Interest Rate Pursuant to Section 55.03, florida Statute

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    DEPARTMENT OF FINANCIAL SERVICES

    Division of Accounting and Auditing

    Interest Rate Pursuant to Section 55.03, Florida Statute

    RULE NO.:RULE TITLE:

    69I-25.003Requirements (Repealed)

    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 January 1, 2024 has been set at 9.09 percent per annum or a daily rate of .0248361 percent (.000248361 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.

Document Information

Related Rules: (1)
69I-25.003. Requirements