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 institution.
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.