DEPARTMENT OF FINANCIAL SERVICES
Division of Accounting and Auditing
RULE NO.:RULE TITLE:
69I-25.003Requirements
Interest Rate Set Pursuant To Section 55.03, Florida Statues - Correction
DEPARTMENT OF FINANCIAL SERVICES
Due to rounding error the judgement interest rate for quarter beginning July 1, 2016 was miscalculated.
The correct interest rate for the quarter beginning July 1, 2016 has been set at 4.84 percent per annum or a daily rate of .01322404 percent (.0001322404 expressed as a decimal). The daily rate considers that 2016 is a leap year, and is calculated by dividing the annual rate by 366 days.
Current and historical interest rates are available on the following website:
http://www.myfloridacfo.com/Division/AA/Vendors/default.htm.
Please contact the Vendor Ombudsman Section at (850)413-5516 if you have any questions.
