2012 Florida Statutes
TITLE XIV — TAXATION AND FINANCE
Chapter 218 — FINANCIAL MATTERS PERTAINING TO POLITICAL SUBDIVISIONS
PART IV — INVESTMENT OF LOCAL GOVERNMENT SURPLUS FUNDS
218.401 — Purpose.


FL Stat § 218.401 (2012 through 2nd Reg Sess) What's This?

218.401 Purpose.—It is the intent of this part to promote, through state assistance, the maximization of net interest earnings on invested surplus funds of local units of government, based on the principals of investor protection, mandated transparency, and proper governance, with the goal of reducing the need for imposing additional taxes.

History.—s. 1, ch. 77-394; s. 1, ch. 2008-59.

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