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Chief Financial Officer of Florida

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Chief Financial Officer of Florida
since June 30, 2017
Department of Financial Services
Term length4 years, renewable once
Inaugural holderTom Gallagher
2003
Formation2002
Websitewww.myfloridacfo.com

The chief financial officer of Florida is an elected statewide constitutional officer of Florida. The office was created in 2002 following the 1998 reforms of the Florida Cabinet. The CFO is a combination of the former offices of comptroller and treasurer/insurance commissioner/fire marshal. The office heads the Florida Department of Financial Services and is responsible for overseeing the state's finances, collecting revenue, paying state bills, auditing state agencies, regulating cemeteries and funerals, and handling fires and arsons. In addition, the CFO has administrative oversight over the offices which handles banking and insurance regulation. The CFO is a member of the Cabinet is third (behind the lieutenant governor and attorney general, respectively) in the line of succession to the office of Governor of Florida.[1][2]

History

Tom Gallagher was the first state CFO and a former treasurer/insurance commissioner/fire marshal. Gallagher retired from the position in 2006 and Alex Sink (D), a Florida business executive and the wife of former Florida gubernatorial candidate Bill McBride, was elected on November 7, 2006. Alex Sink launched an unsuccessful campaign for governor in 2010, and was succeeded by Jeff Atwater. Atwater resigned and then-governor Rick Scott appointed Jimmy Patronis to the post.[3] Patronis won a statewide election and retained the post in 2018.[4]

List of chief financial officers

Chief Financial Officers by party affiliation
Party CFOs
Republican 3
Democratic 1
# Name Term of Service Political Party
1 Tom Gallagher 2003–2007 Republican
2 Alex Sink 2007–2011 Democratic
3 Jeff Atwater 2011–2017 Republican
4 Jimmy Patronis 2017–present Republican

Living former Florida Chief Financial Officers

As of November 2024, there are three living former Florida chief financial officers, the oldest being Tom Gallagher (served 2003–2007, born 1944).

Name Term of office Date of birth (and age)
Tom Gallagher 2003–2007 (1944-02-03) February 3, 1944 (age 80)
Alex Sink 2007–2011 (1948-06-05) June 5, 1948 (age 76)
Jeff Atwater 2011–2017 (1958-04-08) April 8, 1958 (age 66)

See also

References

  1. ^ "Constitution of Florida: Article IV, Section 3". Florida Legislature. Archived from the original on December 8, 2008. Retrieved August 22, 2019.
  2. ^ "Florida Statutes 14.055". Law Server. Retrieved August 22, 2019.
  3. ^ https://www.tampabay.com/news/politics/stateroundup/rick-scott-appoints-my-friend-jimmy-patronis-as-florida-cfo/2328493
  4. ^ https://www.tcpalm.com/story/news/politics/elections/2018/11/07/patronis-elected-florida-chief-financial-officer/1269502002/