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Ashley Carr

Jeff Atwater wins first round of $1 billion bonds fight with feds

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Florida Chief Financial Officer Jeff Atwater has scored a preliminary win in his fight against the federal government over U.S. savings bonds he holds as unclaimed property. The U.S. Treasury has agreed to redeem “just over 1,000 bonds, worth a little more than half a million dollars, excluding accrued interest,” Atwater spokeswoman Ashley Carr said Thursday. The total value of all the bonds in question is more than $1 billion. A Treasury spokesman did not immediately respond to a request for comment. In November, Atwater sued the…

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Audit uncovers flaws in state’s accounting system

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accounting

When you try to manage a multi-billion-dollar state budget with three-decade-old software, problems are bound to happen. An audit has found security flaws in the Department of Financial Services‘ antiquated FLAIR accounting system, according to a report released Friday. (FLAIR stands for “Florida Accounting Information Resource Subsystem.”) The department is run by Chief Financial Officer Jeff Atwater. Among those, “access privileges for some FLAIR and network users did not … restrict users to only those functions necessary for assigned job duties,” it…

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Jeff Atwater hosting ‘Treasure Hunt’ to auction off $700K in unclaimed property

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Chief Financial Officer Jeff Atwater is asking members of the public to come to Jacksonville this weekend to participate in an auctioning off of hundreds of thousands of dollars in property, held in what is essentially the massive state “lost and found” that his office oversees. Atwater’s office invites “Floridians” — though nearby Georgians will certainly come to join in the spoils too — to the Mariott Hotel in Jacksonville to bid in a massive auction “featuring the sale of 50,000 items valued…

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