November 11, 2019
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The Florida Statutes

The 2009 Florida Statutes

Title XVIII
PUBLIC LANDS AND PROPERTY
Chapter 255
PUBLIC PROPERTY AND PUBLICLY OWNED BUILDINGS
View Entire Chapter
Section 255.511, Florida Statutes 2009

255.511  Factors to be considered in establishing rental rates.--

(1)  The Department of Management Services shall prepare a complete annual budget for debt service on obligations issued under this act and for capital depreciation reserve deposits and expenses included in the operation and maintenance of each facility in the pool.

(2)  The amount included in the budget for capital depreciation reserve deposits shall be an appropriate amount determined in accordance with generally accepted governmental accounting principles, for economic obsolescence and depreciation of each facility in the pool.

History.--s. 13, ch. 85-349; s. 31, ch. 98-279.

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