4.40%

Six Month Average All-In Rate

March 2024

3.47

April 2024

3.61

May 2024

3.77

June 2024

3.74

July 2024

3.64

August 2024

3.54

6 Month Average CP Rate

3.63%

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
  • 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

 

Sarasota County

September 2024

Manasota Key Beach Nourishment

$1,111,000

 

  

Flexible Maturity Schedules

NO Prepayment Penalty

Low Issuance Cost

Quick Turn Around

Historically Lower Rates