About us

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. Created by local governments for local governments, the FLGFP is uniquely qualified to meet your needs.  The program is governed by local government officials and backed by some of the nation’s most pre-eminent financial institutions. Over the years the FLGFP has provided financing for a wide range of capital improvement projects as well as beach renourishment and channel dredging projects, emergency management and public safety equipment such as airplanes, helicopters and SCUBA equipment.  The list is endless.  We look forward to learning more about how the FLGFP can assist you with your borrowing needs.


Our History

The Florida Local Government Finance Commission’s commercial paper pooled loan program was established in 1991 to provide local governments in the State of Florida a more cost-effective means of borrowing funds.   The Commission was formed by interlocal agreement between Brevard, Collier and Sarasota Counties.  The Commission was expanded in 1994 to include Charlotte, Lee and Osceola Counties.  The Commission is a legal entity created pursuant to Chapter 163, Florida Statutes.  The governing body of the Commission consists of a representative from each of the six member counties.  The Commission was established for the purpose of issuing commercial paper notes from which loans would be made to counties, cities, school boards and special districts throughout the State of Florida.  The commercial paper notes are issued pursuant to an indenture of trust between the Commission and US Bank, as Trustee to the loan program. Since inception, the program has lent over $2.8 billion to more than 50 Florida local governments and districts.  The loan program was designed to offer participants a more convenient borrowing vehicle with lower interest rates and fees than traditional sources of borrowing, such as bank loans, public offerings of debt, or line of credit financing.   Projects typically financed include capital improvement and infrastructure projects involving short-term and intermediate term financing, such as construction loan financing in which the loan will be repaid from the issuance of a long term bond, or pay-as-you go improvements.