4.39%

Six Month Average All-In Rate

April 2024

3.61

May 2024

3.77

June 2024

3.74

July 2024

3.64

August 2024

3.54

September 2024

3.44

6 Month Average CP Rate

3.62%

Average Monthly Fees**

.77%

**NEW lower fees! Dealer and LOC Fees were lowered effective 6/1/24.

Tax Exempt Financing for Counties, Cities, School Boards & Special Districts

For over 30 years, the Florida Local Government Finance Program (FLGFP) has been providing local governments with a flexible, low cost financing alternative. Since inception, the program has loaned over $2.8 billion to over 50 counties, cities, school boards, port authorities and other special districts across the State of Florida.

Flexible Financing For Your Municipal Needs

Airports | Roads | Ports | Courthouses | Bridges | Intersection Improvements | Parks and Recreation | Firehouses | Ambulances | Helicopters | Communication Systems | Storm-Water Improvements | 911 Telecom | Library | Public Safety Buildings
  • Greg James
      "Wakulla County has benefited greatly from the commercial paper program. Entering the program was easy and the borrowing process was quick. We borrowed $30,000,000 to cashflow a number of large reimbursable capital improvement grants. The low interest and flexible payment schedule have been very helpful in an environment where you aren’t certain of when your grant reimbursements will be received. The customer service and prompt responses are wonderful. I highly recommend the program!"      
    Greg James
    Clerk of Court & Comptroller, Wakulla County
  • Nicole Jovanovski
      "The County recently borrowed $1,133,000 from the Pooled Commercial Paper Loan Program to finance the costs of our EMS Administrative Building Design.  We continue to use FLGFP because of the ease, simplicity and affordability of the program."      
    Nicole Jovanovski
    Director of Finance, Sarasota County Clerk and Comptroller's Office
  • Amy S Ady
    “Although Kissimmee is a relatively new participant in the Pooled Commercial Paper Loan Program, we have taken advantage of the program with four different financings within four year. Since the program provides an efficient and flexible method to borrow monies in the short term, it has proven to be a time saver for staff as opposed to more traditional borrowing methods. In addition, the customer service received from the staff at FAC has been outstanding!”
    Amy S Ady
    Finance Director, City of Kissimmee

Recent FLGFP Borrowings

Charlotte County

August 2024

Lemon Bay MSBU

$7,403,000

 

City of St Cloud

September 2024

17th Street Recreational Complex Improvements

$18,112,000

 

Sarasota County

September 2024

Manasota Key Beach Nourishment

$1,111,000

 

City of Port St Lucie

October 2024

Floresta Drive Improvements Project Phase 3

$3,031,000

 

Flexible Maturity Schedules

NO Prepayment Penalty

Low Issuance Cost

Quick Turn Around

Historically Lower Rates