FLCLASS is supervised by a Board of Trustees comprised of eligible Participants of the FLCLASS program. The Board of Trustees supervises FLCLASS and its affairs and acts as the liaison between the Participants, the Custodian, and the Program Administrator. The Board administers the affairs of FLCLASS and enters into contracts and agreements on behalf of the Program. It also selects the Program Administrator, Investment Advisor, and the Custodian subject to the terms of the Interlocal Agreement.

The members below constitute the FLCLASS Board of Trustees. The Board may expand the membership of the Board and set initial terms for each additional Trustee, but the number of Trustees thereafter shall never be less than three nor more than thirteen.