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The Florida Statutes

The 2018 Florida Statutes

Title XIV
TAXATION AND FINANCE
Chapter 218
FINANCIAL MATTERS PERTAINING TO POLITICAL SUBDIVISIONS
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F.S. 218.401
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 1principles 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.
1Note.The word “principles” was substituted for the word “principals” by the editors to conform to context.