Laserfiche WebLink
Cash and Investments <br />In accordance with the Florida Statutes, the County adopted investment policies which guide the investment of <br />County funds. These policies establish investment objectives, maturity and liquidity requirements, portfolio <br />composition, risk and diversification requirements, and authorized investments. The primary objectives of <br />investment activities are to preserve capital and maintain sufficient liquidity to meet anticipated cash flow <br />needs. Surplus funds are invested in accordance with the policy guidelines and earned $7.1 million in interest <br />income in fiscal year 2020. <br />Cash and investments totaled $411.3 million as of September 30, 2020. Cash reported on the financial <br />statements includes bank deposits, cash on hand, money market accounts, and all highly liquid investments <br />with maturities of ninety days or less when purchased. Total cash was $135.2 million. Investments consist of <br />U.S. Treasury Securities and U.S. Government Agency Securities. Other Market Rate Investments consist of <br />the Florida Trust Day to Day Fund, Florida PRIME, FLSTAR, and FLCLASS. Investments totaled $276.1 <br />million and the weighted average maturity was 0.90 years. <br />U.S. Agencies <br />$145,334,550 <br />35.3% <br />Cash <br />135,241,537 <br />32.9% <br />U.S. Treasuries <br />82,788,848 <br />20.1% <br />Other Market Rate Investments <br />47,969,922 <br />11.7% <br />Cash and Investment Balances <br />(in millions as of September 30) <br />$387.8 <br />&399.7 <br />$411.3 <br />2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 <br />The new Recording and Juvenile offices at the Courthouse <br />Photo courtesy of the Clerk's Office <br />18 <br />