Navigation IOTA collections top $45 million in FY 2022-23
Murray Silverstein
The Florida Bar Foundation received $45,547,390.93 in Interest on Trust Accounts (IOTA) collections during fiscal year 2022-23, its second year under new rules set by the Florida Supreme Court.
Buoyed by higher interest rates, that’s $36 million more than the $9.5 million the IOTA program generated in the previous fiscal year.
