FINANCIAL SERVICES COMMISSION (Program); OFFICE OF FINANCIAL REGULATION; EXECUTIVE DIRECTION AND SUPPORT SERVICESGovernor's Recommendations
2021-22
Current Year Budget
2020-21
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$9,645,99752.00$6,406,44418.00$3,239,55334.00
 
Budget Issues (Continuation and New)
 Show Funding SourceGovernor's Recommendations
2021-22
Current Year Budget
2020-21
Difference
 DollarsPositionsDollarsPositionsDollarsPositions
Policy Area: REGULATION AND LICENSING
ADJUSTMENTS TO COST RECOVERY FUNDS      
 DIRECT BILLING FOR ADMINISTRATIVE HEARINGS$9,5730.00$00.00$9,5730.00
ANNUALIZATION OF ADMINISTERED FUNDS APPROPRIATIONS      
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2019-20 - FIVE MONTHS ANNUALIZATION$00.00$4,2450.00($4,245)0.00
 STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2020-21 - FIVE MONTHS ANNUALIZATION$8,2860.00$00.00$8,2860.00
 STATEWIDE PAY INCREASE FOR FY 2020-21 - THREE MONTHS ANNUALIZATION$13,2740.00$00.00$13,2740.00
CASUALTY INSURANCE PREMIUM ADJUSTMENT      
 CASUALTY INSURANCE PREMIUM DISTRIBUTION MODIFICATION$00.00$8290.00($829)0.00
 CASUALTY INSURANCE PREMIUM READJUSTMENT$00.00$3920.00($392)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2019-20 - EFFECTIVE 12/1/2019$00.00$5,9430.00($5,943)0.00
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2020-21 - EFFECTIVE 12/1/2020$11,6010.00$11,6010.00$00.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT($606)0.00($998)0.00$3920.00
 ESTIMATED EXPENDITURES - OPERATIONS$6,333,99818.00$6,125,05516.00$208,9432.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2019-20 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$00.00$10,9620.00($10,962)0.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2020-21 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$21,6340.00$21,6340.00$00.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING($4)0.00($55)0.00$510.00
 SALARY INCREASES FOR FY 2020-21 - STATEWIDE PAY INCREASE - EFFECTIVE 10/1/2020$39,8210.00$39,8210.00$00.00
ESTIMATED EXPENDITURES REALIGNMENT      
 TRANSFER OF POSITION(S) AND FUNDING WITHIN THE OFFICE OF FINANCIAL REGULATION - ADD BACK$00.00$137,0152.00($137,015)(2.00)
FUND SHIFT      
 FUND SHIFT RESULTING FROM REALIGNMENT OF LEGAL TEAM POSITIONS - ADD$2,862,6600.00$00.00$2,862,6600.00
 FUND SHIFT RESULTING FROM REALIGNMENT OF LEGAL TEAM POSITIONS - DEDUCT($2,862,660)0.00$00.00($2,862,660)0.00
 FUND SHIFT RESULTING FROM REALIGNMENT OF TECHNOLOGY SUPPORT TEAM POSITIONS - ADD$344,1350.00$00.00$344,1350.00
 FUND SHIFT RESULTING FROM REALIGNMENT OF TECHNOLOGY SUPPORT TEAM POSITIONS - DEDUCT($344,135)0.00$00.00($344,135)0.00
INTRA-AGENCY REORGANIZATIONS      
 LEGAL TEAM REALIGNMENT - LEGAL AND ADMINISTRATIVE POSITIONS WITHIN OFFICE OF FINANCIAL REGULATION - ADD$2,914,28530.00$00.00$2,914,28530.00
 TECHNOLOGY SUPPORT - REALIGNMENT OF POSITIONS AND FUNDING WITHIN OFFICE OF FINANCIAL REGULATION - ADD$344,1354.00$00.00$344,1354.00
NONRECURRING EXPENDITURES      
 TECHNOLOGY INNOVATION - CH 2020-161, LOF (HB 1391)($50,000)0.00$00.00($50,000)0.00
SUPPLEMENTAL APPROPRIATIONS      
 TECHNOLOGY INNOVATION - CH 2020-161, LOF (HB 1391)$00.00$50,0000.00($50,000)0.00
Total Policy Area: REGULATION AND LICENSING$9,645,99752.00$6,406,44418.00$3,239,55334.00