Agenda 12/09/2025 Item #16J 6 (The Clerk’s report indicating that no interest was paid pursuant to Florida Statute 218.78 for the fiscal year ended September 30, 2025)12/9/2025
Item # 16.J.6
ID# 2025-4792
Executive Summary
Recommendation to accept the Clerk’s report indicating that no interest was paid pursuant to Florida Statute 218.78 for
the fiscal year ended September 30, 2025.
OBJECTIVE: Board approval of the Clerk’s reporting of no interest paid pursuant to Florida Statute 218.78 for the
fiscal year ended September 30, 2025.
CONSIDERATIONS: Pursuant to Florida Statute 218.78, the Local Government Prompt Payment Act, each local
government unit shall report to the Board the amount of interest paid during the preceding fiscal year. Florida Statute
218.78 reads:
Report of interest. – If the total amount of interest paid during the preceding fiscal year exceeds $250, each local
government entity shall, during December of each year, report to the board of county commissioners or the municipal
governing body the number of interest payments made by it during the preceding fiscal year and the total amount of such
payments made under this part.
For the fiscal year ended September 30, 2025, there were no interest payments to report pursuant to Florida Statute
218.78.
FISCAL IMPACT: None.
GROWTH MANAGEMENT IMPACT: None.
LEGAL CONSIDERATIONS: This item has been reviewed by the Count Attorney, is approved as to form and
legality, and requires majority vote for acceptance of the report. -JAK
RECOMMENDATION(S): That the Board of County Commissioners approve this reporting of interest for fiscal year
ending September 30, 2025.
PREPARED BY: Derek M. Johnssen, Finance Director
Office of the Clerk of the Circuit Court and Comptroller
ATTACHMENTS:
None
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