DEPARTMENT OF FINANCIAL SERVICES
Division of Accounting and Auditing
Interest Rate Set Pursuant to Section 55.03, Florida Statutes
RULE NO.:RULE TITLE:
69I-25.003Requirements (Repealed)
DEPARTMENT OF FINANCIAL SERVICES
INTEREST RATE SET PURSUANT TO SECTION 55.03, FLORIDA STATUTES
Chapter 2011-169, Laws of Florida, amended Section 55.03(1), Florida Statutes (F.S), to require the Chief Financial Officer to set the rate of interest that shall be payable on judgments. and decrees on a quarterly basis rather than an annual basis. The interest rate for the quarter beginning April 1, 2024 has been set at 9.34 percent per annum or a daily rate of .0255191 percent (.000255191 expressed as a decimal).
Current and historical interest rates are available on the following website:
https://www.myfloridacfo.com/division/aa/local-governments/judgement-interest-rates
Please contact the Vendor Ombudsman Section at (850) 413-5516 if you have any questions.