FINANCIAL SERVICES COMMISSION (Program); OFFICE OF FINANCIAL REGULATION; FINANCE REGULATIONGovernor's Recommendations
2022-23
Current Year Budget
2021-22
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$10,844,62888.00$10,615,32085.00$229,3083.00
 
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$42,0850.00($42,085)0.00
 STATEWIDE PAY INCREASE FOR FY 2020-21 - THREE MONTHS ANNUALIZATION$00.00$47,6220.00($47,622)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2020-21 - EFFECTIVE 12/1/2020$00.00$58,9190.00($58,919)0.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT$3,6530.00($5,275)0.00$8,9280.00
 ESTIMATED EXPENDITURES - OPERATIONS$10,576,38185.00$12,148,673100.00($1,572,292)(15.00)
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT - FY 2021-22 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$36,0420.00$36,0420.00$00.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2020-21 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$00.00$80,3900.00($80,390)0.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING($2,901)0.00($2,913)0.00$120.00
 SALARY INCREASES FOR FY 2020-21 - STATEWIDE PAY INCREASE - EFFECTIVE 10/1/2020$00.00$142,8670.00($142,867)0.00
 SALARY INCREASES FOR FY 2021-22 - STATE EMPLOYEE MINIMUM WAGE INCREASE - EFFECTIVE 7/1/2021$2,1450.00$2,1450.00$00.00
INTRA-AGENCY REORGANIZATIONS      
 LEGAL TEAM REALIGNMENT - LEGAL AND ADMINISTRATIVE POSITIONS WITHIN OFFICE OF FINANCIAL REGULATION - DEDUCT$00.00($1,225,078)(12.00)$1,225,07812.00
 TECHNOLOGY SUPPORT - REALIGNMENT OF POSITIONS AND FUNDING WITHIN OFFICE OF FINANCIAL REGULATION - DEDUCT$00.00($310,157)(3.00)$310,1573.00
NONRECURRING EXPENDITURES      
 INCREASE APPROPRIATION FOR DEFERRED PRESENTMENT PROVIDER DATABASE CONTRACT CATEGORY IN THE OFFICE OF FINANCIAL REGULATION$00.00($400,000)0.00$400,0000.00
PROGRAM REDUCTIONS      
 OFFICE OF FINANCIAL REGULATION - REDUCTION IN EXPENSES ASSOCIATED WITH LEASED SPACE REDUCTION($76,334)0.00$00.00($76,334)0.00
WORKLOAD      
 STAFFING/WORKLOAD INCREASES - OFFICE OF FINANCIAL REGULATION - CONSUMER FINANCE - BUREAU OF REGISTRATION$305,6423.00$00.00$305,6423.00
Total Policy Area: REGULATION AND LICENSING$10,844,62888.00$10,615,32085.00$229,3083.00