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Surplus funds? That must be the State of Florida CAFR. The stocks share value is determined by the price paid, not the current value, so the net assets are magnitudes greater than is what is being reported.
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United States never held any municipal sovereignty, jurisdiction, or right of soil in Alabama or any of the new states which were formed ... The United States has no Constitutional capacity to exercise municipal jurisdiction, sovereignty or eminent domain, within the limits of a state or elsewhere, except in the cases in which it is expressly granted ...
[Pollard v. Hagan, 44 U.S. 212 (1845)]
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