Cash Control Budget Structure

Design

Florida Statutes require all monies received by the State to be deposited in the General Revenue (GR) Fund, agency Trust Funds, or the Budget Stabilization Fund, unless specifically provided otherwise by law. GR cash balances are controlled at a statewide level and are managed by DFS. Trust Fund cash balances are managed at the agency level and are controlled at the Fund level by DFS. The Cash Control budget structure provides the mechanism to manage and control cash transactions.

The following design considerations are applied to the Cash Control budget structure:

• The Cash Control budget structure is set to control option of “Control” which prevents agencies from exceeding the available spendable cash balance.
• The Account Type is “Asset” and transactions using cash Account values check against the Cash Budget Structure.
• The Budget Calendar is set to “None” as there are no timelines associated with Cash.

Maintenance

The Cash Control Budget Structure is configured and maintained by DFS and is used by all agencies. Cash transactions update the spendable cash balance when budget checked.

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