Xenia, Ohio, March 10, 2015 — Greene County Treasurer, Dick Gould, served as a panelist educating attendees about county investment policies and practices at the National Association of Counties (NACo) annual Legislative Conference February 21 – 25 in Washington D.C.
Joining Gould on the panel were David Messerly, Director of Global Investor Relations for FHLBanks and Jim Powell, Senior Vice-President of Multi-Bank Securities, Inc. Included in the discussion were the impact of interest rates, strategies for approaching investment opportunities, policy restrictions, and best practices. The session included a question and answer session with participants.
“For counties, interest rates are a double-edged sword,” says Gould. “Given the historically low rates, investment income has decreased dramatically. Yet borrowing costs are also down and the county has been able to restructure much of its debt to save costs.”
More than 1500 county leaders attended the national conference, which offered workshops featuring county officials and other leaders in the public, private and nonprofit sectors. Vice President Joe Biden, who began his political career as a Delaware County council member, was the opening speaker at the event.
Dick Gould has been Greene County’s Treasurer since 2011. He is a Certified Public Accountant and holds a Master of Accountancy from Miami University, Ohio.