|
Click to view full-size
The
Division of Treasury is a conscientious steward of the State
of Florida’s financial assets. This stewardship is a
fiduciary responsibility that we take seriously. We manage
investments in a manner that maximizes returns for the state
and other government-related
organizations,
and provides instant access to funds, always using safe,
conservative investment principles. |
To maximize investments we operate a cash management system to speed
the flow of funds into the Treasury. In addition, the
Division performs standard treasury functions such as
operating a statewide deposit concentration system and
receipts and payments posting systems.
The Division also operates a large collateral
management program to protect the financial assets pledged
by entities doing business in the state or with the state.
The third major function in the Division is the operation of
a deferred compensation program for public employees. This program provides
a method for employees to supplement retirement income by investing
in a variety of investment instruments on a tax-deferred basis.
Florida State Treasury Investments
|