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| The Chief Financial Officer is responsible for the investment of general revenue and trust funds as set forth in Chapter 17.61, Florida Statutes. Interest earnings from Treasury investments are allocated to general revenue unless the state agencies have placed trust fund monies in "invested status" through journal transfers in FLAIR. In order to make funds available for disbursement, the administering agency must instruct the Treasury to transfer funds from the Chief Financial Officer's Investment Trust fund where the "invested status" trust funds are held to the trust fund under the control of the administering agency. | This movement of money from "invested status" to "ready
for disbursement" status is called liquidation of
investments. A journal transfer in FLAIR initiated by
the agencies is used to liquidate investments. Interest earnings are allocated to the general revenue fund, trust funds, and Special Purpose Investment account on a monthly basis. Trust fund balances and monthly account statements / ledgers are available by logging in to your account at the left.
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