The Division of Bond Finance prepares an annual Debt Report to review changes in the State’s debt position that occurred over the past year and show how future debt service payments, debt issuance, and revenue projections will affect the State’s benchmark debt ratio. The report also provides information on matters important to the State’s credit ratings like pension liabilities and reserves, as well as developments in alternative financing techniques used by the State including public private partnerships and university direct support organizations. The Report is prepared as required by Section 215.98, Florida Statutes.
The Division operates in compliance with the State of Florida Debt Management Policy as approved by the Governor and Cabinet August 2013.