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State Treasury Generates $412.4 Million in Interest in FY 2021-2022

TALLAHASSEE, Fla. — Chief Financial Officer Jimmy Patronis announced the Florida Division of Treasury earned $412.4 million in interest during the 2021-22 fiscal year.

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Patronis said the interest generated saves taxpayer dollars and helps fund law enforcement, schools, and transportation projects.

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“As your CFO, one of my top priorities is to ensure that the fiscal health of Florida remains strong and that our state investments provide a good return for our customers — Florida’s taxpayers,” Patronis said.

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According to the CFO, Florida’s S&P rating was listed as AA- for June.

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Matt Reeser

Matt Reeser, WFTV.com

Matt Reeser joined WFTV in 1998 as a news photographer and has worked for television stations in Kentucky and West Virginia.