FINANCIAL SERVICES COMMISSION (Program); OFFICE OF FINANCIAL REGULATION; SECURITIES REGULATIONGovernor's Recommendations
2022-23
Current Year Budget
2021-22
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$7,094,76179.00$7,178,05079.00($83,289)0.00
 
Budget Issues (Continuation and New)
 Hide 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$37,2410.00($37,241)0.00
 STATEWIDE PAY INCREASE FOR FY 2020-21 - THREE MONTHS ANNUALIZATION$00.00$42,4270.00($42,427)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2020-21 - EFFECTIVE 12/1/2020$00.00$52,1370.00($52,137)0.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT$3,6610.00($5,250)0.00$8,9110.00
 ESTIMATED EXPENDITURES - OPERATIONS$7,138,21379.00$8,079,79592.00($941,582)(13.00)
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT - FY 2021-22 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$33,3570.00$33,3570.00$00.00
 FLORIDA RETIREMENT SYSTEM ADJUSTMENT FOR FY 2020-21 - NORMAL COST AND UNFUNDED ACTUARIAL LIABILITY$00.00$71,0800.00($71,080)0.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING($2,328)0.00($2,337)0.00$90.00
 SALARY INCREASES FOR FY 2020-21 - STATEWIDE PAY INCREASE - EFFECTIVE 10/1/2020$00.00$127,2810.00($127,281)0.00
 SALARY INCREASES FOR FY 2021-22 - STATE EMPLOYEE MINIMUM WAGE INCREASE - EFFECTIVE 7/1/2021$5,1470.00$5,1470.00$00.00
INTRA-AGENCY REORGANIZATIONS      
 LEGAL TEAM REALIGNMENT - LEGAL AND ADMINISTRATIVE POSITIONS WITHIN OFFICE OF FINANCIAL REGULATION - DEDUCT$00.00($1,211,203)(12.00)$1,211,20312.00
 TECHNOLOGY SUPPORT - REALIGNMENT OF POSITIONS AND FUNDING WITHIN OFFICE OF FINANCIAL REGULATION - DEDUCT$00.00($51,625)(1.00)$51,6251.00
PROGRAM REDUCTIONS      
 OFFICE OF FINANCIAL REGULATION - REDUCTION IN EXPENSES ASSOCIATED WITH LEASED SPACE REDUCTION($83,289)0.00$00.00($83,289)0.00
General Revenue Fund$0 $0 $0 
Trust Funds$7,094,761 $7,178,050 ($83,289) 
Total Policy Area: REGULATION AND LICENSING$7,094,76179.00$7,178,05079.00($83,289)0.00