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The Florida Treasury is responsible for multiple state financial processes which impact Floridians like you. Please select a topic below to learn more about how the Florida Treasury can help you or your organization meet your financial objectives.
Florida Unclaimed Property. Currently, the Chief Financial Officer holds unclaimed property claimable accounts valued at $2 billion, mostly from dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings.
Florida's CFO serves as one of three constitutionally elected state executives of the Florida Cabinet, which comprises the Chief Financial Officer, the Attorney General, and the Commissioner of Agriculture and Consumer Services.
The Cash Management Section of the Bureau of Funds Management, Division of Treasury, is responsible for the verification of deposits into the Treasury for all departments, agencies, and commissions in the State of Florida.
The Treasury Investment Pool is a fixed income investment operation for the State's general revenue and trust funds and funds of organizations participating in the Treasury Special Purpose Investment Account.
State funds are placed in a Qualified Public Depository for two, three and/or five year maturities. Funds will be collected through the Automated Clearing House when certificates mature. Two, three and/or five year fund placements will be made to Qualified Public Depositories once a month.
In order to accept Florida public funds for deposit, a financial institution must have status as a qualified public depository ("QPD"). A QPD is defined as a financial institution that has: A branch office(s) authorized to receive deposits in Florida,
the Treasury Special Purpose Investment Accounts (SPIA). SPIA is an optional investment program open to all entities established by the Florida Constitution/ Statute. The Treasury Investment Pool utilizes a combination of short and intermediate term fixed income investment strategies.
– Today, Chief Financial Officer (CFO) Jimmy Patronis announced that the Florida Department of Financial Services’ Division of Treasury generated a record $1.95 billion in interest earnings during Fiscal Year 2023-2024. These earnings derive from state funds and other monies that the Division of Treasury invests on behalf of taxpayers ...
~ Latest purchase brings Florida Treasury’s total Israel Bond investment to $250 million ~ TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis announced the Florida Treasury has invested an additional $50 million in Israel bonds.