Board of Trustees
The Board of Trustees consists of government representatives charged with general oversight of FL SAFE as detailed in the Indenture of Trust. The Board members will serve three year staggered terms and will not receive any monetary compensation for their service. The Board of Trustees include:
Board Member Term Ending Biography
Linda Senne, CPA, CGFM, CGMA
Madame Chair
Finance Director
City of Venice
FGFOA – Southwest Chapter
January 1, 2024
William Spivey
Vice Chair

Executive Director
Florida Development Finance Corporation

FGFOA - Central Florida Chapter
January 1, 2023
Mark Mason, CPA

Financial Services Director
City of Cape Coral
FGFOA – Southwest Chapter

January 1, 2025
Christine Cajuste, CPA, MBA
Board Member

Interim Finance Director
City of Tamarac, Florida

FGFOA – South Florida Chapter
January 1, 2024
Jerry Boop, CPA, CGFO
Board Member
Finance Director
City of Oviedo
FGFOA – Central Florida Chapter
January 1, 2025
Advisory Council
The Advisory Council members are recommended by the FL SAFE Administrator and Investment Advisor, and confirmed by the Board. They serve at will, and as a Participant, provide additional insight and advice on FL SAFE investment programs and services.
Dan Carpenter
Finance Director
City of Indian Rocks Beach
Jerry Gray, CPA
Finance Director
City of Maitland
Faye Henry, CPA, CTP, CFE
City Treasurer
City of Port St. Lucie
Mark Ryan
City Manager
City of Indian Harbour Beach
Download more information about PMA Financial Network, LLC here.
Other FL SAFE Service Programs
Cash Flow Management
Bond Proceeds Management
Financial Planning Program
Fixed Income Investment Program
Credit Risk Analysis
407.698.3001 | Email
7380 Sand Lake Road, Suite 650  |  Orlando, FL 32819

FL SAFE investment options include the FL SAFE Stable NAV Fund and FL SAFE Variable NAV Fund as separate managed investment portfolios whose holdings are subject to change, and Term Series portfolios (collectively “Funds”). Shares in FL SAFE Funds are offered and sold only based on the information contained in the current FL SAFE Information Statement which can be found here or can be obtained by calling 855.202.9650. These Funds are only offered and sold to units of local government under Florida statues as eligible participants in FL SAFE.

The Funds are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Stable NAV Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in this fund. The Variable NAV Fund seeks to provide current income while maintaining limited price volatility. The Variable NAV Fund has a floating net asset value, and the net asset value of a Participant’s investment could decline below the amount originally invested by the Participant. You should consider the applicable Fund's investment objectives, risks, charges and expenses detailed in the Information Statement before you invest.

Information in the Knowledge Center and elsewhere on this website is intended for institutional investors and has been published for informational and educational purposes only. The information should not be considered as investment advice or a recommendation of any particular security, strategy or investment product, which may only be done after client suitability is reviewed and determined. This information does not represent an offer or solicitation to buy or sell shares of the FL SAFE Funds, or any other security. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. Past performance is not a guarantee of future results. The FL SAFE service providers may, from time to time, voluntarily waive certain fees and expenses, which may affect the yield. Expenses are detailed in the Information Statement under "Fees and Expenses of the Funds."

FL SAFE Fund shares are marketed through PMA Securities, LLC., a broker-dealer and municipal advisor registered with the SEC and MSRB, and member of FINRA and SIPC. FL SAFE Fixed Income Investment Program investments are offered and sold through PMA Securities, LLC. and its affiliate, PMA Financial Network, LLC., which serves as Operational Manager to FL SAFE. PMA Asset Management, LLC., an SEC registered investment adviser and PMA affiliate, serves as the investment advisor to FL SAFE and Florida Management Administrative Services, LLC (FMAS) serves as Administrator to FL SAFE.