STATE FUNDS MANAGEMENT AND INVESTMENTGovernor's Recommendations
2026-27
Current Year Budget
2025-26
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$5,985,34725.50$6,034,38525.50($49,038)0.00
 
Budget Issues (Continuation and New)
 Show Funding SourceGovernor's Recommendations
2026-27
Current Year Budget
2025-26
Difference
 DollarsPositionsDollarsPositionsDollarsPositions
Policy Area: GOVERNMENTAL OPERATIONS
AGENCY-WIDE INFORMATION TECHNOLOGY      
 COLLATERAL ADMINISTRATION PROGRAM$00.00$225,0000.00($225,000)0.00
ANNUALIZATION OF ADMINISTERED FUNDS APPROPRIATIONS      
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2024 - 25 - FIVE MONTHS OF ANNUALIZATION$00.00$16,0170.00($16,017)0.00
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2025 - 26 - FIVE MONTHS ANNUALIZATION$15,9610.00$00.00$15,9610.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANC E PREMIUM CONTRIBUTION - FY 2025-26 - EFFECTIVE 12/1/2025$22,3460.00$22,3460.00$00.00
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2024-25 - EFFECTIVE 12/1/2024$00.00$22,4240.00($22,424)0.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT($4,221)0.00($1,141)0.00($3,080)0.00
 ESTIMATED EXPENDITURES - OPERATIONS$5,969,55325.50$7,085,11126.50($1,115,558)(1.00)
 FLORIDA RETIREMENT SYSTEM - PENSION PLAN BENEFIT ENHANCEMENTS$6,8080.00$7,6980.00($890)0.00
 MINIMUM PAY GRADE ADJUSTMENT- EFFECTIVE 7/1/2025$2,4520.00$2,4520.00$00.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING$290.00($193)0.00$2220.00
 SALARY INCREASE FOR FY 2024-25 - STATEWIDE PAY INCREASE - EFFECTIVE 7/1/2024$00.00$61,2530.00($61,253)0.00
 SALARY INCREASE FY 2025-26 STATEWID E 2% PAY INCREASE - EFFECTIVE 7/1/2 025$37,4180.00$37,4180.00$00.00
NONRECURRING EXPENDITURES      
 COLLATERAL ADMINISTRATION PROGRAM$00.00($1,500,000)0.00$1,500,0000.00
PROGRAM ISSUES      
 INCREASE EXPENSE FOR RENT INCREASE$00.00$56,0000.00($56,000)0.00
 REALIGN DEPARTMENT BUDGET AUTHORITY FOR EFFICIENCIES - DEDUCT($160,000)0.00$00.00($160,000)0.00
 REALIGN DEPARTMENT BUDGET AUTHORITY FOR EFFICIENCIES FOR RETENTION - ADD$95,0010.00$00.00$95,0010.00
PROGRAM REDUCTIONS      
 VACANT POSITION REDUCTIONS$00.00$0(1.00)$01.00
Total Policy Area: GOVERNMENTAL OPERATIONS$5,985,34725.50$6,034,38525.50($49,038)0.00