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Code · Florida · Title IV — Executive Branch · Chapter 20

20.25501 Department of Environmental Protection; trust funds.

260 words·~1 min read·/fl/title-iv/chapter-20/20-25501

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The following trust funds shall be administered by the Department of Environmental Protection:
(1)The Federal Grants Trust Fund.
(a)The trust fund is established for use as a depository for funds to be used for allowable grant activities funded by restricted program revenues from federal sources. Moneys to be credited to the trust fund shall consist of grants and funding from the Federal Government, interest earnings, and cash advances from other trust funds.
(b)Funds shall be expended only pursuant to legislative appropriation or an approved amendment to the department’s operating budget pursuant to the provisions of chapter 216.
(2)The Administrative Trust Fund.
(a)The trust fund is established for use as a depository for funds to be used for management activities that are departmental in nature and is funded by assessments against trust funds.
(b)Notwithstanding s. 216.301 and pursuant to s. 216.351 , any balance in the trust fund at the end of a fiscal year shall remain in the trust fund and shall be available for carrying out the purpose of the trust fund.
(3)The Working Capital Trust Fund.
(a)The trust fund is established for use as a depository for funds to be used for the operation of the department’s information technology services and is funded by assessments against trust funds.
(b)Notwithstanding s. 216.301 and pursuant to s. 216.351 , any balance in the trust fund at the end of a fiscal year shall remain in the trust fund and shall be available for carrying out the purpose of the trust fund.
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