FINANCE REGULATIONGovernor's Recommendations
2026-27
Current Year Budget
2025-26
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$14,877,92894.00$14,232,80490.00$645,1244.00
 
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$62,5480.00($62,548)0.00
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2025 - 26 - FIVE MONTHS ANNUALIZATION$64,0540.00$00.00$64,0540.00
BUDGET REDUCTIONS      
 OPERATIONAL EFFICIENCY($200,000)0.00$00.00($200,000)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANC E PREMIUM CONTRIBUTION - FY 2025-26 - EFFECTIVE 12/1/2025$89,6760.00$89,6760.00$00.00
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2024-25 - EFFECTIVE 12/1/2024$00.00$87,5670.00($87,567)0.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT$850.00($24,328)0.00$24,4130.00
 ESTIMATED EXPENDITURES - OPERATIONS$13,958,58790.00$13,472,99491.00$485,593(1.00)
 FLORIDA RETIREMENT SYSTEM - PENSION PLAN BENEFIT ENHANCEMENTS$26,6120.00$29,5950.00($2,983)0.00
 MINIMUM PAY GRADE ADJUSTMENT- EFFECTIVE 7/1/2025$2,6810.00$2,6810.00$00.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING$1300.00($852)0.00$9820.00
 SALARY INCREASE FOR FY 2024-25 - STATEWIDE PAY INCREASE - EFFECTIVE 7/1/2024$00.00$232,8900.00($232,890)0.00
 SALARY INCREASE FY 2025-26 STATEWID E 2% PAY INCREASE - EFFECTIVE 7/1/2 025$155,0330.00$155,0330.00$00.00
ESTIMATED EXPENDITURES REALIGNMENT      
 REALIGN BUDGET AUTHORITY TO MAXIMIZE EXISTING RESOURCES FOR ANTICIPATED EXPENDITURES - ADD$120,7120.00$00.00$120,7120.00
 REALIGN BUDGET AUTHORITY TO MAXIMIZE EXISTING RESOURCES FOR ANTICIPATED EXPENDITURES - DEDUCT($61,631)0.00$00.00($61,631)0.00
OFFICE OF FINANCIAL REGULATION INITIATIVES      
 OFFICE OF FINANCIAL REGULATION - RECLASS EXAMINATION POSITIONS - DIVISION OF CONSUMER FINANCE BUREAU OF ENFORCEMENT$174,0680.00$00.00$174,0680.00
PROGRAM ISSUES      
 CONTRACTED CERTIFIED PUBLIC ACCOUNTING (CPA) STAFFING FOR THE OFFICE OF FINANCIAL REGULATION$00.00$125,0000.00($125,000)0.00
PROGRAM REDUCTIONS      
 REDUCE POSITIONS VACANT IN EXCESS OF 90 DAYS$00.00$0(1.00)$01.00
WORKLOAD      
 OFFICE OF FINANCIAL REGULATION - IMPLEMENT - HB 999 LEGAL TENDER$547,9214.00$00.00$547,9214.00
Total Policy Area: REGULATION AND LICENSING$14,877,92894.00$14,232,80490.00$645,1244.00