C F O Patronis' Rundown newsletter
Inicio | Past Issues | PDF | Suscribir Volume 17 | Number 22 | September 4, 2020

Floridians,

Last week, Hurricane Laura ripped through the Gulf Coast as a dangerous Category 4 storm causing mass flooding and damage. As we see so often, once the rain and wind subside, the real recovery begins and these communities need your help now more than ever. I’m asking all Floridians to keep the victims of Hurricane Laura in your thoughts and prayers and consider donating or volunteering with the recovery efforts. Visite fema.gov/disasters/volunteer-donate para obtener mayor información.

CFO Jimmy Patronis video message on supporting Hurricane Laura victims

For nearly a week, Florida US&R Task Force 4 was stationed in Louisiana and provided life-saving resources to communities impacted by Hurricane Laura. These highly trained firefighters worked diligently to support the state of Louisiana’s emergency response efforts by navigating devastating flood waters, clearing roads and providing medical assistance along the Gulf Coast and in some of the hardest hit coastal areas. This is why it’s vital that we support our first responders as they work tirelessly to aid communities in their most critical time of need following a catastrophic natural disaster.

Thank you to Louisiana State Fire Marshal Butch Browning for your hard work in coordinating Hurricane Laura response efforts and congratulations to US&R Task Force on a successful mission and safe return home.

Secondly, this week I had the pleasure of announcing that our Treasury Division generated $41.25 million in interest from CARES Act funding for the state’s general fund, which can be used at the discretion of the State of Florida. As your CFO, I have a statutory duty to fully invest or deposit state funds to realize maximum earnings and benefits. When Treasury received the nearly $5.9 billion in CARES Act funding, our team went to work in investing these dollars to generate more capital for priorities like health care, schools and roads. Through these strategic investments, we’ve generated more than $41 million that can be used for any purpose the Governor and Legislature deem necessary. That’s a huge sum of cash that can positively impact our communities!

Lastly, our Division of Unclaimed Property has been steadfast in their commitment to return as much money as possible back to Floridians in 2020, and I’m extremely pleased that in the past two months we have reached our two highest months ever in returns. We have now returned more than $190 million since the COVID-19 pandemic began directly impacting the lives, jobs and businesses of Floridians in March. This great news is critical as we are continuing to deal with the economic impacts of COVID-19, and as your CFO, I will do everything I can to financially help Floridians get through these tough times.

I encourage all Floridians to search now for unclaimed property at FLTreasureHunt.gov.


Atentamente,

Jimmy
Jimmy Patronis
Chief Financial Officer
State of Florida

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