FINANCIAL SERVICES COMMISSION (Program); OFFICE OF FINANCIAL REGULATION; SAFETY AND SOUNDNESS OF STATE BANKING SYSTEMGovernor's Recommendations
2022-23
Current Year Budget
2021-22
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$11,630,40596.00$11,702,21796.00($71,812)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$38,3350.00($38,335)0.00
 STATEWIDE PAY INCREASE FOR FY 2020-21 - THREE MONTHS ANNUALIZATION$00.00$55,5420.00($55,542)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2020-21 - EFFECTIVE 12/1/2020$00.00$53,6690.00($53,669)0.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT$8,0640.00($5,698)0.00$13,7620.00
 ESTIMATED EXPENDITURES - OPERATIONS$11,639,86496.00$11,593,40699.00$46,458(3.00)
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT - FY 2021-22 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$48,3970.00$48,3970.00$00.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2020-21 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$00.00$84,1370.00($84,137)0.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING($2,928)0.00($2,940)0.00$120.00
 SALARY INCREASES FOR FY 2020-21 - STATEWIDE PAY INCREASE - EFFECTIVE 10/1/2020$00.00$166,6250.00($166,625)0.00
 SALARY INCREASES FOR FY 2021-22 - STATE EMPLOYEE MINIMUM WAGE INCREASE - EFFECTIVE 7/1/2021$8,8200.00$8,8200.00$00.00
INTRA-AGENCY REORGANIZATIONS      
 LEGAL TEAM REALIGNMENT - LEGAL AND ADMINISTRATIVE POSITIONS WITHIN OFFICE OF FINANCIAL REGULATION - DEDUCT$00.00($338,076)(3.00)$338,0763.00
PROGRAM REDUCTIONS      
 OFFICE OF FINANCIAL REGULATION - REDUCTION IN EXPENSES ASSOCIATED WITH LEASED SPACE REDUCTION($71,812)0.00$00.00($71,812)0.00
Total Policy Area: REGULATION AND LICENSING$11,630,40596.00$11,702,21796.00($71,812)0.00