Volume 2 Number 19
May 9, 2005










TEXT VERSION

 

 

RESOLUTION FROM THE BUREAU OF COLLATERAL MANAGEMENT, DIVISION OF TREASURY, DEPARTMENT OF FINANCIAL SERVICES TO CFO GALLAGHER

WHEREAS, the Chief Financial Officer (CFO) acts as the State of Florida’s financial watchdog, serving as the State Fire Marshal, administrator of the Deferred Compensation plan for employees of the State of Florida and the Florida Security for Public Deposits Act; and

WHEREAS, the CFO is also responsible for administering the receipt and disbursement of state moneys, the investment of excess funds, and the maintenance of regulatory collateral deposits; and

WHEREAS, the mission statement of the Department of Financial Services declares “To Serve the Citizens of Florida by Ensuring Fiscal Accountability, Enhancing Fire Safety Services, and Protecting and Assisting All Insurance and Financial Consumers”; and

WHEREAS, the CFO is directly responsible for 7 billion dollars in regulatory collateral deposits and protecting 9 billion dollars of the public’s deposits; and

WHEREAS, the CFO provided the environment to reorganize, redirect and reengineer the business processes that oversee the regulatory collateral deposits under his authority; and

WHEREAS, the CFO provided the funding source for the successful implementation of the reengineered technology solution through the Aspire-Collateral Administration Program for the regulatory collateral deposits; and

WHEREAS, the Collateral Administration Program has successfully increased efficiency, reduced costs, enhanced customer service and is poised to become nationally recognized for improving service delivery. 

NOW, THEREFORE, BE IT RESOLVED that the Bureau of Collateral Management, Division of Treasury, Department of Financial Services to hereby recognize and commend

CHIEF FINANCIAL OFFICER TOM GALLAGHER

for his outstanding contributions and commitment to Florida through creative support of the Collateral Administration Program and all divisions and division staff in their pursuit of the mission of the Department of Financial Services.

IN TESTIMONY WHEREOF, the Collateral Administration Program Project Staff have hereunto subscribed their names and have caused the Official Seal of the Bureau of Collateral Management to be hereunto affixed in the City of Tallahassee on this 21st day of April, 2005.

Rebecca Priddle, Financial Administrator, Project Manager

Brenda Chukes, Financial Analyst Supervisor, Collateral Administration

Kenneth Lee, Financial Analyst Supervisor, Program Administration

Ernie Domondon Jr., Financial Analyst II, Collateral Cash Management

Terry Wile, Financial Analyst II, Collateral Account Management

Cheryl Carter, Accountant III, Collateral Transaction Management

Lake County, the 43rd county, was established  May 27, 1887, being taken from Orange and Sumter counties and named for the large number of lakes within its boundaries. The courthouse, above, was built in 1924.