SECURITIES REGULATIONGovernor's Recommendations
2026-27
Current Year Budget
2025-26
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$11,066,16384.00$9,988,25374.00$1,077,91010.00
 
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$47,9410.00($47,941)0.00
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2025 - 26 - FIVE MONTHS ANNUALIZATION$46,4110.00$00.00$46,4110.00
BUDGET REDUCTIONS      
 OPERATIONAL EFFICIENCY($369,000)0.00$00.00($369,000)0.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANC E PREMIUM CONTRIBUTION - FY 2025-26 - EFFECTIVE 12/1/2025$64,9760.00$64,9760.00$00.00
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2024-25 - EFFECTIVE 12/1/2024$00.00$67,1180.00($67,118)0.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT($573)0.00($21,788)0.00$21,2150.00
 ESTIMATED EXPENDITURES - OPERATIONS$9,766,76574.00$9,373,43474.00$393,3310.00
 FLORIDA RETIREMENT SYSTEM - PENSION PLAN BENEFIT ENHANCEMENTS$20,1510.00$22,8060.00($2,655)0.00
 MINIMUM PAY GRADE ADJUSTMENT- EFFECTIVE 7/1/2025$2,6960.00$2,6960.00$00.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING$980.00($642)0.00$7400.00
 SALARY INCREASE FOR FY 2024-25 - STATEWIDE PAY INCREASE - EFFECTIVE 7/1/2024$00.00$202,9740.00($202,974)0.00
 SALARY INCREASE FY 2025-26 STATEWID E 2% PAY INCREASE - EFFECTIVE 7/1/2 025$134,1400.00$134,1400.00$00.00
ESTIMATED EXPENDITURES REALIGNMENT      
 REALIGN BUDGET AUTHORITY TO MAXIMIZE EXISTING RESOURCES FOR ANTICIPATED EXPENDITURES - DEDUCT($16,666)0.00$00.00($16,666)0.00
NONRECURRING EXPENDITURES      
 STAFFING/WORKLOAD INCREASE - OFFICE OF FINANCIAL REGULATION - SECURITIES - BUREAU OF REGISTRATION$00.00($30,402)0.00$30,4020.00
PROGRAM ISSUES      
 CONTRACTED CERTIFIED PUBLIC ACCOUNTING (CPA) STAFFING FOR THE OFFICE OF FINANCIAL REGULATION$00.00$125,0000.00($125,000)0.00
WORKLOAD      
 OFFICE OF FINANCIAL REGULATION - ADDRESS INCREASED WORKLOAD FOR SECURITIES INDUSTRY REGISTRATION AND EXAMINATION$1,417,16510.00$00.00$1,417,16510.00
Total Policy Area: REGULATION AND LICENSING$11,066,16384.00$9,988,25374.00$1,077,91010.00