The Treasury operates a cash management system; administers the receipt and
disbursement of state moneys; invests excess funds and pays all state
obligations as directed by the Division of Accounting & Auditing. The Treasury
also operates a large collateral management program to protect the financial
assets pledged by entities doing business in the state or with the state.
Lastly, the Division manages a supplemental retirement program for State and
other public sector employees.
Bureau Chief: Kandi Winters
The Deferred Compensation Program provides a method for employees to
supplement retirement income by contributing to a variety of investment products
on a tax-deferred basis with pre-tax dollars.
The Bureau of Collateral Management specializes in the management, control
and reporting of regulatory collateral deposits required of various entities by
state agencies and governmental units as a condition of doing business in
Florida. Collateral Management also administers the "Florida Security for Public
Deposits Act", a statewide program insuring that public deposits of the state
and governmental units are protected from loss due to failure of a financial
Bureau Chief: Melisa Hevey
The Bureau of Funds Management operates a cash management system to speed the
flow of funds into the Treasury, performs standard treasury functions such as
operating a statewide deposit concentration system and receipts and payments
posting systems. In addition, the Bureau manages a fixed income investment
operation for both General Revenue and Trust Funds in the Treasury and funds of
organizations participating in the Special Purpose Investment Program.