The Government Finance Officers Association (GFOA) has recognized the Florida Municipal Investment Trust (FMIvT), the Florida Municipal Loan Council (FMLC), the Florida Municipal Pension Trust Fund (FMPTF) and the Florida Municipal Insurance Trust (FMIT) 2016 Comprehensive Annual Financial Reports (CAFRs) with Certificates of Achievement for Excellence in Financial Reporting.
The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management
This is the eighth consecutive submission for the FMIvT, the sixth consecutive submissions for FMLC and FMPTF and the fourth consecutive submission for the FMIT to the GFOA’s award program.
The Florida Municipal Loan Council (FMLC) offers local governments of all sizes a variety of funding options to finance capital projects, renovations, fixed assets additions and land purchases or to refinance existing debt. The FMLC works with a team of professionals and advisors to provide greater market access and lower financing costs for its borrowers. For more information, visit http://www.floridaleagueofcities.com/financial-services.
The Florida Municipal Pension Trust Fund (FMPTF) was established in 1983 for the purpose of collectively managing employee retirement plans of participating Florida governments. The Fund operates as a non-profit, tax-exempt entity that provides professional and cost-effective investment and administrative services for all types of retirement plans. For more information, visit http://www.floridaleagueofcities.com/financial-services.
The Florida Municipal Investment Trust (FMIvT) is a local government investment pool administered by the Florida League of Cities, Inc. The FMIVT is an inter-local governmental entity created under the laws of the State of Florida and an Authorized Investment under Sec. 163.01 Florida Statutes. For more information, visit http://www.floridaleagueofcities.com/financial-services.
The Florida Municipal Insurance Trust (FMIT) offers workers’ compensation, liability, property and health insurance to Florida’s local governments. The Florida League of Cities Insurance and Financial Services Department is the administrator of the FMIT. The League established its first insurance program in 1977 to address the concerns of Florida’s municipal governments for affordable insurance and continues to tailor insurance coverage to the unique needs of public entities. For more information, visit http://insurance.flcities.com/default.aspx.