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FLIP — FL-FIT Liquidity Investment Pool

Property Tax Season. Simplified.

FLIP was built to make Florida’s property tax season easier to manage. It’s a simple way to receive, invest and distribute property tax collections, while keeping funds invested throughout the process.

The Seasonal Surge

More Collections Shouldn’t Mean More Complexity.

$59B+

in property taxes levied across Florida in 2025.¹

Every November, the money starts moving. Property tax collections don’t arrive evenly. Most of the season’s cash lands in a few weeks of late November and December, and balances climb fast.

With that come a lot of moving pieces: finding bank capacity, managing collateral, moving money between banks and investments, monitoring balances and making sure cash is ready when it needs to go back out.

That process works. But it creates a lot of work for dollars that may only be around for a few months.

What if the seasonal cash surge didn’t have to create a seasonal operational surge?

Property tax collections by period. Most collections arrive in late November; 23.2% from November 17–25 and 40.1% from November 26–30. Graphic numbers are illustrative; actual results vary. Source: Florida Department of Revenue, 2025 County Profiles.
Property tax collections by period. Most collections arrive in late November; 23.2% from November 17–25 and 40.1% from November 26–30. Graphic numbers are illustrative; actual results vary. Source: Florida Department of Revenue, 2025 County Profiles.

How it Works

Collect. Invest. Distribute.

FLIP makes it that simple. Say goodbye to the operational headaches of tax season.

01 Collect

Deposit property tax collections directly into your FLIP account.

02 Invest

Keep those funds invested in institutional government money market funds while you wait to distribute them.

03 Distribute

Send proceeds directly to participating taxing authorities through FLIP’s secure online portal.

Less movement. Fewer steps. More flexibility.

For Taxing Authorities

And It’s Easier on the Other Side, Too.

Participating taxing authorities can receive their distributions directly into their own FLIP account, already invested. There’s no need to move the money the moment it arrives.

The largest distributions often arrive at the least convenient time.

Much of the annual distribution lands in December, when staff are out for the holidays, year-end work is competing for attention and banks are managing their own year-end balance sheets. FLIP gives your team time.

Within the FLIP platform, funds stay invested.

Tax Collector FLIP account distributes to four taxing authority FLIP accounts. Funds are invested in institutional government money market funds while awaiting distribution.
Tax Collector FLIP account distributes to four taxing authority FLIP accounts. Funds are invested in institutional government money market funds while awaiting distribution.

Built for Florida

Simple on the Surface.
Institutional Strength Underneath.

FLIP gives Tax Collectors access to a diversified portfolio of institutional government 2a-7 money market funds through one liquidity solution.

AAAf

Rated by Fitch Ratings

Stable NAV structure designed to preserve principal

Same-day

Liquidity for when collections need to go back out

Authorized investment under Section 218.415, Florida Statutes

$1.2T+

In AAA-rated government money market fund assets across underlying providers

Audit-ready reporting and full transparency

25+ years

Managing public funds in Florida

Florida-based client service and advisory team

Our Underlying Fund Providers

BNY Investments Dreyfus
Fidelity Investments
Goldman Sachs
J.P. Morgan Asset Management
Morgan Stanley

Making the process easier doesn’t mean ignoring return. Funds earn a competitive yield while they await distribution. View daily yield at fl-fit.com

Talk to Our Team

Make Property Tax Season Easier.

FLIP was designed specifically for the unique cash-flow needs of Florida public entities. Connect with our Florida-based team to see how it fits your office.

Simple for Tax Collectors.
Simple for Taxing Authorities.
Built for Florida.

866.319.3655 | info@fl-fit.com

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Disclosures

Deep Blue Investment Advisors is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration as an investment adviser does not, and should not be construed to, imply any level of skill or training.

This information is only intended for institutional and/or sophisticated professional investors. This material is intended for informational purposes only and should not be relied upon to make an investment decision, as it was prepared without regard to any specific objectives or financial circumstances. It should not be construed as an offer or solicitation to purchase or sell any securities or other investment vehicle. Any investment or strategy referenced may involve significant risks, including, but not limited to: risk of loss, illiquidity, unavailability within all jurisdictions, and may not be suitable for all investors. To the extent permitted by applicable law, no member of the Deep Blue Investment Advisors Team and/or Florida Fixed Income Trust or any officer, employee or associate accepts any liability whatsoever for any direct or consequential loss arising from any use of this website or its contents, including for negligence. This material is not intended for distribution to, or use by, any person in a jurisdiction where delivery would be contrary to applicable law or regulation, or where it is subject to any contractual restriction. No further distribution is permissible without prior written consent.

The views expressed within this website constitute the perspective and judgment of Deep Blue Investment Advisors and/or Florida Fixed Income Trust at the time of distribution and are subject to change. Any forecast, projection, or prediction of the market, the economy, economic trends, and equity or fixed-income markets are based upon current opinion as of the date of issue and are also subject to change. Opinions and data presented are not necessarily indicative of future events or expected performance. Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources, believed to be reliable. No representation is made as to its accuracy or completeness.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.