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DATE:      June 22, 2005

TO:         Agency Addressed (No. 12, 2004-05)

FROM:    Douglas A. Darling, Director

                    Division of Accounting and Auditing

                    Department of Financial Services

 

                    Sandra C. Sartin, Deputy Director

                    Office of Policy and Budget

                    Executive Office of the Governor

 

SUBJECT:  Agency Transfers Pursuant to Section 216.292, Florida Statutes

Historically, agency 5% transfer requests were sent directly by state agencies to the Department of Financial Services for processing.  Effective July 1, 2005, agencies will be asked to submit all 5% transfer requests utilizing LAS/PBS Form 6 and conform to the existing budget amendment process.  State agencies will be expected to submit a paper copy of Form 6 and an electronic copy directly to:

                        Office of Policy and Budget

Room 1702

The Capitol

Attn: Carolyn Renfroe

email address: Budget.Amendments@laspbs.state.fl.us

 

Chapter 2005-152, Laws of Florida, amended section 216.292, Florida Statutes, as follows:

                 ·        Dollar threshold on 5% transfers was increased from $150,000 to $250,000

·        A three day transfer notice will apply to 5% transfer requests

 Should you have questions pertaining to these 5% transfer request processing changes, please contact Carolyn Renfroe, Office of Policy and Budget, (850) 487-1880.  The Department of Financial Services contact is Jeanine Mathis at (850) 410-9390 or Jeanine.Mathis@fldfs.com.