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 April, 1 2016 was miscalculated.
The correct interest rate for the quarter beginning April 1, 2016 has been set at 4.78 percent per annum or a daily rate of 0.01306011 percent (0.0001306011 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.
