Florida Chief Financial Officer

General information
Office Type: | Partisan
Office website: | Official Link
Compensation: | $132,841
2024 FY Budget: | $116,855,984
Term limits: | 2 terms
Structure
Length of term: |  4 years
Authority: | Florida Constitution, Article IV, Section 4
Selection Method: | Elected
Current Officeholder

Florida Chief Financial Officer Jimmy Patronis
Republican Party
Assumed office: 2017

Elections
Next election: | November 3, 2026
Last election: | November 8, 2022
Other Florida Executive Offices
Governor•Lieutenant Governor•Secretary of State•Attorney General•Chief Financial Officer•Commissioner of Education•Agriculture Commissioner•Insurance Commissioner•Environmental Protection Secretary•Economic Opportunity Secretary•Public Service Commission

## Contents

* 1 Current officeholder
* 2 Authority
* 3 Qualifications
* 4 Elections
* 4.1 2022
* 4.2 2018
* 4.3 2014
* 5 Vacancies
* 6 Duties
* 7 Divisions
* 8 State budget
* 9 Compensation
* 9.1 2022
* 9.2 2021
* 9.3 2020
* 9.4 2019
* 9.5 2018
* 9.6 2017
* 9.7 2016
* 9.8 2015
* 9.9 2014
* 9.10 2013
* 9.11 2010
* 10 Historical officeholders
* 11 Recent news
* 12 Contact information
* 13 See also
* 14 External links
* 15 Footnotes

The Chief Financial Officer of the State of Florida is a state executive position in the government of Florida.

The chief financial officer (CFO) oversees the Florida Department of Financial Services, a conglomeration of state agencies including the Departments of Insurance, Treasury, State Fire Marshal, and Banking & Finance. The Department of Financial Services was created by a constitutional referendum in 1998 and officially opened on January 1, 2003.

The CFO's responsibilities generally overlap with those of a state treasurer or controller: providing accounting, auditing, and payroll services to the state, managing the state's finances, and overseeing the receipt and disbursement of monies.[1]

## Current officeholder[edit]

The current CFO is Jimmy Patronis (R). Patronis was appointed to the position on June 26, 2017, by Gov. Rick Scott (R).[1]

## Authority[edit]

The office of chief financial officer is established in Article IV of the Florida Constitution.

Florida Constitution, Article IV, Section 4

(c) The chief financial officer shall serve as the chief fiscal officer of the state, and shall settle and approve accounts against the state, and shall keep all state funds and securities.

## Qualifications[edit]

The CFO must be at least 30 years old and have resided in the state for seven years prior to serving.

Florida Constitution, Article IV, Section 5

(b) When elected, the governor, lieutenant governor and each cabinet member must be an elector not less than thirty years of age who has resided in the state for the preceding seven years. The attorney general must have been a member of the bar of Florida for the preceding five years. No person who has, or but for resignation would have, served as governor or acting governor for more than six years in two consecutive terms shall be elected governor for the succeeding term.

## Elections[edit]

Florida state government organizational chart

The CFO is elected to four-year terms in federal midterm election years (e.g. 2014, 2018, 2022). The CFO assumes office on the first Tuesday after the first Monday in the January following the election.

### 2022[edit]

See also: Florida Chief Financial Officer election, 2022

#### General election

##### General election for Florida Chief Financial Officer

Incumbent Jimmy Patronis defeated Adam Hattersley in the general election for Florida Chief Financial Officer on November 8, 2022.

Candidate

Votes

|
|
|

| Jimmy Patronis (R) |

59.5

| 4,528,811

| Adam Hattersley (D) |

40.5

| 3,085,697

* * *

Incumbents are bolded and underlined. The results have been certified. Source

| Total votes: 7,614,508

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey.

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#### Withdrawn or disqualified candidates

* Richard Dembinsky (No Party Affiliation)

#### Democratic primary election

The Democratic primary election was canceled. Adam Hattersley advanced from the Democratic primary for Florida Chief Financial Officer.

#### Republican primary election

The Republican primary election was canceled. Incumbent Jimmy Patronis advanced from the Republican primary for Florida Chief Financial Officer.

### 2018[edit]

See also: Florida Treasurer election, 2018

#### General election

##### General election for Florida Chief Financial Officer

Incumbent Jimmy Patronis defeated Jeremy Ring in the general election for Florida Chief Financial Officer on November 6, 2018.

Candidate

Votes

|
|
|

| Jimmy Patronis (R) |

51.7

| 4,152,221

| Jeremy Ring (D) |

48.3

| 3,872,540
|  | Other/Write-in votes|

0.0

| 297

* * *

Incumbents are bolded and underlined. The results have been certified. Source

| Total votes: 8,025,058

|
|

= candidate completed the Ballotpedia Candidate Connection survey.
If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey.

Do you want a spreadsheet of this type of data? Contact our sales team.

### 2014[edit]

See also: Florida down ballot state executive elections, 2014
Florida Treasurer, 2014

Party | Candidate | Vote % | Votes
| Republican  | Jeff Atwater Incumbent | 58.9% | 3,353,897
| Democratic  |  William "Will" Rankin | 41.1% | 2,337,727
Total Votes | 5,691,624
Election results via Florida Division of Elections

## Vacancies[edit]

The governor fills a vacancy by appointing a replacement to serve out the remainder of the term.[2] If there is more than 28 months left remaining in the term when the vacancy occurs, the replacement appointee serves until the first Tuesday after the first Monday following the next general election.

## Duties[edit]

The CFO oversees the Florida Department of Financial Services. The department provides accounting and auditing services to state agencies, acts as the state's bank by disbursing and receiving funds into the treasury, and performs other financial duties. The department also performs non-financial regulatory duties, including insurance licensing and fraud investigation, funeral parlor and cemetery licensing, and public assistance fraud investigation. The CFO also acts as state fire marshal, certifying firefighters, setting training standards, and investigating potential arson.[1]

## Divisions[edit]

As of January 14, 2021, divisions within the Chief Financial Officer's Office included:[3]

* Accounting and Auditing
* Consumer Services
* Funeral, Cemetery, and Consumer Services
* Insurance Agent and Agency Services
* Investigative and Forensic Services
* Public Assistance Fraud
* Rehabilitation and Liquidation
* Risk Management
* Treasury
* State Fire Marshal
* Unclaimed Property
* Workers' Compensation

## State budget[edit]

See also: Florida state budget and finances

The budget for the Office of the Chief Financial Officer in Fiscal Year 2024 was $116,855,984.[4]

## Compensation[edit]

See also: Compensation of state executive officers

The salaries of elected executive officials in Florida are determined by state law as mandated in the Florida Constitution. Article II, Section 5 of the state constitution states that compensation of state officers is determined by the Florida State Legislature.

| Text of Section 5:

Public Officers

(a) No person holding any office of emolument under any foreign government, or civil office of emolument under the United States or any other state, shall hold any office of honor or of emolument under the government of this state. No person shall hold at the same time more than one office under the government of the state and the counties and municipalities therein, except that a notary public or military officer may hold another office, and any officer may be a member of a constitution revision commission, taxation and budget reform commission, constitutional convention, or statutory body having only advisory powers.

(b) Each state and county officer, before entering upon the duties of the office, shall give bond as required by law, and shall swear or affirm:

“I do solemnly swear (or affirm) that I will support, protect, and defend the Constitution and Government of the United States and of the State of Florida; that I am duly qualified to hold office under the Constitution of the state; and that I will well and faithfully perform the duties of (title of office) on which I am now about to enter. So help me God.”,and thereafter shall devote personal attention to the duties of the office, and continue in office until a successor qualifies.

(c) The powers, duties, compensation and method of payment of state and county officers shall be fixed by law.

### 2022[edit]

In 2022, the officer's salary was $132,841, according to the Council of State Governments.[5]

### 2021[edit]

In 2021, the chief financial officer received a salary of $132,841, according to the Council of State Governments.[6]

### 2020[edit]

In 2020, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[7]

### 2019[edit]

In 2019, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[8]

### 2018[edit]

In 2018, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[9]

### 2017[edit]

In 2017, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[10]

### 2016[edit]

In 2016, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[11]

### 2015[edit]

In 2015, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[12]

### 2014[edit]

In 2014, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[13]

### 2013[edit]

In 2013, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[14]

### 2010[edit]

In 2010, the chief financial officer received a salary of $128,972.

## Historical officeholders[edit]

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Florida Chief Financial Officer has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

## Recent news[edit]

The link below is to the most recent stories in a Google news search for the terms Florida State Chief Financial Officer Atwater. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

Florida Chief Financial Officer - Google News

## Contact information[edit]

Address: Florida Department of Financial Services
200 East Gaines St.
Tallahassee, FL 32399

Phone: (850) 413-3100

## See also[edit]

Florida | State Executive Elections | News and Analysis

|
|

Florida State Executive Offices Florida State Legislature Florida Courts |  2024 • 2023 • 2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 Florida elections: 2024 • 2023 • 2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 |  Party control of state government State government trifectas State of the state addresses Partisan composition of governors

## External links[edit]

* Florida Chief Financial Officer

## Footnotes[edit]

1. ↑ 1.0 1.1 1.2 Florida Chief Financial Officer, "Home," accessed January 14, 2021
2. ↑ Florida Statutes, "114.04," accessed January 14, 2021
3. ↑ Florida Chief Financial Officer, "About the Agency," accessed January 14, 2021
4. ↑ Florida Senate, "SB 2500: General Appropriations Act," accessed December 6, 2023
5. ↑ Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
6. ↑ Issuu, "The Book of the States 2021," accessed September 22, 2022
7. ↑ Council of State Governments, "The Book of the States 2020," accessed January 14, 2021
8. ↑ Council of State Governments, "The Book of the States 2019," accessed January 14, 2021
9. ↑ Council of State Governments, "The Book of the States 2018," accessed January 14, 2021
10. ↑ Council of State Governments, "The Book of the States 2017," accessed January 14, 2021
11. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
12. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
13. ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed November 14, 2014
14. ↑ The Council of State Governments, "Book of the States 2013, Table 4.11," accessed February 2, 2014

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