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Terms of Use

Information on this website is not intended to be the basis of, and should not be relied upon in making an investment in the Florida Municipal Power Agency.
Each document contained in the Investors section of the website is marked with a dated date and speaks only as of that dated date. Readers are cautioned not to assume that any information has been updated beyond the dated date unless a document expressly states that it constitutes an update of a specific portion of a document. FMPA expressly disclaims any duty to provide an update of any document contained in this section.

Documents in this section make forward-looking statements by using forward-looking words such as may, will, should, expects, believes, anticipates, estimates or others. You are cautioned that forward-looking statements are subject to a variety of uncertainties that could cause actual results to differ from the projected results. Those risks and uncertainties include general economic, business and operating conditions, receipt of funding grants, and various other factors that are beyond FMPA’s control. Because FMPA cannot predict all factors that may affect future decisions, actions, events, or financial circumstances, what actually happens may be different from what is included in forward-looking statements.

Investors Overview

Financial Responsibility

Maintaining sound finances helps FMPA provide competitively priced power for its member communities

Our financial information is publicly available on our website for both investors and interested members of the public.

Legal Authority

The Florida Interlocal Cooperation Act of 1969 authorizes local governments to work together

These governments are authorized to enter into an agreement to cooperatively and jointly exercise the powers that each local government has individually, and to create a separate legal entity by interlocal agreement to carry out the purpose of their joint action. FMPA was formed in 1978 as one such governmental legal entity.

FMPA is authorized under Florida law to undertake specific joint electric projects, provide related services, and to issue tax-exempt bonds and other obligations to finance the costs of such projects.

Independent Projects

FMPA was established as a project-oriented agency

Under this structure, each member has the option of whether or not to participate in a project. Members may join more than one project; however, each project is financially independent from the others, so no revenues or funds available from one project can be used to pay the costs of another project. Each project has its own credit rating.

Featured News

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February 6, 2019

FMPA Appoints Ken Rutter as Power Agency’s COO

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February 1, 2019

Did You Ever Think About What It Takes to Provide Electricity?

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January 16, 2019

Ocala Electric Contributes $19 Million in Value to Local Economy

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