FINANCIAL SERVICES COMMISSION (Program); OFFICE OF FINANCIAL REGULATION; EXECUTIVE DIRECTION AND SUPPORT SERVICESGovernor's Recommendations
2022-23
Current Year Budget
2021-22
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$9,576,95850.00$9,618,07650.00($41,118)0.00
 
Budget Issues (Continuation and New)
 Show Funding SourceGovernor's Recommendations
2022-23
Current Year Budget
2021-22
Difference
 DollarsPositionsDollarsPositionsDollarsPositions
Policy Area: REGULATION AND LICENSING
ANNUALIZATION OF ADMINISTERED FUNDS APPROPRIATIONS      
 STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2020-21 - FIVE MONTHS ANNUALIZATION$00.00$8,2860.00($8,286)0.00
 STATEWIDE PAY INCREASE FOR FY 2020-21 - THREE MONTHS ANNUALIZATION$00.00$13,2740.00($13,274)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2020-21 - EFFECTIVE 12/1/2020$00.00$11,6010.00($11,601)0.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT$13,6840.00$13,0780.00$6060.00
 ESTIMATED EXPENDITURES - OPERATIONS$9,565,76850.00$6,333,99818.00$3,231,77032.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT - FY 2021-22 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$37,1010.00$37,1010.00$00.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2020-21 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$00.00$21,6340.00($21,634)0.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING($1,078)0.00($1,082)0.00$40.00
 SALARY INCREASES FOR FY 2020-21 - STATEWIDE PAY INCREASE - EFFECTIVE 10/1/2020$00.00$39,8210.00($39,821)0.00
 SALARY INCREASES FOR FY 2021-22 - STATE EMPLOYEE MINIMUM WAGE INCREASE - EFFECTIVE 7/1/2021$2,6010.00$2,6010.00$00.00
FUND SHIFT      
 FUND SHIFT RESULTING FROM REALIGNMENT OF LEGAL TEAM POSITIONS - ADD$00.00$2,774,3570.00($2,774,357)0.00
 FUND SHIFT RESULTING FROM REALIGNMENT OF LEGAL TEAM POSITIONS - DEDUCT$00.00($2,774,357)0.00$2,774,3570.00
 FUND SHIFT RESULTING FROM REALIGNMENT OF TECHNOLOGY SUPPORT TEAM POSITIONS - ADD$00.00$361,7820.00($361,782)0.00
 FUND SHIFT RESULTING FROM REALIGNMENT OF TECHNOLOGY SUPPORT TEAM POSITIONS - DEDUCT$00.00($361,782)0.00$361,7820.00
INTRA-AGENCY REORGANIZATIONS      
 LEGAL TEAM REALIGNMENT - LEGAL AND ADMINISTRATIVE POSITIONS WITHIN OFFICE OF FINANCIAL REGULATION - ADD$00.00$2,825,98228.00($2,825,982)(28.00)
 TECHNOLOGY SUPPORT - REALIGNMENT OF POSITIONS AND FUNDING WITHIN OFFICE OF FINANCIAL REGULATION - ADD$00.00$361,7824.00($361,782)(4.00)
NONRECURRING EXPENDITURES      
 TECHNOLOGY INNOVATION - CH 2020-161, LOF (HB 1391)$00.00($50,000)0.00$50,0000.00
PROGRAM REDUCTIONS      
 OFFICE OF FINANCIAL REGULATION - REDUCTION IN EXPENSES ASSOCIATED WITH LEASED SPACE REDUCTION($41,118)0.00$00.00($41,118)0.00
Total Policy Area: REGULATION AND LICENSING$9,576,95850.00$9,618,07650.00($41,118)0.00