FINANCIAL SERVICES COMMISSION (Program); OFFICE OF FINANCIAL REGULATION; SAFETY AND SOUNDNESS OF STATE BANKING SYSTEMGovernor's Recommendations
2021-22
Current Year Budget
2020-21
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$11,588,23995.00$11,884,06399.00($295,824)(4.00)
 
Budget Issues (Continuation and New)
 Show Funding SourceGovernor's Recommendations
2021-22
Current Year Budget
2020-21
Difference
 DollarsPositionsDollarsPositionsDollarsPositions
Policy Area: REGULATION AND LICENSING
ANNUALIZATION OF ADMINISTERED FUNDS APPROPRIATIONS      
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2019-20 - FIVE MONTHS ANNUALIZATION$00.00$24,4410.00($24,441)0.00
 STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2020-21 - FIVE MONTHS ANNUALIZATION$38,3350.00$00.00$38,3350.00
 STATEWIDE PAY INCREASE FOR FY 2020-21 - THREE MONTHS ANNUALIZATION$55,5420.00$00.00$55,5420.00
CASUALTY INSURANCE PREMIUM ADJUSTMENT      
 CASUALTY INSURANCE PREMIUM DISTRIBUTION MODIFICATION$00.00$6,0770.00($6,077)0.00
 CASUALTY INSURANCE PREMIUM READJUSTMENT$00.00$5,2060.00($5,206)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2019-20 - EFFECTIVE 12/1/2019$00.00$34,2180.00($34,218)0.00
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2020-21 - EFFECTIVE 12/1/2020$53,6690.00$53,6690.00$00.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT($13,762)0.00($18,968)0.00$5,2060.00
 ESTIMATED EXPENDITURES - OPERATIONS$11,593,40699.00$12,133,958109.00($540,552)(10.00)
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2019-20 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$00.00$13,9380.00($13,938)0.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2020-21 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$84,1370.00$84,1370.00$00.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING($12)0.00($149)0.00$1370.00
 SALARY INCREASES FOR FY 2020-21 - STATEWIDE PAY INCREASE - EFFECTIVE 10/1/2020$166,6250.00$166,6250.00$00.00
ESTIMATED EXPENDITURES REALIGNMENT      
 TRANSFER OF POSITION(S) AND FUNDING WITHIN THE OFFICE OF FINANCIAL REGULATION - DEDUCT$00.00($619,089)(10.00)$619,08910.00
INTRA-AGENCY REORGANIZATIONS      
 LEGAL TEAM REALIGNMENT - LEGAL AND ADMINISTRATIVE POSITIONS WITHIN OFFICE OF FINANCIAL REGULATION - DEDUCT($389,701)(4.00)$00.00($389,701)(4.00)
Total Policy Area: REGULATION AND LICENSING$11,588,23995.00$11,884,06399.00($295,824)(4.00)