Frequently Asked Questions

  • About FLCLASS
  • Managing My Account


Q: What are the investment objectives for FLCLASS?
A: The general investment approach and objectives of FLCLASS shall be: (1) safety of principal; (2) liquidity of funds; (3) transparency; and (4) investment return, in that order. FLCLASS adheres to an Investment Policy adopted by the Board of Trustees and follows the investment criteria for a AAA rated Net Stable Value Fund. 

Q: What type of securities does FLCLASS invest in?
A: FLCLASS may only be invested in a manner that is permitted pursuant to the laws of the State of Florida and Florida's Investment of Local Government Surplus Funds Act, Florida Statutes, Chapter 218.415. Furthermore, investments are made in accordance with the Program's own investment policy which is structured to achieve the highest attainable rating for local government pools from a nationally recognized statistical ratings organization (NRSRO).

Q: Who oversees FLCLASS?
A: FLCLASS is supervised by an appointed Board of Trustees comprised of eligible Participants of the FLCLASS program. The Board of Trustees supervises FLCLASS and its affairs and acts as the liaison between the Participants, the Custodian and the Program Administrator. The Board administers the affairs of FLCLASS and enters into contracts and agreements on behalf to the Program in order to effectuate the terms of the Interlocal Agreement. It also selects the Program Administrator, Investment Advisor and the Custodian, subject to the terms of the Interlocal Agreement.

Q: Is FLCLASS rated?
A: FLCLASS is proud to announce that it has been rated 'AAAm' by Standard and Poor's Ratings Services. The 'AAAm' principal stability fund rating is the highest assigned to principal stability government investment pools and is a direct reflection of FLCLASS's outstanding credit quality and management.

Q: Who is eligible to use FLCLASS?
A: Participation in FLCLASS is available to all political subdivisions, instrumentalities of political subdivisions and State agencies in the State of Florida, including; counties, cities, towns, villages, school districts, special districts and other public entities.

Q: How can an eligible entity Participate in FLCLASS?
A: Enrolling in FLCLASS is simple. Participants may join FLCLASS by one of two methods. After reading the Interlocal Cooperation Agreement and Information Statement, either approve an Authorizing Resolution or sign an Instrument of Adoption. Then simply complete the FLCLASS Registration Packet which is available in the Document Center.

Managing My FLCLASS Account

Q: What is the minimum requirement for investing in FLCLASS?
A: There is no minimum investment amount for FLCLASS.

Q: What transaction fees does FLCLASS charge?
A: FLCLASS does not charge any transaction fees.

Q: What are the limits on the number of transactions?
A: FLCLASS does not limit the number of transactions.

Q: Does FLCLASS limit the number of subaccounts?
A: FLCLASS does not limit the number of subaccounts.

Q: What are FLCLASS's business hours?
A: The FLCLASS offices are open Monday thru Friday from 8:00 a.m. until 5:30 p.m. EST. Please consult the News and Notices page at for FLCLASS office closures.

Q: What are the daily cut-offs for transactions?
A: Transactions conducted by MYACCESS, telephone or fax need to be concluded by 3:00 p.m. EST for same-day credit.

Q: What is the difference between a Wire and an ACH?
A: Wires are funds transferred via the Federal Reserve Wire System and can be processed and received by your beneficiary bank on the same day as long as the transaction is requested prior to the 3:00 p.m. EST cut-off. ACHs (Automated Clearing House) are processed overnight and are generally available to the beneficiary bank one business day after the transaction request has been made.

Q: For a next-day ACH, what is the cut-off time?
A: Next day ACH requests must be received by 3:00 p.m. EST (24 hours in advance).

Q: What are the fees associated with Wires and ACHs?
A: FLCLASS does not charge any banking fees to its Participants. However, your bank may have wiring fees and/or incoming ACH fees, so we always recommend checking with a representative at your bank to discuss the potential costs.

Q: Are the banking instructions different for a Wire or an ACH?
A: Many banking institutions have separate ABA/Routing numbers depending on whether the transactions are being processed via Wire or ACH. Please contact your local banking representative to ensure that you are providing FLCLASS Client Services with the appropriate account information.

Q: When are the FLCLASS monthly statements delivered?
A: FLCLASS monthly statements are emailed to Participants on the second business day of the month.

Q: Does FLCLASS have a policy against providing a copy of the daily investment holdings report?
A: FLCLASS does not have such a policy. If a Participant requests a copy of the investment holdings report we will provide a copy. The investment holdings report shows the investment positions for that day.


A: MYACCESS is a secure, internet based transaction system that allows FLCLASS Participants to self-manage their investments. MYACCESS is available 24/7, 365 days a year.

Q: How does a FLCLASS Participant receive a login for MYACCESS?
A: In order to obtain a MYACCESS registration and instructions, FLCLASS Participants should email us at .

Q: What functions can MYACCESS perform?
A: FLCLASS's MYACCESS allows Participants to make contributions, withdrawals and transfers between subaccounts as well as to other approved FLCLASS Participants. Users can pre-date important transactions, ensuring that they are handled reliably, and avoiding unfortunate timing issues or cash access emergencies. Reporting features available via MYACCESS include access to monthly statements, transaction confirmations and details highlighting past, present and future dated transactions.

Q: How long does it take to receive a registration for MYACCESS?
A: All new usernames and passwords are system generated and will arrive via email one day after the request is made.