State agencies responsible for regulating the finance and insurance industries are asking for more money in the 2013-2014 fiscal year to replace services that have been cut in recent years because of the recession.
The Department of Financial Services submitted a budget request of $238.7 million, a $12.4 million increase (5.5 percent) over the current fiscal year. The extra funding is to provide more resources in the DFS’s accounting and auditing, unclaimed property and risk management divisions, budget director Terry Madison told staff members of Gov. Rick Scott’s office.
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