SAFETY AND SOUNDNESS OF STATE BANKING SYSTEMGovernor's Recommendations
2026-27
Current Year Budget
2025-26
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$13,249,63094.00$14,419,65494.00($1,170,024)0.00
 
Budget Issues (Continuation and New)
 Show Funding SourceGovernor's Recommendations
2026-27
Current Year Budget
2025-26
Difference
 DollarsPositionsDollarsPositionsDollarsPositions
Policy Area: REGULATION AND LICENSING
ANNUALIZATION OF ADMINISTERED FUNDS APPROPRIATIONS      
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2024 - 25 - FIVE MONTHS OF ANNUALIZATION$00.00$61,7470.00($61,747)0.00
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2025 - 26 - FIVE MONTHS ANNUALIZATION$60,8910.00$00.00$60,8910.00
BUDGET REDUCTIONS      
 OPERATIONAL EFFICIENCY($1,200,000)0.00$00.00($1,200,000)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANC E PREMIUM CONTRIBUTION - FY 2025-26 - EFFECTIVE 12/1/2025$85,2480.00$85,2480.00$00.00
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2024-25 - EFFECTIVE 12/1/2024$00.00$86,4460.00($86,446)0.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT$66,5230.00$78,5840.00($12,061)0.00
 ESTIMATED EXPENDITURES - OPERATIONS$14,042,37394.00$13,763,73894.00$278,6350.00
 FLORIDA RETIREMENT SYSTEM - PENSION PLAN BENEFIT ENHANCEMENTS$29,3820.00$33,0370.00($3,655)0.00
 MINIMUM PAY GRADE ADJUSTMENT- EFFECTIVE 7/1/2025$1,3400.00$1,3400.00$00.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING$1210.00($792)0.00$9130.00
 SALARY INCREASE FOR FY 2024-25 - STATEWIDE PAY INCREASE - EFFECTIVE 7/1/2024$00.00$282,6390.00($282,639)0.00
 SALARY INCREASE FY 2025-26 STATEWID E 2% PAY INCREASE - EFFECTIVE 7/1/2 025$194,6670.00$194,6670.00$00.00
ESTIMATED EXPENDITURES REALIGNMENT      
 REALIGN BUDGET AUTHORITY TO MAXIMIZE EXISTING RESOURCES FOR ANTICIPATED EXPENDITURES - DEDUCT($30,915)0.00$00.00($30,915)0.00
PROGRAM REDUCTIONS      
 ELIMINATE OPERATING CAPITAL OUTLAY AUTHORITY - BANKING$00.00($15,000)0.00$15,0000.00
 REDUCE EXPENSE - OFFICE OF FINANCIAL REGULATION - BANKING$00.00($150,000)0.00$150,0000.00
 REDUCE LEASE OR LEASE PURCHASE OF EQUIPMENT - OFFICE OF FINANCIAL REGULATION - BANKING$00.00($2,000)0.00$2,0000.00
Total Policy Area: REGULATION AND LICENSING$13,249,63094.00$14,419,65494.00($1,170,024)0.00