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 said the service produces quarterly reports, a dashboard of accounts and periodic implementation recommendations to “put more cash to work” while meeting marketplace benchmarks. The presenters described an introductory annual subscription fee of $14,900 and said the company will not charge the county that fee if an initial report cannot show a benefit greater than the fee.

County officials pressed the vendors on three practical points: how the company obtains account data (the presenters said they request view‑only login access to download transactional feeds), how quickly a first report would be delivered (Taborek said about three to four weeks after data collection) and the minimum term (the vendor requested a one‑year engagement with a 30‑day termination clause). Taborek and Holmes said CashFest’s benchmark is the 30‑day Treasury and that the firm uses proprietary models to suggest what portion of cash could be invested in longer maturities without impairing liquidity.

Supervisor Frank moved and Supervisor Williams seconded a motion to take the presentation under advisement and authorize County Administrator Wayne Carpenter to continue discussions with the vendor. The motion passed unanimously. Carpenter said staff would return with contract language and next steps.

Board members and staff noted due diligence items to resolve before any contract execution, including: confirmation of the vendor’s data security and access model, written details on the guarantee tied to the $14,900 fee, and clarity about whether the county would need adjustments to its investment policy to accept implementable recommendations. The board did not approve any contract or transfer funds during the meeting.