FINANCIAL SERVICES COMMISSION (Program); OFFICE OF FINANCIAL REGULATION; FINANCIAL INVESTIGATIONSGovernor's Recommendations
2021-22
Current Year Budget
2020-21
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$3,852,55244.00$3,988,92945.00($136,377)(1.00)
 
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$9,3160.00($9,316)0.00
 STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2020-21 - FIVE MONTHS ANNUALIZATION$18,9940.00$00.00$18,9940.00
 STATEWIDE PAY INCREASE FOR FY 2020-21 - THREE MONTHS ANNUALIZATION$21,2540.00$00.00$21,2540.00
CASUALTY INSURANCE PREMIUM ADJUSTMENT      
 CASUALTY INSURANCE PREMIUM DISTRIBUTION MODIFICATION$00.00$2,1540.00($2,154)0.00
 CASUALTY INSURANCE PREMIUM READJUSTMENT$00.00$1,7450.00($1,745)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2019-20 - EFFECTIVE 12/1/2019$00.00$13,0430.00($13,043)0.00
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2020-21 - EFFECTIVE 12/1/2020$26,5910.00$26,5910.00$00.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT($2,082)0.00($3,827)0.00$1,7450.00
 ESTIMATED EXPENDITURES - OPERATIONS$3,865,21545.00$3,479,16539.00$386,0506.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2019-20 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$00.00$4,2680.00($4,268)0.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2020-21 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$35,4490.00$35,4490.00$00.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING($6)0.00($79)0.00$730.00
 SALARY INCREASES FOR FY 2020-21 - STATEWIDE PAY INCREASE - EFFECTIVE 10/1/2020$63,7620.00$63,7620.00$00.00
ESTIMATED EXPENDITURES REALIGNMENT      
 TRANSFER OF POSITION(S) AND FUNDING WITHIN THE OFFICE OF FINANCIAL REGULATION - ADD BACK$00.00$357,3426.00($357,342)(6.00)
INTRA-AGENCY REORGANIZATIONS      
 LEGAL TEAM REALIGNMENT - LEGAL AND ADMINISTRATIVE POSITIONS WITHIN OFFICE OF FINANCIAL REGULATION - DEDUCT($51,625)(1.00)$00.00($51,625)(1.00)
PROGRAM REDUCTIONS      
 REDUCE EXPENSE - OFFICE OF FINANCIAL REGULATION - FINANCIAL INVESTIGATIONS($125,000)0.00$00.00($125,000)0.00
Total Policy Area: REGULATION AND LICENSING$3,852,55244.00$3,988,92945.00($136,377)(1.00)