Subject:
Title
Public Official Bonds for Public Officers.
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Recommended Action:
Recommended Action
Approval of the Public Official Bonds as required by law for the Public Officers elected in November 2024.
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Strategic Plan:
N/A
Summary:
Summary
Chapter 137, Florida Statutes, requires that public officers post bonds insuring performance of the duties of their offices as provided by law. Attached are copies of the required bonds as established by Resolution 98-216, which were secured by Hartford Fire Insurance Company in the following amounts:
Clerk of the Circuit Court - $100,000.00
Property Appraiser - $10,000.00
Sheriff - $25,000.00
Tax Collector - $400,000.00
While the Supervisor of Elections is not required by Chapter 137 to post a bond, due to changes made to the Florida Election Code, a bond was procured for the Supervisor in 2022. However, since that bond was purchased off cycle, it is not yet due for renewal. Approval of these public official bonds will include ratification of the bond purchased for the Supervisor.
Chapters 113.07, Florida Statutes, indicates that the cost of the premium of the bond will be paid out of the general revenue fund of the County. In accordance with Chapters 137.01, Florida Statutes, the bond of each County officer whom a bond is required must be filed with the Clerk of the Circuit Court and Comptroller.
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Background Information:
N/A
Fiscal Impact:
Total cost to the County for the bonds noted above was $6,524.00. These bonds have been purchased and paid for by the Risk Management Department.
Staff Member Responsible:
Jewel White, County Attorney
Keith Bentley, Director, Risk Management & Claims
Partners:
Newly Elected Public Officers
Attachments:
Public Official Bonds.
Resolution 98-216 establishing bond amounts.