FLORIDA RETIREMENT SYSTEM ADJUSTMENT - FY 2021-22 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY
|
| Dollars | Positions | Dollars | Positions | Dollars | Positions |
|---|
| $90,942,955 | 107.00 | $103,384,632 | 116.00 | ($12,441,677) | (9.00) |
| |
Policy Area: GOVERNMENTAL OPERATIONS
Issue: ESTIMATED EXPENDITURES - OPERATIONS |
|---|
|
| Dollars | Positions | Dollars | Positions | Dollars | Positions |
|---|
| CONTRACTED LEGAL SERVICES | | |
| STATE RISK MANAGEMENT TRUST FUND | $31,476,020 | | $31,976,020 | | ($500,000) | 0.00 |
| Total | $31,476,020 | 0.00 | $31,976,020 | 0.00 | ($500,000) | 0.00 |
| CONTRACTED LEGAL SERVICES - OFFICE OF THE ATTORNEY GENERAL | | |
| STATE RISK MANAGEMENT TRUST FUND | $6,083,924 | | $7,083,924 | | ($1,000,000) | 0.00 |
| Total | $6,083,924 | 0.00 | $7,083,924 | 0.00 | ($1,000,000) | 0.00 |
| CONTRACTED MEDICAL SERVICES | | |
| STATE RISK MANAGEMENT TRUST FUND | $21,574,182 | | $20,659,182 | | $915,000 | 0.00 |
| Total | $21,574,182 | 0.00 | $20,659,182 | 0.00 | $915,000 | 0.00 |
| CONTRACTED SERVICES | | |
| STATE RISK MANAGEMENT TRUST FUND | $5,295,537 | | $5,202,537 | | $93,000 | 0.00 |
| Total | $5,295,537 | 0.00 | $5,202,537 | 0.00 | $93,000 | 0.00 |
| EXCESS INSURANCE AND CLAIM SERVICE | | |
| STATE RISK MANAGEMENT TRUST FUND | $14,052,500 | | $14,052,500 | | $0 | 0.00 |
| Total | $14,052,500 | 0.00 | $14,052,500 | 0.00 | $0 | 0.00 |
| EXPENSES | | |
| STATE RISK MANAGEMENT TRUST FUND | $4,110,286 | | $5,110,286 | | ($1,000,000) | 0.00 |
| Total | $4,110,286 | 0.00 | $5,110,286 | 0.00 | ($1,000,000) | 0.00 |
| FLORIDA ACCOUNTING INFORMATION RESOURCE (FLAIR) SYSTEM REPLACEMENT | | |
| STATE RISK MANAGEMENT TRUST FUND | $78,750 | | $77,350 | | $1,400 | 0.00 |
| Total | $78,750 | 0.00 | $77,350 | 0.00 | $1,400 | 0.00 |
| LEASE OR LEASE-PURCHASE OF EQUIPMENT | | |
| STATE RISK MANAGEMENT TRUST FUND | $27,831 | | $27,831 | | $0 | 0.00 |
| Total | $27,831 | 0.00 | $27,831 | 0.00 | $0 | 0.00 |
| OPERATING CAPITAL OUTLAY | | |
| STATE RISK MANAGEMENT TRUST FUND | $500 | | $500 | | $0 | 0.00 |
| Total | $500 | 0.00 | $500 | 0.00 | $0 | 0.00 |
| OPERATION OF MOTOR VEHICLES | | |
| STATE RISK MANAGEMENT TRUST FUND | $0 | | $2,000 | | ($2,000) | 0.00 |
| Total | $0 | 0.00 | $2,000 | 0.00 | ($2,000) | 0.00 |
| OTHER PERSONAL SERVICES | | |
| STATE RISK MANAGEMENT TRUST FUND | $43,224 | | $43,224 | | $0 | 0.00 |
| Total | $43,224 | 0.00 | $43,224 | 0.00 | $0 | 0.00 |
| RISK MANAGEMENT INFORMATION CLAIMS SYSTEM | | |
| STATE RISK MANAGEMENT TRUST FUND | $833,530 | | $833,530 | | $0 | 0.00 |
| Total | $833,530 | 0.00 | $833,530 | 0.00 | $0 | 0.00 |
| RISK MANAGEMENT INSURANCE | | |
| STATE RISK MANAGEMENT TRUST FUND | $52,251 | | $45,393 | | $6,858 | 0.00 |
| Total | $52,251 | 0.00 | $45,393 | 0.00 | $6,858 | 0.00 |
| SALARIES AND BENEFITS | | |
| STATE RISK MANAGEMENT TRUST FUND | $9,373,648 | | $8,667,093 | | $706,555 | 0.00 |
| Total | $9,373,648 | 116.00 | $8,667,093 | 116.00 | $706,555 | 0.00 |
| TRANSFER TO DEPARTMENT OF MANAGEMENT SERVICES - HUMAN RESOURCES SERVICES PURCHASED PER STATEWIDE CONTRACT | | |
| STATE RISK MANAGEMENT TRUST FUND | $35,692 | | $33,754 | | $1,938 | 0.00 |
| Total | $35,692 | 0.00 | $33,754 | 0.00 | $1,938 | 0.00 |
| VETERAN / FIRST RESPONDER ELECTROENCEPHALOGRAM PILOT PROGRAM | | |
| GENERAL REVENUE FUND | $10,000,000 | | $0 | | $10,000,000 | 0.00 |
| Total | $10,000,000 | 0.00 | $0 | 0.00 | $10,000,000 | 0.00 |
| Total Issue: ESTIMATED EXPENDITURES - OPERATIONS | $103,037,875 | 116.00 | $93,815,124 | 116.00 | $9,222,751 | 0.00 |
| | Justification | | |