Florida Chief Financial Officer
| Florida Chief Financial Officer | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Compensation: | $139,988 |
| 2025 FY Budget: | $49,000,793 |
| 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 | |
| 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 |
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
The current CFO is Jimmy Patronis (R). Patronis was appointed to the position on June 26, 2017, by Gov. Rick Scott (R).[1]
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
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
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
General election
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
- See also: Florida Treasurer election, 2018
General election
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
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
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
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
- See also: Florida state budget and finances
The budget for the Office of the Chief Financial Officer in Fiscal Year 2025 was $49,000,793.[4]
Compensation
- 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. |
2023
In 2023, the officer's salary was $139,988, according to the Council of State Governments.[5]
2022
In 2022, the officer's salary was $132,841, according to the Council of State Governments.[6]
2021
In 2021, the chief financial officer received a salary of $132,841, according to the Council of State Governments.[7]
2020
In 2020, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[8]
2019
In 2019, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[9]
2018
In 2018, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[10]
2017
In 2017, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[11]
2016
In 2016, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[12]
2015
In 2015, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[13]
2014
In 2014, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[14]
2013
In 2013, the chief financial officer received a salary of $128,972 according to the Council of State Governments.[15]
2010
In 2010, the chief financial officer received a salary of $128,972.
Historical officeholders
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
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.
Contact information
Address:
Florida Department of Financial Services
200 East Gaines St.
Tallahassee, FL 32399
Phone: (850) 413-3100
See also
| Florida | State Executive Elections | News and Analysis |
|---|---|---|
|
|
|
| Florida State Executive Offices Florida State Legislature Florida Courts | 2025 • 2024 • 2023 • 2022 • 2021 • 2020 • 2019 • 2018 • 2017 • 2016 Florida elections: 2025 • 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
Footnotes
- ↑ 1.0 1.1 1.2 Florida Chief Financial Officer, "Home," accessed January 14, 2021
- ↑ Florida Statutes, "114.04," accessed January 14, 2021
- ↑ Florida Chief Financial Officer, "About the Agency," accessed January 14, 2021
- ↑ Florida Senate, "SB 5001: General Appropriations Act," accessed January 16, 2025
- ↑ Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 15, 2025
- ↑ Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
- ↑ Issuu, "The Book of the States 2021," accessed September 22, 2022
- ↑ Council of State Governments, "The Book of the States 2020," accessed January 14, 2021
- ↑ Council of State Governments, "The Book of the States 2019," accessed January 14, 2021
- ↑ Council of State Governments, "The Book of the States 2018," accessed January 14, 2021
- ↑ Council of State Governments, "The Book of the States 2017," accessed January 14, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed November 14, 2014
- ↑ The Council of State Governments, "Book of the States 2013, Table 4.11," accessed February 2, 2014
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