, and verification processes. Yet, many municipalities lack a comprehensive solution to streamline this complex responsibility.

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.