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Public and private sector portfolio managers pursue similar goals even though they perform their portfolio management responsibilities in significantly different environments. This article compares and contrasts corporate cash management with state government practices. The comparison and analyses are based on data drawn from a survey of state government portfolio managers and an earlier study which reviewed corporate cash management practice. The comparison and analyses consider investment objectives, permissible assets, assets held, and asset holding period, among other factors. The results suggest that portfolio management practices are quite similar even though the cash management environment is significantly different.

Key Takeaways Water systems should work toward developing data management programs that extend the knowledge gained from routine water quality monitoring. Developing routine data‐based reports or data‐driven dashboards can help utilities proactively manage their drinking water distribution systems. Adopting open‐source scripted software can help systems automate many data‐driven tasks while reducing errors, allowing operators to access needed information faster to make data‐informed decisions.

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