1 STATE OF FLORIDA 2 IN RE: MEETING OF THE GOVERNOR AND ... · PDF fileIN RE: MEETING OF THE GOVERNOR AND CABINET _____/ CABINET MEMBERS: GOVERNOR RICK ... By Director Watkins 86

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STATE OF FLORIDA

IN RE: MEETING OF THE GOVERNOR ANDCABINET

_________________________________________/

CABINET MEMBERS: GOVERNOR RICK SCOTTATTORNEY GENERAL PAM BONDICHIEF FINANCIAL OFFICER JEFFATWATERCOMMISSIONER OF AGRICULTUREADAM PUTNAM

DATE: TUESDAY, MAY 10, 2016

LOCATION: CABINET MEETING ROOMLOWER LEVEL, THE CAPITOLTALLAHASSEE, FLORIDA

REPORTED BY: NANCY S. METZKE, RPR, FPRCOURT REPORTER

C & N REPORTERSPOST OFFICE BOX 3093

TALLAHASSEE, FLORIDA 32315-3093(850) 697-8314 / FAX (850) 697-8715

[email protected]

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C & N REPORTERS TALLAHASSEE, FLORIDA 850-697-8314

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INDEX

PAGE NO.

Appointment - Commission onOffender Review Commissioner

Cynthia Swier 4

Lori Vancamp 10

David Wyant 1858

Highway Safety and Motor VehiclesBy Director Rhodes 25

Office of Financial RegulationBy Commissioner Breakspear 30

Department of RevenueBy Director Biegalski 61

Administration CommissionBy Mr. Kruse 66

Florida Land and WaterAdjudicatory Commission

By Mr. Kruse 72

Board of Trustees of the InternalImprovement Trust Fund

By Mr. Karels 77

Division of Bond FinanceBy Director Watkins 86

University of North FloridaBy Director Watkins 93

State Board of AdministrationBy Director Williams 114

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P R O C E E D I N G S

GOVERNOR SCOTT: Good morning. Welcome to the

May 10th Cabinet meeting.

To begin our meeting, I would like to welcome

Davey McGregor to lead this morning's invocation.

Please remain standing after the invocation for the

Pledge of Allegiance led by Jordyn Wysocki,

followed by the singing of the National Anthem by

Kate Corkrell (phonetics).

(WHEREUPON, THE INVOCATION WAS GIVEN, THE

PLEDGE OF ALLEGIANCE WAS SAID AND THE NATIONAL

ANTHEM WAS SUNG).

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APPOINTMENT - COMMISSION ON

OFFENDER REVIEW COMMISSIONER

GOVERNOR SCOTT: Next on our agenda is the

appointment of a Commissioner for the Commission on

Offender Review. I'd like to thank the Parole

Qualifications Committee for their hard work to

select three excellent candidates for us to

consider. Those three candidates are:

Cynthia Swier, Lori Vancamp, and David Wyant.

I have personally had the opportunity to meet

with each of these candidates, and I think they

would all do an outstanding job. I believe all

three candidates are in the audience today.

First I'd like to recognize Cynthia Swier.

Cynthia, come on up.

Does anybody have any questions for Cynthia?

You've got a great background, by the way.

MS. SWIER: Thank you.

ATTORNEY GENERAL BONDI: Yeah, and, Governor,

I think we need to just ask a few questions.

Cynthia, thank you. Your resume is amazing,

and thank you for wanting to do this crazy job; and

why do you want to do this?

MS. SWIER: Well, I would say why I want to do

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this is simply because I love serving the State of

Florida. I've been a public servant for 20 plus

years, started my career in probation, have worked

in Department of Corrections for 20 years.

And what I've found during that time is that

Corrections is not what I thought it was. It's a

people business. And when I say that, it's you

learn that there are different paths that bring

people to prison, and there are different paths

that bring them back to society.

So in making decisions for the

Parole Commission, I think that I could utilize the

skills that I have in the field for making

decisions for work release and making decisions for

who we put on community work squads. All of those

decisions are made, filtered through public safety

consideration.

And so I think that the main reason I want to

serve on the Commission is because of the

experience I have. I think I could serve well and

be able to continue to lead the Agency forward.

ATTORNEY GENERAL BONDI: Thank you.

MS. SWIER: You're welcome.

GOVERNOR SCOTT: Does anybody else have any

questions?

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COMMISSIONER PUTNAM: I do.

GOVERNOR SCOTT: Commissioner.

COMMISSIONER PUTNAM: Talk to us a little bit,

you would, about -- you know, we put a lot of

weight on the recommendations that come from the

Commission and in clemency.

So tell us about the types of things that

you're looking for in making a favorable

recommendation to us in consideration of clemency.

How are you reading that applicant.

MS. SWIER: Well, there are a variety of

things that I would look at. And again, going back

to the screenings that I've done on different

levels, I filter that through: What's the benefit

to the public, and what's the drawback to the

public?

So in reviewing someone for clemency, one of

the things that I would look at is: What was the

nature of the crime? What was the impact on the

victim? What was the impact on the victim's

family? Was it a heinous crime? Was it something

with premeditation or forethought? Was it a crime

of passion, or was it simply an accident, and this

person is never going to reoffend again?

So I would look at those things. Also, I

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would look at their history while they're

incarcerated. What kind of offender were they?

Were they prone to being in trouble; and if so and

they're receiving a lot of disciplinary action,

what are those disciplinary actions? I would talk

to the victim, if they were alive; I would talk to

the victim's family and see what their impact is.

And after all of those considerations are

made, again, it falls back to if we grant them

clemency, is that going to benefit society and is

it going to allow them to reintegrate, and would

they be an appropriate candidate based on that; or

would it be a concern that we would have to worry

about future victimization. So those would be

things that I would consider.

COMMISSIONER PUTNAM: Thank you.

GOVERNOR SCOTT: CFO.

CFO ATWATER: Governor, thank you.

You touched on this, and I appreciate the

perspective, of the desire to serve and your

experience. But might you just go a little deeper

in that for me if you wouldn't mind.

On these experiences, which have been quite

relevant to the task at hand that we're discussing

here, what would be the key experiences and

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insights from these experiences that will create

the greatest value for your commitment to serve us

in the best possible way in this role.

MS. SWIER: Well, I think that when you work

with a segment of people for a given period of

time, you understand that there are things to

consider and you get a feel for how people behave

and what motivates them to behave in the manner

that they do. And going back to the every path is

not the same for every offender, I think that the

experience that I have has allowed me to be able to

vet through a lot of that.

Not to say that my decisions are 99.9% correct

all the time, but I feel like I have enough

experience in reviewing cases and that I know that

it's not just paper. There's a person and a

victim, and there's family members involved that

are sometimes collateral victims that we need to

look at, because oftentimes you don't see that

until you work with people on a day-to-day basis.

And in the institutional setting, with the

time that I've been there over these last couple of

decades, you really get a feel for that. And I

don't think that's something that you can learn

unless you just live it. That's the best way I can

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explain it.

CFO ATWATER: Thank you, Governor.

GOVERNOR SCOTT: Okay. All right. Thank you.

MS. SWIER: Thank you.


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INTERVIEW OF LORI VANCAMP

GOVERNOR SCOTT: Let's see, next we have

Lori Vancamp.

Good morning, Lori.

Does anybody have any questions for Lori?

Attorney General?

ATTORNEY GENERAL BONDI: I do.

And, Lori, when I said this "crazy job"

earlier, I think you probably understood what I

meant by it; but I see people like Daphne Asbell in

the audience who -- Daphne, thank you -- has worked

as our victims' advocate with the Parole Commission

for how many years, Daphne?

MS. ASBELL: Almost 20.

ATTORNEY GENERAL BONDI: Twenty, and this job

is really like no other because you're dealing with

offenders. And you've been an investigator, so

you've seen that side of it in your recommendation;

but it's also dealing -- which I've handled many

cases I think probably when you were the

investigator, with the victims' families who have

experienced --

MS. VANCAMP: Yes, that's correct.

ATTORNEY GENERAL BONDI: -- they've been

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having to relive the murder of a loved one 20 years

later, and it's horrible. And emotions run high,

and it's extremely difficult and emotional, and why

would you want this job?

MS. VANCAMP: In regards to the victims, I've

worked with Daphne just about every time they've

come down to the Tampa office to do their voting.

I've really been blessed to learn a lot from Daphne

and the victims.

As I mentioned during one of my interviews,

there was a sexual battery victim that I was

working with, and we stay in a separate room until

the Commissioners are getting ready to vote. And

it was very difficult to deal with her, in all

honesty because -- and hold back my own emotion for

her because she was already upset and crying.

And she had a two-page letter; and in regards

to that two-page letter, she had written it in the

first person. When we went in to speak to the

Commission, I asked her if she wanted me to sit

with her, and she asked that I would. So I sat

next to her, I put my hand on her back trying to

comfort her. And she got through about the first

paragraph before she couldn't speak any further.

After that I asked her if I could read the

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letter for her, and it was written in first person,

and she asked that I would because it was important

that the Commissioners heard her words.

And this was a violent sexual rape that she

had suffered, and I had to read this out loud in

the first person. And it was very difficult for me

to hold back my own emotion and not cry because I

was reading it as if it was me. It was I, I,

because this woman had written the letter in first

person. It's something you never forget; you never

forget that.

And as to wanting this position, I've been

with the Commission 20 years. I've really been

blessed to learn so much from the Commissioners,

from all of the staff, the investigative process.

I have scored presumptive parole release dates on

sexual offenders. I have conducted over 10,000

clemency investigations; I've conducted over 5,000

revocation hearings and notices. As a supervisor

I've conducted staff meetings, handled their

performance-based budgeting.

I'm very familiar with the Agency; I love the

Agency. I call it my agency. I believe in what we

do. I know every aspect that we do is important,

whether it be clemency, parole, victims. And I

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take all of that seriously.


MS. VANCAMP: Thank you.


COMMISSIONER PUTNAM: Thank you, Governor.

I'd like to ask the same question. You know,

we see such an array of cases, and we take very

seriously the recommendations from the Commission.

And we see everything from, you know, 40-year-old

drug cases and we've got a 76-year-old offender in

front of us, to more recent -- more violent type of

offenses.

Tell me -- walk us through the filters, the

thought process when you're weighing clemency or a

recommendation for clemency to the Clemency Board

in terms of striking that balance between weighing

the circumstances that led to the crime and the

rights, the thoughts of the victims.

MS. VANCAMP: In regards to clemency, because

there are so many different types of clemency,

whether it be commutation of sentence, full

pardons, restoration of civil rights, I think that

each area has to be handled a little bit separately

and a little differently.

Obviously, with a full pardon and firearm

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authority, you want that full report that really

explains everything about that candidate and that

applicant, because the last thing we want to do is

restore a firearm authority to someone who is going

to go out and use that against someone and cause

there to be another victim in this world. And

quite frankly, I think there are already too many

victims.

In regards to restoration of civil rights, I

think they need to show that they deserve it and

that they've earned it. Many times we conduct

investigations where they might not have committed

a recent felony but they're constantly back in the

system being arrested for misdemeanors, criminal

traffic, whether it be domestic violence, criminal

mischief, or sometimes even felonies in which they

just -- adjudication was withheld or the felony

charges were dropped.

I would have to -- when I look and make a

recommendation for a clemency, I want to see that

they deserve it, they earn it, and they really want

it. That's I think very important.

For anything else, I think we really need a

stricter -- we need to stay strict like we are, in

all honesty, when it comes to full pardon with

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firearm authority because that's grace. It's not

just, you know, getting that right to vote again.

A full pardon is grace that the Governor and

Cabinet has the authority to issue someone, and

that shouldn't be taken lightly. And I think that

you all have done a wonderful job in showing that

grace.



CFO ATWATER: Yeah, thank you.

Lori, you mentioned again the time and the

experience that you feel personally has enriched

and benefited you. Could you go into just a little

bit more detail on this for me, okay?

The specifics of the experience that have

prepared you to take on this new responsibility,

what about those experiences prepares you for this

role.

MS. VANCAMP: Over the last 20 years, meeting

thousands and thousands of convicted felons, and

speaking with thousands of victims as well, because

as a clemency investigator and supervisor, we not

only speak with the felons, but we also speak with

the victims, so you tend to see both sides of it.

We also talk to the state attorneys, the

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judges in order to get their comments. It helps us

to see their perspective as well. They're the ones

who tried these cases, judged these cases; and

their opinions count just as much as the

applicants, the victims; and all the perspective

has to be taken into consideration.

And I think over 20 years I have had the

ability to meet and speak with all these

individuals and help me to make the best decision

possible in having that perspective. I don't have

just a law enforcement perspective, although that

is my background. I do have that law enforcement

perspective coming from the Hillsborough County

Sheriff's Office as a reserve deputy.

So that I do have, but I also can see it from

the victims' side because I've spoken with so many

victims. I can understand the applicants' side

when it comes to clemency.

Going into the prisons, I go into maximum

security prisons and interview inmates for

presumptive parole release dates, for subsequent

interviews or effective interviews, and I see what

they're talking about. But at the same time,

they're the ones who committed the crime that put

them there for life, so that has to be taken into

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consideration.

CFO ATWATER: Thank you.

GOVERNOR SCOTT: Thank you, Lori.

MS. VANCAMP: Thank you.

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INTERVIEW OF DAVID WYANT

GOVERNOR SCOTT: Next we have David Wyant.

Good morning, David.

MR. WYANT: Good morning, Governor.

GOVERNOR SCOTT: Does anyone have any

questions, Attorney General?

ATTORNEY GENERAL BONDI: I do, Governor.

David, first of all, thank you for your

incredible experience in law enforcement with

the -- why are we stuck with Bartow, Bartow PD,

Commissioner? We have a lot of Bartow folks here,

I'm teasing, all the time.

You've done an incredible job, years -- over

20 years of law enforcement experience, and going

up all the way to Deputy Police Chief in Bartow.

MR. WYANT: Yes, ma'am.

ATTORNEY GENERAL BONDI: I've seen your work,

I know your work. We do talk about what we do up

here when we sit as the Clemency Board as grace --

the Governor makes a point of that: This is a

court of mercy and grace.

There's something else though that the

Parole Commission does which, gentlemen, I don't

think you've seen over the last 20 odd years I've

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appeared in the Parole Commission. And all the

cases, the countless cases, I really -- Daphne, I

don't think I could count the cases I've appeared

on -- but they've all been either violent; violent

criminals; and mostly homicides, some even serial

killers who now, of course, life means life, but

previously it meant the possibility of parole.

So all those folks are coming up before us.

Also some of them are ones where they had received

the death penalty but the death penalty got

reversed. I've seen killers walk out the door. So

this is a very, very important position as a

prosecutor. I know all the sheriffs believe it's

important, all the state attorneys who appear

before you.

And so, you know, I've seen a different side

of it, and I think as you have as well. Could you

explain why you would like to be a

Parole Commissioner?

MR. WYANT: Yes, ma'am. I think with using my

years of law enforcement; the experiences I've

gained during my time; graduation from the FBI

National Academy; studying behavioral science and

interviewing and interrogation and seeking the

truth has prepared me to be a great judge of

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character, reviewing the case files; and also using

my experiences having been the one in the living

room with the victims or their families during

these homicides and working with our prosecutors to

get them locked up, I think it prepares me. My

eyes come in wide open, and I can use those

experiences to hopefully join a great team and make

it better.


MR. WYANT: Thank you, ma'am.


COMMISSIONER PUTNAM: Thank you, Governor.

And I want to echo what the Attorney General

said: You've got a unanimous recommendation from

the Parole Qualifications Commission for this

position, and enjoy the endorsement of the chiefs

and Sheriff Judd and FOP and others; but, you know,

the worst day in most people's lives is when the

cops show up.

MR. WYANT: Absolutely.

COMMISSIONER PUTNAM: I mean so you're seeing

people at rock bottom.

MR. WYANT: Right.

COMMISSIONER PUTNAM: In law enforcement,

you've seen the worst of people, you've worked

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multiple homicide scenes and comforted victims in

the same 30-minute window.

MR. WYANT: Yes, sir.

COMMISSIONER PUTNAM: So, you know, as I've

asked the others, you know, we've put a lot of

reliance on the recommendations that come before us

in clemency.

Tell me how your background in

law enforcement, both working a complicated case;

undercover in a school, in a neighborhood; seeing

the circumstances that often breed some of the

criminal behaviors that are kind of manifested in a

whole lifetime of things; and the victims' side of

it. Tell us how you weigh those things and the

filters that are running through your mind when

you're interviewing someone to make a

recommendation to us.

MR. WYANT: Well, you're absolutely right,

Commissioner. Unfortunately law enforcement only

gets called when bad things happen. People don't

call us to, you know, offer us things and tell us,

great job. They always love the fire department

regardless of what happens, but the police is

always second best.

But having worked through the victims and with

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our prosecutors and up to the appellate courts,

I've had opportunity to review all kinds of cases.

I think clemency is extremely important. I don't

think it's something that can be looked at

haphazardly. I think the research and the

investigation and the homework has got to be done

on it. I have seen the evils of the world and the

victims -- and our victimization of our

communities.

So I bring those experiences and that thought

process to the Board when reviewing those cases:

What has this person done to better themselves and

are they a betterment to our community since

they've done time? And like I said, it's a tough

question to answer in 30 seconds, but I can assure

you that I will do my homework. I'll only

recommend those that are worthy of your approval.




David, I think you may have answered where I

was going with both the General's question and the

Commissioner's question, was about tapping into the

life experiences, the roles that you've played that

will provide you unique insights into the

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performance of this role.

Is there anything else you would want to add?

I heard in all of those -- each of those answers

some of that, but if there is some more you would

like to touch on, I would appreciate that.

MR. WYANT: Well, just really to add in that

in addition to all of the investigative work I've

done, I've also been a member of our community

oriented policing squad, created the bike patrol

program for the police departments so we're out in

the communities. So community involvement is very

important for my history and my future as well.

And I think this Board does a great job in

outreach, and I think my experience with that will

aid to that as well.


GOVERNOR SCOTT: All right. Thank you, David.

MR. WYANT: Thank you, sir.

GOVERNOR SCOTT: So would anybody like to make

a motion?

ATTORNEY GENERAL BONDI: Governor, I would --

unless you need to discuss it, first of all, I

agree we have three amazing candidates. Thank you

all for applying. I think you're all great

choices.

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But unless there is a discussion, I would move

to appoint David Wyant as our next

Parole Commissioner.

GOVERNOR SCOTT: Is there a second?

COMMISSIONER PUTNAM: I second it, Governor,

and I'm happy to discuss the few people if you so

desire.

GOVERNOR SCOTT: Okay. Are there any comments

or objections?

(NO RESPONSE).

GOVERNOR SCOTT: Okay. All in favor?

(AFFIRMATIVE INDICATIONS).

GOVERNOR SCOTT: The motion passes.

Thank you. Congratulations, David.

Cynthia and Lori, thank you for your --

ATTORNEY GENERAL BONDI: Thank you both.

GOVERNOR SCOTT: David, why don't you come up

and we'll have a picture? And Lori and Cynthia,

why don't you come up for a picture after that?

* * * *

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HIGHWAY SAFETY AND MOTOR VEHICLES

GOVERNOR SCOTT: Next I'd like to recognize

Terry Rhodes with the Department of Highway Safety

and Motor Vehicles.

Good morning, Terry.

EXECUTIVE DIRECTOR RHODES: Good morning,

Governor, General, CFO, Commissioner.

Today we've got four agenda items for your

consideration. The first one being requesting

approval of the December 8th minute meeting (sic).

GOVERNOR SCOTT: Is there a motion on the

item?

ATTORNEY GENERAL BONDI: So moved.


CFO ATWATER: Second.

GOVERNOR SCOTT: Comments or objections?

(NO RESPONSE).

GOVERNOR SCOTT: Hearing none, the motion

carries.

EXECUTIVE DIRECTOR RHODES: The second item is

we request approval of the second and third

performance reports, and I'll be happy to answer

any of the questions that you may have in regards

to those reports.

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GOVERNOR SCOTT: Is there a motion to accept?

CFO ATWATER: So moved.


ATTORNEY GENERAL BONDI: Second.

GOVERNOR SCOTT: Any comments, questions,

objections?

(NO RESPONSE).


carries.

EXECUTIVE DIRECTOR RHODES: Okay. The third

item is for the Department to seek approval to

publish a notice of proposed rulemaking to amend

Rule Chapter 15A-5.011 relating to the vision

standards, and request final approval to file for a

final adoption if no request for rule hearings is

received as a result of the notice and no changes

are needed.

This amendment makes Rule Number 15A-5.011

consistent with our other rules in regard to the

minimum visual standards, and is updating the

minimal acceptable field of vision standard from

140 to 130.


item?

COMMISSIONER PUTNAM: What does that mean?

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EXECUTIVE DIRECTOR RHODES: Peripheral vision

is changing, making it consistent with the other

standards; and also from the national standards

what other states are doing.

COMMISSIONER PUTNAM: So is it raising it or

lowering it?

EXECUTIVE DIRECTOR RHODES: It's updating it.

COMMISSIONER PUTNAM: So if you're going

from 140 degrees to 130 degrees, does that mean

we have a lower tolerance for vision or a higher

threshold?

EXECUTIVE DIRECTOR RHODES: Commissioner, from

what I understand, it's taking it and it is

lowering it per se; but it's based on the national

standards and the recommendation of the Medical

Review Board.

COMMISSIONER PUTNAM: Okay.

EXECUTIVE DIRECTOR RHODES: And we did have

a hearing on April 29th and there were no

attendees.

COMMISSIONER PUTNAM: So moved.




(NO RESPONSE).

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carries.

EXECUTIVE DIRECTOR RHODES: All right.

Item Number 4 is the Department requests approval

to publish a notice of proposed rulemaking to

amend Rule 15A-7.012 related to commercial

driver's license skills test to adhere to the

Federal Motor Vehicle Carrier Safety Administration

requirements.

The Department requests final approval to file

for final adoption if there is no request for rule

hearing is received as a result of the notice and

no changes are needed.

GOVERNOR SCOTT: All right. Is there a motion

on the item?



COMMISSIONER PUTNAM: Second.

GOVERNOR SCOTT: Any comments or objections?

(NO RESPONSE).


carries.

EXECUTIVE DIRECTOR RHODES: This concludes our

agenda.

Thank you all.

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GOVERNOR SCOTT: Thanks, Terry.

* * * *

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OFFICE OF FINANCIAL REGULATION


Drew Breakspear with the Office of Financial

Regulation.

Good morning.

COMMISSIONER BREAKSPEAR: Good morning,

Governor Scott, CFO Atwater, Attorney General

Bondi, and Commissioner Putnam.

It's a pleasure to come before you today to

talk about some of the great things we're doing at

the Office of Financial Regulation. I want you to

know how much I appreciate the opportunity to

highlight our successes over the past year, discuss

areas where adjustments may be needed, and areas we

plan to address moving forward.

My staff provided you with the trend snapshot

of our performance results. As the Financial

Services Commission suggested at the beginning of

the process, we have included each quarter and the

annual outcomes. During my presentation, I will

take you through the annual report of agency

measures, questions, and talk about my plans for

the Agency moving forward.

I welcome your feedback during the

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presentation, so please don't hesitate to stop me

if you have any questions.

In terms of the annual report and agency

measures, we've accomplished a lot in the past

year. We have been monitoring the OFR's

performance measures for the Financial Service

Commission every step of the way. The OFR's

performance measure trends have fluctuated

throughout the year, but the Agency consistently

exceeded expectations, achieving a comprehensive

annual rating of 3.75.

I would like to highlight Measure 5, which is

the average number of days to approve a license.

One of the ways the OFR supports the Governor's

Let's Get to Work initiative is by continuing to be

incredibly efficient, approving a license in an

annual average of five days. This helps the

applicants get to work faster, allows businesses to

grow and hire more people.

The OFR has approved more than 62,000 licenses

since July of 2015. So we're focused on helping

these individuals and businesses get licensed to

work in Florida. The measures with the most

fluctuation throughout the year were Measures 6 and

8; however, I'm happy to report that both of these

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measures steadily improved during the year with

more focus placed on these areas.

As you can see in Measure 6, which is the

average days to approve a mortgage lender license,

we've increased efficiency and reduced the average

from 54 days to 20 days. This represents a

decrease of more than 60% during the course of the

year. Our final annual average in this area is

32 days.

Measure 8, which is the average days to issue

a deficiency letter to investment advisor

applicants has also steadily decreased from 21 days

to 11 days. This represents a decrease of 8%

during the year. Our final average in the area is

14 days.

I'm very proud of our annual outcomes, and I

believe they're a reflection of the team work,

national focus, and dedication. The remaining

performance measures in the OFR's annual report

were consistently high performing throughout the

year maintaining a top score of five. The

improvements that we achieved are another step

towards increased Agency efficiency, improving

taxpayer value, and helping our applicants achieve

licensure rapidly so that people in business can

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get to work quickly.

There are a couple of suggestions I would like

to make regarding our performance measures which

I'll make towards the end of the presentation.

In terms of the subjective leadership

assessment questions, there are several items I've

identified in my subjective leadership assessment

responses that I would like to address today.

These thoughtful questions are important for any

leader to ask themselves, and I appreciate the

opportunity to highlight my responses.

You watched how I define success at the Office

of Financial Regulation. As Commissioner, I

believe the Agency exemplifies success through

smart, efficient, and effective regulation of the

financial services industry, and by protecting

consumers. Success is demonstrated in both

measurable and nonmeasurable ways. A measurable

example includes the efficiency of the Agency's

licensing process, such as the average days to

approve a license.

Swift licensing is a phenomenal success when

you consider comprehensive application evaluation

performed by the OFR. And as I stated earlier, the

fact that the Agency has approved more than

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62,000 applications in the fiscal year to date,

this helps our applicants get to work faster and

allows businesses to grow and provide services to

the people of Florida.

We support the outreach efforts of

Commissioner Putnam and CFO Atwater and the

diligent work to raise consumer awareness. The OFR

has similarly issued more than 30 consumer alerts

in the past two years, covering topics of utmost

importance to Floridians.

Example of the OFR's successes include

business-friendly industry outreach and consumer

outreach. We strive to align communications

outreach with relevant efforts and events and

topics and Agency priorities, such as the passage

of the equity crowdfunding legislation, and the

launch of the check-cashing database, as well as

financial literacy.

My responses to the subjective leadership

assessment questions also spotlight the invaluable

services we provide to Floridians. These services

include consumer protection, customer service, and

complaint resolution.

Within the areas of consumer protection, there

is no absolute quantifiable measurement of cost

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savings to the consumer. For example, the OFR's

early takedown of an investment fraud or

Ponzi scheme provides an incalculable benefit to

many Floridians who might have otherwise been

harmed by the scheme. Saving one person from

losing their life savings is not necessarily

measurable but is a huge success.

A little noted function at the OFR is our

Bureau of Financial Investigations. When

examinations conducted by divisions or complaints

by consumers raise a potential concern of criminal

or fraudulent activity, the Bureau begins an

investigation.

At any point in time, 200 plus investigations

are underway. Once a case is developed, we have to

convince a prosecutor to take it. In 2014/'15,

31 criminal cases developed by the OFR resulted in

30 defendants being convicted and 20 receiving

prison terms totaling 142 years. We thank our

prosecution partners for their assistance,

including the Attorney General's Office of

Statewide Prosecution.

In the realm of customer service and complaint

resolution, the OFR's prompt, courteous service to

applicants and licensees is priceless. The OFR's

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dedicated team performs industry and consumer

outreach on a regular basis, which includes

conversations regarding trends and common

violations derived from examination and application

processes. These important discussions nurture the

relationship with those who regulate, and outreach

activities maintain open lines of communication

with Florida's businesses and professionals.

Within the leadership assessment, I discuss

the short-term and long-term priorities that I have

for the Agency, as well as the ongoing and upcoming

challenges we face. This year the short-term

priorities that I highlighted include the

successful rollout of crowdfunding and the

check-cashing database. In 2015, Florida

legislation was passed creating equity

crowdfunding.

Our efforts regarding crowdfunding are

important because this relatively new fundraising

tool has created a vehicle for small businesses to

raise capital, grow, and create jobs. The OFR has

finalized rulemaking and updated our online

licensing portal to accommodate this program.

The check-cashing database was successfully

launched on September the 3rd, 2015. Florida now

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requires licensed check-cashing businesses to enter

into the check-cashing database any check cashed

over $1,000 or a daily aggregated amount of more

than a thousand in checks cashed by a single

person.

The database is providing new intelligence as

we continue to mine the data which will help the

Agency target fraudulent trends and identify

entities that need to be examined immediately

rather than on a normal scheduled basis. This

valuable information will benefit the OFR's

fraud-fighting efforts, as well as partner agencies

in law enforcement.

We have already had great interest from other

agencies. The Financial Crimes Enforcement

Network, FinCEN, from the Federal Government will

receive multiple presentations on the database,

including a Bank Secrecy Act advisory group

presentation review.

Additionally, we partner with CFO Atwater's

Division of Insurance Fraud, which uses the

database as a valuable tool to combat workers'

compensation fraud.

With respect to my long-term priorities, I

look forward to continuing to improve the

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efficiency and effectiveness of the Agency as a

whole through initiatives, such as increasing our

preparedness for fluctuations in the financial

services industry and ensuring that OFR has the

skill set necessary to handle the industry's

increasingly robust technology systems and

cyber security issues as they arise.

Additionally, monitoring, merging, and virtual

payment systems is a long-term priority. As the

world continues to transition into an on-line

payment realm, the OFR needs to ensure we keep pace

and address changes to statutes and rules as

needed.

I've continued to champion the Agency's

involvement in the Conference of State Bank

Supervisors Emerging Payments Task Force. Launched

in 2014, this group of nine commissioners,

including Florida, is studying changes in payment

systems, mobile banking, virtual currency, Fintech,

shadow banking, et cetera, to determine the

potential impact on consumer protection, state law,

banks, and nonbank entities that are chartered or

licensed by the State. It is my goal to continue

advancing emerging payments conversation on behalf

of Florida.

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As I mentioned in the leadership assessment,

we continue to monitor and measure our progress on

these priority areas and keep each of you apprised

of updates through the Financial Services

Commission quarterly reporting process. A theme

that is consistent throughout my response is the

ongoing challenge to hire, train, and most

importantly, retain highly qualified staff.

It takes an average examiner two to

three years to become proficient in the respective

area the OFR oversees. The Agency is finding it

difficult to retain staff beyond the normal

training timeline. This presents an incredible

challenge as we are in the constant process of

hiring and training new employees.

Our employees work in a highly specialized

area which requires certain technical skill sets,

industry knowledge, and significant training. New

employees cannot walk through the door of our

Agency and review loan portfolios, perform

suitability analyses, understand the mortgage

business, or delve into forensic accounting without

the appropriate on-the-job training.

We need employees that have a unique

combination of critical and analytic expertise,

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plus excellent communication skills. We are

seeking employees who can leverage business

knowledge of the financial service industry and

communicate effectively with their peers and OFR

customers. Additionally, we have a minimum

threshold of finance and accounting college degrees

which play a large role in our selection process.

The skill sets gained by employees who work

for the OFR are attractive to both the private

sector and the Federal Government. Salaries in

those sectors pay substantially more than the OFR.

Additionally, the U.S. Department of Labor's

2014 statistics reflect the average worker remains

at their employment approximately four and a half

years. Given that we -- it takes two to three to

train, we do not get a lot.

According to recent news reports, the

expectations of those entering the workforce has

changed. Newly hired Millennials will have many

more jobs by the time they are 30 than has been the

historic norm, and job hoping is commonplace.

Research suggests that today's new hires lack some

of the soft skills, such as ability to communicate

effectively and work as a team. These are all

critical components of success at the OFR.

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While I understand turnover is not unique to

state government, I strongly believe this new

generation of workers has different expectations,

and I want to be able to address the needs of our

most experienced OFR staff, as well as those who

are new to the Agency.

What we are doing about it, the OFR launched

the first ever employee-engagement survey to learn

more about our employees on the job and the level

of engagement with our managers. We just wrapped

up the survey, and the initial results suggest that

70% of OFR employees who responded to the survey

feel engaged and involved with their managers.

Additionally, we conduct exit interviews to

elicit more information. We believe that the

information collected from the survey will help

informed decisionmaking with regard to additional

employee mentoring and training programs, allowing

us to continue exploring new ways to improve

employee retention.

The OFR is also implementing staff-training

engagement programs to increase our ability to

hire, train, and retain qualified staff. I've

worked with the Agency's leadership team to

allocate additional resources toward training

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efforts, including hiring internal, dedicated

trainers that can provide consistent and timely

responses to the Agency's training needs.

The team is developing online training tools

that can be enabled on demand for a given training

topic. One excellent example is development of the

Division of Securities training manual for new

employees, which covers elements needed to be

successful during the first few months on the job.

It is my hope these new tools, along with

on-the-job training, will help facilitate greater

job satisfaction and a shorter timeline to achieve

proficiency.

Moving to plans for the future: At this point

I would like to loop back to the suggestions that I

have for the Agency's performance measures. With

regard to Measure 5, we are currently measuring the

average number of days from receipt of an

application to approval.

As you know, our team communicates with

businesses and individuals to answer questions and

facilitate the application submission process.

This helps us gather information to license them

rather than simply sending a deficiency letter when

we receive an incomplete application.

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Occasionally communication can take time,

which can skew the average number of days approval.

I would like to put forward a recommendation to

adjust Measure 5 by looking at the average days

from receipt of a completed application to

approval.

Additionally, Measure 6 should be adjusted for

the same reason; that is, to capture the average

number of days from receipt of a completed mortgage

lender application to approval.

With respect to Measures 5 and 6, I would like

to propose that we change their weight to 5% from

10% and add two new measures to the report. I

would like to recommend we add Measure 9 for

employee engagement and Measure 10 for

customer-service efficiency. Each would have a 5%

weight. I believe we can give you a more complete

snapshot of the Agency performance by adding these

measures.

Looking ahead, I plan to continue carrying out

our mission of smart, efficient, and effective

regulation of Florida's financial services

industry. We will keep doing what we're doing full

speed ahead. You have my commitment to keep you

apprised of developments as information becomes

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available.

I'm excited to continue our work for the state

and national levels to influence policy that both

protects consumers and supports economic growth. I

will ensure that we continue to develop and

implement common-sense regulation and keep the

Agency running smoothly, and encourage more

financial businesses and professionals to come to

Florida.

Before I discuss emerging risks, I would like

to collect your final subjective leadership

assessment scores so we can calculate the final

Agency score. So if those are available, could I

come forward and collect them?

GOVERNOR SCOTT: Okay. Hold on just for a

second, Drew.

All right. So we've got our scores, comments,

and let's talk about changes for a second. Do

y'all want to talk about changes today, or do you

want to go through it first and --

CFO ATWATER: Yeah, thank you, Governor.

First off, I think I heard the Commissioner's

preferences, and I think the changes to 5 and 6

made sense. But I think it would be valuable if

maybe this was covered with our staffs and we had

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really a chance to look at that, along with the

ideas you have for the new 9 and 10 which, again,

have merit I believe. But I'm not sure I'd want to

take them out of the subjective.

So might I just suggest, Governor, that these

be presented through our staffs and that we have a

chance to all work together and bring back our

recommendations?

GOVERNOR SCOTT: Is that okay with everybody?

ATTORNEY GENERAL BONDI: Yeah, that's fine. I

mean we could do it today, but I'd rather have more

time to go through them.

GOVERNOR SCOTT: Okay. So that's -- on the

changes, you're going to talk to our staff, and

then we'll do it at the next Cabinet meeting.

COMMISSIONER BREAKSPEAR: Absolutely, that's

fine.

GOVERNOR SCOTT: Okay. So then on the scores,

is everybody ready? Did everybody get their scores

done, you guys?

ATTORNEY GENERAL BONDI: We did.

GOVERNOR SCOTT: Yeah? All right. I'll just

go through. My score is 3.43.

Attorney General.

ATTORNEY GENERAL BONDI: My score is a --

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I'm sorry, Governor, one minute -- 3.65.

CFO ATWATER: Governor, you're giving a total

score? Is that what you're giving, a total score?

GOVERNOR SCOTT: Yeah.

CFO ATWATER: I -- well, I just want to share

it this way.

GOVERNOR SCOTT: Just give me --

CFO ATWATER: Well, I felt on the subjective,

Mr. Breakspear, I agree that that is a 3, and so

then I would have done the computation. If I'd got

the computation right, it would come to a 4.35, but

I'm not --

GOVERNOR SCOTT: Yours is 4.35?

CFO ATWATER: Yeah.

GOVERNOR SCOTT: Okay. Commissioner.

COMMISSIONER PUTNAM: Governor. I have a

4.75 on the subjective.

GOVERNOR SCOTT: All right. Okay. So we'll

give you -- and our staffs will give you how we did

it, all right?

COMMISSIONER BREAKSPEAR: Okay.

GOVERNOR SCOTT: Okay. So you got our scores.

Now do you want to go through -- does anybody --

before we do any motion to accept the report, does

anybody have questions and comments?

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COMMISSIONER PUTNAM: I do, but I don't want

to -- do you want to go first?

GOVERNOR SCOTT: Why don't you start,

Commissioner.

COMMISSIONER PUTNAM: I would just --

you know, woven throughout your report is certainly

the retention challenge, the recruitment challenge,

and I would -- and this is actually an area where I

dinged you on your report.

I hope that there's a written plan for

retaining more of your folks, and I'd love to hear

more about what you've learned in the exit

interviews about the commonalities of why people

are leaving and then help us understand better what

you're looking for, who that ideal examiner is

coming out of that financial services industry

that's certainly seen a lot of turmoil in previous

years because, you know, I'm assuming it's not

simply a matter of pay. I'm sure that's a factor,

but there are other factors typically at work on

retention issues.

So if you would, let's dig a little deeper on

that. Talk to me about retention issues.

COMMISSIONER BREAKSPEAR: Okay. You know,

retention is -- I think as I mentioned is

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multifaceted. First is, you know, unfortunately

when we get our teams out there, in some cases

they're actually working with the federal

counterparts, and we lose some to our federal

counterparts because they pay that much more.

They're doing the same work, in fact, they may

be doing a joint examination and sitting with a

vast difference in pay, and allows our federal

counterparts to look at our people and cherry-pick

the best.

In terms of training and retention, we realize

that making sure people are trained and have the

skills is important to them having a feeling of

self confidence when they're out in the field doing

examinations. So that's something we've

highlighted, and continue to work on, is how do we

build that self confidence, how do we build that

skill set, and how do we focus on it and develop

it.

It's also -- we are compiling the results of

both our survey and our exit interviews, and I'd be

happy to come back and share those with the

Commission if you'd like in the future.

COMMISSIONER PUTNAM: Where do you typically

go to recruit new employees? Are you getting --

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are you getting someone who is midway through their

career in banking? I assume you're not pulling

them straight out of school to go be an examiner.

COMMISSIONER BREAKSPEAR: Well, we pull a lot

of them out of school and pull them out with a few

years of experience, and then we have to go through

a training process and develop them. And depending

which division they're in, the training and

development takes shorter or longer.

You know, within our banking area, it really

takes a while to get to the point where somebody

could be comfortable in an examination covering all

of the elements of the CAMELS rating which is used

in the financial area.

Within securities, an investment advisor

versus a broker/dealer are different levels of

experience that are needed there. Within consumer

finance, we have so many different businesses, it

takes a while to train people to be able to go

across all of them.

I don't know if that answered your question,

Commissioner.


GOVERNOR SCOTT: All right. CFO.


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I think the Commissioner is on to it, we've

got to find a way to improve the longevity. I

think if, I think if -- I think you owe it to us to

sit down and look at -- well, one, I appreciate you

didn't walk to the microphone and say: It's all

about money. Okay, I appreciate that, but there is

a significant portion of this that is about money.

And I think you need to come to us and show us that

discrepancy and how far we are deviating from

what's going on.

You know, we can't keep running a team that's

going to be snatched like yours is being taken,

okay? You know that, and we know that, so we've

got to figure out an answer.

I appreciate you've done the employee surveys,

engaging employees, but I think at some point you

need to bring us the numbers and let us make the

call with you: Are we going to go and ask for some

greater salary, okay?

Obviously the role that they're doing, the

work is too important, and you can't keep training.

So let's have that conversation at some point very

soon, and I'm sure you agree with that.

COMMISSIONER BREAKSPEAR: I absolutely agree

with that, and I think, you know, at some point

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money is a factor unfortunately.

CFO ATWATER: It is, it is. And I don't know

where you're going to get these from unless we

address some of that as well, okay? I mean you

can't hold enough pizza parties, all right?

COMMISSIONER BREAKSPEAR: CFO, we're

collecting information from our federal

counterparts. I don't think we're ever going to

get to the point where we compete, but I think if

we can narrow the gap a little, it will help.

CFO ATWATER: I think you've got to consider

a -- you've got to bring to us a serious

conversation about the gap, okay?

The other thing I would say is, again, you

know you're the first person that we've had a

chance to go through the entire four quarters and

to offer a subjective with us in this fashion.

So I want to stay first off, the care that

you've given to creating the narrative is valuable,

and I appreciate the time you put into it, okay?

So I want you to know that.

COMMISSIONER BREAKSPEAR: Thank you.

CFO ATWATER: But I want to talk about the

stakeholder groups, and that is where I really

would like to understand the time that you

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personally spend with members of the banking

industry to get direct feedback, the credit unions,

the securities industry, the mortgage industry.

How are you getting the direct feedback?

COMMISSIONER BREAKSPEAR: You know, a lot of

it, I rely on my people who are dealing with it

day in and day out in the various industries. I do

go out and meet with groups, and I periodically

talk to individual people within the industry.

But a lot of it is, you know, we have

410,000 licenses out there, and it's an enormous

group. And we have our Division people focused on

interacting with business groups within each of the

areas they work with, and then I talk about it

regularly with them to sort of assimilate what I

can.

CFO ATWATER: What I just would like to

suggest -- and I clearly understand in this

conversation, I represent one of four voices that

you're getting; but, you know, I have the privilege

of licensing over 750,000 people with an

insurance -- license to sell insurance in the

state.

So we have to take advantage of the

associations that they're offering you; and I

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think you need, of course, to get the value, the

feedback from your team. But I would ask you to

personally make a greater commitment that you're

going to sit in front of the association leadership

and say: What is it we're doing right? What is it

that we could do better? Where are we adding

value?

Of course, again, I've been through bank

exams. I'm not suggesting, you know, it's a joyful

experience, but I believe there's something that

they would probably have to offer, and the quality

of the experience and the value that we're to be

adding. So that is one place, in hearing your

answer, I would really like you to personally spend

more time with the leadership of the association

membership.

COMMISSIONER BREAKSPEAR: I will do that.

CFO ATWATER: All right. Governor, that's it

for me.

GOVERNOR SCOTT: Okay. Attorney General.

ATTORNEY GENERAL BONDI: No, thank you,

Governor.

GOVERNOR SCOTT: All right. Any -- is there a

motion to accept the report?


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(NO RESPONSE).


carries.

COMMISSIONER BREAKSPEAR: Governor, I've got a

couple of more things, if I may.

GOVERNOR SCOTT: Okay.

COMMISSIONER BREAKSPEAR: One is we did the

aggregate score, did the calculation based on the

subjective and the objective measures: 4.48.

GOVERNOR SCOTT: Congratulations.

COMMISSIONER BREAKSPEAR: Thank you.

I just thought it would be useful if I can

take a couple of minutes and talk about future

risks that we're looking at out there. And this

will only take a couple of minutes, but these are

things that could impact us both -- in the short

term.

Number 1, obviously, is fluctuations in the

economy. Shifts in any sector of the economy may

impact our licensees. We monitor economic trends

that affect the financial services industry that is

out there, and that remains the top priority.

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55

Second, employee retention, I think I've

probably talked about that enough.

Third, Federal regulation, the continuing

growth in regulation emanating from Federal

agencies is reinforcing my view, which I expressed

actually in a 2015 opinion piece that I wrote

called: Too Small to Comply. We are seeing the

consolidation in the banking industry as a way to

handle these new Federal regulations.

When I wrote that article in 2015, 55% of the

Dodd-Frank rules and regulations had been written.

That exceeded 20,000 pages of rules and regulations

at that point. For a small bank, that's tough.

Payday lending, the CFPB is expected to issue

some rules in 2016 -- Consumer Financial Protection

Bureau, sorry -- on small dollar lending, and that

could cause significant industry contraction based

on what we've seen to date.

Shadow banking, it's out there. I call these

shadow banking products, such as online mortgages

and bank services, alternative financial services.

These are new and innovative methods of delivering

a broad range of products to consumers. New

statutes and rules may be required.

Our focus is two-fold: Protect consumers; and

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second, try not to stifle innovation as we go along

with an overwhelming set of rules and regulations.

Fintech, which is out there, which envisions

service delivery through mobile devices, such as

cell phones, these will be closely integrated.

Again, we'll have to monitor as it goes along.

And then finally, senior protection. We have

an ever-growing senior population susceptible to

financial abuse and scams, and we're committing --

committed to continuing our efforts on this front

to raise awareness of the risks that are out there.

I just thought I would tell you when I look

down the road what I worry about that could come

back and impact us or the industry in a significant

way.

So in closing, I just want to emphasize my

support for the diligent work of the Agency's team.

Thank you very much.

GOVERNOR SCOTT: All right. Thank you, Drew.

CFO.

CFO ATWATER: Yeah, Drew, just another minute.

I suspect that some of the shadow banking and

shadow lending is not only a creative providing of

services, it's also a creative avoidance of

regulation. So I hope that you'll be sharing with

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us some ideas soon on -- you said some of this may

need some legislative action. I suspect some of it

does, but we can go into that later.

The other issue, your piece on Too Small to

Comply should be required reading for anybody

wanting to run for Federal office. That was well

done.

And then lastly, I just -- I hope that you

might suggest by sending to those who are

continuing to add regulations due to Dodd-Frank

that we have some of the best small lending

statutes and practices in the country, and I sure

hope they don't intend on screwing that up.

COMMISSIONER BREAKSPEAR: I've reached out,

and my team and I have developed I think good

working relationships with all of the Federal

agencies we deal with. And we're pretty consistent

in telling them, enough is enough, back off; and

Florida has a great system across a wide ranges of

products. So, CFO, thank you very much.


COMMISSIONER BREAKSPEAR: And, yes, I will

come back on shadow banking. I'm concerned,

you know, that it may be a way to avoid regulation.

I also don't want to be the heavy hand of

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58

regulation that prevents a great new product

getting to the market that will help our consumers.

GOVERNOR SCOTT: Thank you, Drew. Thank you.

* * * *

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59

APPOINTMENT - COMMISSION ON

OFFENDER REVIEW COMMISSIONER

GOVERNOR SCOTT: So going back to the

Commission on Offender Review, I'd like to clarify

that David Wyant's term is going to be six years

beginning on July 1st of this year.

Is there a motion?


GOVERNOR SCOTT: Second?


GOVERNOR SCOTT: All in favor?


GOVERNOR SCOTT: And then we need to appoint

the chair and vice chair for the Commission on

Offender Review.

Is there a motion?

ATTORNEY GENERAL BONDI: Yeah, I would move to

appoint Melinda Coonrod as Chair, and

Richard Davisson as Vice Chair, unless it's up for

discussion.



GOVERNOR SCOTT: Okay. All in favor?


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GOVERNOR SCOTT: All right. Thank you.

* * * *

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61

DEPARTMENT OF REVENUE

GOVERNOR SCOTT: Next I would like to

recognize Leon Biegalski with the Department of

Revenue.

EXECUTIVE DIRECTOR BIEGALSKI: Governor Scott,

Attorney General Bondi, CFO Atwater, and

Commissioner Putnam, I want to start off by saying

thank you again, and I do really appreciate the

opportunity to be here.

I'm actually going to try to not beat this up

like the last time I was here. The microphone just

decided to be in my way.

We've got three agenda items for you today:

The first being that we respectfully request

approval of the minutes from the March 2nd, 2016,

Cabinet meeting.

GOVERNOR SCOTT: Is there a motion?

ATTORNEY GENERAL BONDI: So move.




(NO RESPONSE).


carries.

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62

EXECUTIVE DIRECTOR BIEGALSKI: Our second item

is the Department respectfully submits the

third quarter performance report for the fiscal

year 2015/2016. The Department is meeting or

exceeding all of our measures.

GOVERNOR SCOTT: Is there a motion to accept?

COMMISSIONER PUTNAM: So moved, and I have a

question.

GOVERNOR SCOTT: Do you want to go ahead and

do the second? Do you want to second it, CFO?

CFO ATWATER: Yes.

GOVERNOR SCOTT: Okay. Let's go ahead and go

to -- Commissioner, you have a question?

COMMISSIONER PUTNAM: Have you had an

opportunity to review the criteria that you

inherited and for which you are being judged, and

do you have any adjustments that you would

recommend?

EXECUTIVE DIRECTOR BIEGALSKI: I have, but not

at this time.

COMMISSIONER PUTNAM: Okay.

EXECUTIVE DIRECTOR BIEGALSKI: I think it was

also very enlightening watching

Commissioner Breakspear's annual review and the

effort that they put forth into the subjective

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63

criteria.


GOVERNOR SCOTT: Okay. So I think,

Commissioner, would we want him to come back at

the next meeting to go through, and then we can

have a conversation if he has any suggested

changes?

COMMISSIONER PUTNAM: Yes. My motion would be

to accept his third quarter report as it is, and

it's excellence performance; and then if he has

recommendations on any adjustments based on,

you know, putting your fingerprints on the Agency,

we would welcome that at the next meeting should

you have any. Maybe you don't; but if you do, I

think you should have the opportunity to make those

recommendations. It's your ship.

EXECUTIVE DIRECTOR BIEGALSKI: Understood, I

appreciate that. And from what is here -- and

granted, you know, five -- a little over

five weeks, I'm still on the learning curve in

terms of understanding what goes into each of the

measures.

But definitely will be looking into that to

determine whether or not these are the most

appropriate and/or whether or not there are

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64

additional that maybe should be included.


GOVERNOR SCOTT: All right. So no comments or

objections, the motion carries.

EXECUTIVE DIRECTOR BIEGALSKI: Thank you. And

our --

GOVERNOR SCOTT: The CFO seconded it.

CFO ATWATER: Yeah.

EXECUTIVE DIRECTOR BIEGALSKI: And our third

item is that the Department respectfully requests

approval to file for final adoption amendments to

Rule Chapter 12D-9 and Rule 12D-16.002 related to

property tax oversight.

The proposed rules reflect minor statutory

changes made to the Value Adjustment Board

procedures that were enacted in Sections 1 and 2 of

Chapter 2015-115 of the Laws of Florida; and also

Section 8 of Chapter 2013-109 of the Laws of

Florida.

GOVERNOR SCOTT: Okay. Is there a motion?





(NO RESPONSE).

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65


carries.

Thanks, Leon.

COMMISSIONER PUTNAM: Before you leave,

Governor, I just want to say thank you for taking

the time to spend some time with me and my office

walking through the ambiguities of the last

25 years as it relates to the sales tax on

fingerprints; and since it's been an acceptable

last 25, I assume it will continue to be acceptably

ambiguous until there's clarification by the

Legislature next session.

EXECUTIVE DIRECTOR BIEGALSKI: Understood.


EXECUTIVE DIRECTOR BIEGALSKI: And thank you.

GOVERNOR SCOTT: Thanks, Commissioner, for

doing that.


GOVERNOR SCOTT: Thanks, Leon.

EXECUTIVE DIRECTOR BIEGALSKI: Thank you.

* * * *

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66

ADMINISTRATION COMMISSION


Mark Kruse with the Administration Commission.

MR. KRUSE: Good morning. We have two items

on the Administration Commissioner agenda. Item 1

is a request for approval of the minutes of the

March 29th, 2016, meeting.


item?





(NO RESPONSE).


carries.

MR. KRUSE: Item 2 is a request for approval

of the 2016 Statewide Emergency Shelter Plan

submitted by the Division of Emergency Management.

Jonathan Lord with the Division will briefly

address this item.

Jonathan.

GOVERNOR SCOTT: Good morning.

MR. LORD: Good morning, Governor and Cabinet.

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67

Let me apologize in advance. I had my tonsils

taken out about a week ago, so if my voice dips in

and out, I'll repeat myself.

So good morning, again. I appreciate the

opportunity to present the Division's 2016

Statewide Emergency Shelter Plan. The 2016

Statewide Emergency Shelter Plan provides a guide

for local and regional planning of new public

school, college, and university facilities that by

statute must meet public shelter design criteria.

The plan quantifies the location and square

footage of existing general population and special

needs public hurricane evacuation shelter space.

The plan also quantifies needed space required over

a five-year period to eliminate the deficit of safe

public hurricane shelter space.

Additionally, just so you're aware, school

districts in regions with deficits are required to

build new facilities to the Public Shelter Design

Criteria.

Florida has made significant strides in

reducing its deficit of safe hurricane shelter

space over the past 16 years. This has been

achieved through a combination of hurricane shelter

surveys, retrofitting of existing schools and

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68

public facilities, and the use of enhanced

hurricane resistant construction for new schools

and public facilities.

Statewide this has created more than

one million spaces. Fifty percent of the spaces

were created through new public schools being

designed and constructed to meet the Department of

Education's Public Shelter Design Criteria, also

known as the Enhanced Hurricane Protection Area.

Eight of our Regional Planning Council regions

can demonstrate that they have sufficient general

public -- general population space. These regions

include: West Florida; Apalachee; north central

Florida; northeast Florida; east central Florida;

Tampa Bay; Treasure Coast; and south Florida.

Thirty-six counties can also demonstrate sufficient

general population space.

For special need shelters, only one region can

currently demonstrate sufficient spaces:

South Florida. All others are shown as a deficit.

Three regions previously recognized as having

sufficient special needs shelter spaces now have

deficits: West Florida; the former Withlacoochee

region; and east central Florida. The deficits are

primarily due to significant increases in

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69

special needs shelter demand. While local

emergency managers were consulted in preparation of

the plan and several recommended higher special

needs shelter demands for 2016, there was not a

commensurate increase in designated shelter space;

therefore, regional deficits resulted.

Florida's population continues to grow, many

of whom do reside in areas vulnerable to the

effects of major hurricanes. Between 2016 and

2021, the vulnerable population of Florida is

projected to increase by over 866,000, with as many

as 8% of the vulnerable population possibly seeking

safety in public shelters.

Though much progress has been achieved, the

Division and our partners will continue to

emphasize the need to eliminate the deficit of

public hurricane shelter space. Regions that

currently have sufficient hurricane shelter space

will need to maintain their inventory.

Over time, current hurricane shelter buildings

may or will be decommissioned due to age,

obsolescence, or abandonment, remodeling or reuse

as incompatible with mass care shelter operations,

removal of deterioration of window protection

measures, and/or other similar items.

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70

There may also be changes in storm hazard maps

or models that we use to model the impact of a

hurricane that could affect their recognition as

public hurricane shelters, thus at least a

maintenance level of shelter space production will

be necessary to avoid falling back into a deficit

situation.

Governor, I now offer this plan for

consideration by you and the Cabinet.

GOVERNOR SCOTT: First, are there any

questions or comments or objections? Commissioner.

COMMISSIONER PUTNAM: Something you mentioned

at the end, and I'd been wondering about as I was

reading through this, and then you mentioned it,

are there shelters that meet all the standards but

for the fact that the maps changed and, therefore,

took them out of -- off the table as being a

designated shelter?

In other words, when the flood maps changed,

the hazard maps changed, a school or some other

public facility that otherwise was up to code was

suddenly taken off of the list of shelters, has

that happened; and if so, in how many instances?

MR. LORD: Commissioner, that does happen.

Actually it happened in both directions. As

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71

modeling improves, we get better granularity with

where the storm surge impacts, so sometimes a

facility that was in a safe location one year, the

next year, with new modeling, is found to no longer

be in a safe location to use, even though the

shelter -- even though the facility itself was

previously able to withstand the hurricane.


GOVERNOR SCOTT: Any other questions?

(NO RESPONSE).

THE COURT: Is there a motion on the item?

COMMISSIONER PUTNAM: So move.




(NO RESPONSE).


carries.

MR. LORD: Thank you.

MR. KRUSE: That concludes the Administration

Commission agenda, Governor.

GOVERNOR SCOTT: All right.

* * * *

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72

FLORIDA LAND AND WATER

ADJUDICATORY COMMISSION

EXECUTIVE DIRECTOR KRUSE: Moving, with your

permission, moving to the --

GOVERNOR SCOTT: Next we have the moving to

the Florida Land and Water Adjudicatory Commission.

MR. KRUSE: Yes, sir. Thank you.

GOVERNOR SCOTT: That's an easy word.

EXECUTIVE DIRECTOR KRUSE: Item 1 is a request

for approval of the minutes of the September 29th,

2015, meeting.






(NO RESPONSE).


carries.

MR. KRUSE: Item 2 is a request for

authorization to publish notices of rulemaking to

correct scrivener's errors contained in the legal

description of the Fiddler's Creek Community

Development District 1 and, if no request for a

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73

public hearing is received as a result of the

notices, request authorization to file for

final adoption.

The District requests authorization to correct

four errors in the boundary legal description. The

District's Board of Supervisors conducted the

public hearing and issued a report to the

Commission concluding that the amended petition

meets all statutory requirements and should be

granted.

Request approval.


item?





(NO RESPONSE).


carries.

MR. KRUSE: Item 3 is a request for

authorization to publish notices of rulemaking to

contract the boundaries of the Tampa Palms Open

Space and Transportation Community Development

District; and if no request for a public hearing is

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74

received as a result of the notices, request

authorization to file for final adoption.

The District requests contraction of a

21.59 acre parcel. This amendment was agreed to by

all parties. The DOAH Administrative Law Judge

conducted a public hearing and determined that the

petition meets all statutory requirements, and

there is no reason not to grant the District's

request.

Request approval.





GOVERNOR SCOTT: An comments or objections?

(NO RESPONSE).


carries.

GOVERNOR SCOTT: Thanks, Mark.

MR. KRUSE: Thank you. That concludes --

COMMISSIONER PUTNAM: Governor.

GOVERNOR SCOTT: Yes, sir.

COMMISSIONER PUTNAM: In the first item, you

don't have delegated authority to fix a scrivener's

error? But I'm not -- I'm never big on delegated

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75

authority, but on a scrivener's error, it seems

like somebody doesn't have to be waiting around for

this to get on a Cabinet agenda.

MR. KRUSE: Thank you, Commissioner, but our

understanding is that these things have to come

before the Commission to be resolved. Staff does

not have that type of authority at this time that

I'm aware of.

COMMISSIONER PUTNAM: Is that something we can

fix?

ATTORNEY GENERAL BONDI: I agree with you,

Commissioner. It's certainly something --

you know, several of these agenda items that are

brought before us I don't feel like necessarily we

need to deal with. I have no problem reviewing

them --

GOVERNOR SCOTT: Okay. So, Mark, why don't

you do this, why don't you come back with a

proposal? Why don't you talk to each of the

offices, and why don't you come back at the next

meeting with a proposal on what we can do?

MR. KRUSE: On this specific issue or a

number --

GOVERNOR SCOTT: Anything you think that we

might -- you know, just give us an idea of the

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things we ought to think about delegating.

COMMISSIONER PUTNAM: Keep it tight.

ATTORNEY GENERAL BONDI: And, Governor -- and,

Mark, if you wouldn't mind getting with my office,

and so we'll just make sure legally we can do that.

MR. KRUSE: We'll certainly -- we'll obviously

consult with all of the offices on the issue --

ATTORNEY GENERAL BONDI: Great, thank you.

MR. KRUSE: -- and report back at the next

meeting.

GOVERNOR SCOTT: All right. That's a good

idea, Commissioner.


GOVERNOR SCOTT: Thanks, Mark.

MR. KRUSE: Thank you, sir.

* * * *

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BOARD OF TRUSTEES OF THE

INTERNAL IMPROVEMENT TRUST FUND


Jim Karels with the Florida Forest Service.

Jim, there were some fires down in

Collier County the other day.

MR. KARELS: Yeah, it's --

GOVERNOR SCOTT: But I don't think there was

much though.

MR. KARELS: Been a little dry. We had one

yesterday up in, I think it was Columbia County,

about 250 acres. In a bad year, if it ran into one

of the deep swamps, it would be a 10,000-acre fire.

This year swamps are wet enough yet. The uplands

have gotten real dry. Yesterday was a windy kind

of nasty fire day. Great day to be outside.

GOVERNOR SCOTT: Yeah, it was really windy.

MR. KARELS: Yeah, but not for fire.

GOVERNOR SCOTT: So just south of the lake,

it's still wet, but then going west towards

Collier County it's dry?

MR. KARELS: It's drying out, yeah.

For example, the Big Cypress has one in Federal,

and it's about 10,000 acres right now. It's out in

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the middle of nowhere. It's creating some smoke

issues, but it's picked up. We got some nice

moisture last week, but May is usually the peak of

the season. May is when trees are drawing all the

moisture out, and if we're not getting rain all the

time, it doesn't really take much to really pick up

and get active.

Good morning. Good morning, Governor Scott,

General Bondi, CFO Atwater, Commissioner Putnam.

There are three items on the Board of Trustees'

agenda for today, and the first one is Adams Ranch

conservation easement, Rural and Family Lands

Protection Program.

Request consideration for, one, an option

agreement to acquire a 3,245-acre perpetual

conservation easement over lands lying within the

Adams Ranch Project of the Florida Department of

Agriculture and Consumer Services Rural and Family

Lands Program from Adams Ranch, LLC; and two,

designation of FDACS, Florida Forest Service as the

monitoring agency.

The easement is in Osceola County.

Consideration for an acquisition price of

$5,400,000. The acquisition was negotiated by

FDACS, Florida Forest Service under the Rural and

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Family Lands Program. The Adams Ranch project is

ranked in Tier 1 of the 2015 acquisition list.

Adams Ranch is a 24,490-acre ranch located

south of Lake Marion in Osceola County. The

property being conserved is a 3,245-acre portion of

the ranch. It encompasses a large area of native

dry prairie, wetland marshes, and additional equal

amounts of improved range lands. It's managed as a

low intensity cow/calf operation with cattle

ranching and sod harvesting. Harvesting of native

plant materials for landscaping, hunting, and

recreational leases are all of the current

agricultural uses and activities on this property.

The property has regular application of

prescribed fire that produces a very healthy

ecosystem and healthy ranch system with benefits to

wildlife, to cattle, to the native groundcover; and

it significantly reduces the threat to fire.

Lee Ann and Lee Adams are in the audience

today from the Adams family, and I'd also like to

have Eric Draper with Audubon Society who would

like to briefly speak on this item and I believe

all three.

Eric.

GOVERNOR SCOTT: Hi, Eric. Good morning.

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MR. DRAPER: Governor and Cabinet, I'll be

brief. I'm going to speak on all of three of the

Rural and Family Lands items here today: The Adams

Ranch item, the Camp Lonesome Ranch, and JB Ranch.

Two of these are in the northern Everglades

area, which is one of our highest priorities in the

organization, trying to preserve the -- conserve

the land up there; and of course, one of the best

ways of doing that is working with the ranchers who

have done such a good job over the years of

maintaining both habitat and economically

productive activity in terms of cattle ranching.

so we'd encourage those two northern Everglades

projects.

The other one, the JB Ranch, is really one of

the most important parcels in eastern

Collier County where the ranching community there

has done such a good job of taking care of the

habit for the Florida panther. So literally,

private land owners are managing the habitat for

the panther, and this is a way, with the JB Ranch

extending the full purchase price for this

conservation easement through the Rural and Family

Lands Program, to go ahead and work with that

family rancher to make sure that that habitat is

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maintained. Private land but good conservation

land for the State of Florida solves two problems.

Thank you very much. We urge your approval of

all three of these projects.

GOVERNOR SCOTT: Thank you, Eric.

MR. KARELS: Thank you, Eric.

Staff recommends approval of this item.


item?





(NO RESPONSE).


carries.

MR. KARELS: Item Number 2, Camp Lonesome

Range conservation easement, Rural and Family Lands

Protection Program. Request consideration of, one,

an option agreement to acquire a 528-acre perpetual

conservation easement over lands lying within the

Camp Lonesome project of the Florida Department of

Agriculture and Consumer Services Rural and Family

Lands Program from Venture Four, LLC; and two,

designation of FDACS, Florida Forest Service as the

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monitoring agency.

Again, this item is located in Osceola County.

Consideration for an acquisition price of

$1,188,000. This acquisition was negotiated by

FDACS, Florida Forest Service; and if approved,

this will be the 24th perpetual conservation

easement proposed for acquisition, with a total of

18,378 acres preserved under this program.

The Camp Lonesome project is ranked in the

Tier 1 of the 2015 acquisition list. Camp Lonesome

is located in central Osceola County, northeast of

the Florida Turnpike and about 15 miles south of

St. Cloud. It's a 4,630-acre ranch, which is

managed as a cow/calf operation with a focus on

maintaining landscape-sized ecosystem

functionality.

The primary ranch area was successfully

operated by the Irlo Bronson family for over

50 years and is now owned by Carlos Begerra of

Venture Four, LLC. Carlos and Martina Begerra are

in the audience today as well.

This conservation easement consists of

528 acres of natural habitat, including native

flatwoods, palmetto dry prairies, and interspersed

with a large cypress swamp and smaller marshes.

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The native range and pastures are managed with

routine use of prescribed fire and have become a

very healthy ecosystem.

Staff recommends approval of this agenda item.


item?





(NO RESPONSE).


carries.

MR. KARELS: And the final item is JB Ranch

Conservation Easement update under the Rural and

Family Lands Program.

COMMISSIONER PUTNAM: Jim, I'll take this one.

MR. KARELS: Okay.

COMMISSIONER PUTNAM: Governor and Cabinet,

I'll take this one. This one is not a scrivener's

error. This is something that I'm very frustrated

about, and I'm embarrassed to have to bring it back

to the Cabinet.

The Cabinet previously approved $3.75 million

for the easement purchase of JB Ranch in

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84

Collier County, which included a million and a half

dollar contribution from the NRCS, so this was a

joint purchase. And it received approval from NRCS

local, NRCS state, NRCS Atlanta, and Washington.

So we're all at the alter.

At closing they changed staff in Washington

and pulled the rug out from under us and decided

that they were not going to contribute. So in the

category of something that's not a scrivener's

error, we are back to inform you that our partner

pulled out, that we still believe it to be a

worthwhile purchase; and the item before you is to

request authorization to conclude this deal, which

will require an additional million and a half

contribution from the State.

CFO ATWATER: So move.

GOVERNOR SCOTT: So, Commissioner, I have a

question. So in the future of these, if when we

have a Federal partner, can we approve these

whether the Federal partner puts up their money or

not, or should we?

COMMISSIONER PUTNAM: Well, that's a great --

that's a great point. We are working with our

Federal partners to avoid this problem in the

future. It has happened twice. We will -- I will

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85

be very up front with everyone when we bring

another item that has Federal contributions, and I

guess we'll have to take it on a case-by-case

basis.

GOVERNOR SCOTT: All right. We have a motion,

we have a second.

Any comments or objections?

(NO RESPONSE).


carries.

Thank you.

MR. KARELS: That concludes our items.

Thank you.

GOVERNOR SCOTT: Thanks, Jim.

* * * *

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DIVISION OF BOND FINANCE

GOVERNOR SCOTT: Next I would like to

recognize Ben Watkins with the Division of

Bond Finance.

DIRECTOR WATKINS: Good morning, Governor,

CFO, Commissioner, and General Bondi.

Item Number 1 is approval of the minutes of

the March 29th meeting.


item?





(NO RESPONSE).


carries.

DIRECTOR WATKINS: Item 2A through C are

reports of award on bond sales. 2A is a

competitive sale of 113.3 million of Turnpike

Refunding Bonds. The Bonds were awarded to the low

bidder at a true interest cost rate of 1.98%. That

allowed us to reduce interest rates from 4.11% to

1.98%; generating gross debt service savings of

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17.2 million, present value savings of

15.2 million, or 12.1% of the principal amount of

the bonds being refunded.

2B is a report on the competitive sale of

$165.8 million of Right-of-Way Refunding Bonds.

The bonds were awarded to the true bidder at a true

interest cost of 2.40%, which allowed us to reduce

the interest rate on outstanding bonds from 4.83%

to 2.40%. And it's expected to generate gross debt

service savings of 46.3 million, present value

savings of 35.8 million, or 19.6% of the principal

amount of the bonds being refunded.

And lastly, Item 2C is a report on the

competitive sale of $192.1 million of PECO

Refunding Bonds. The bonds were sold at

competitive sale and awarded to the true bidder at

a true interest cost of 2.63%. That allowed us to

reduce current interest rates of 5% to 2.63%. It's

expected to generate gross debt service savings of

55 million, present value savings of 49.9 million,

or 20.5% of the principal amount of the bonds being

refused.

So this to date, Governor and Cabinet, we've

executed 12 refunding transactions in the current

fiscal year with an aggregate principal amount of

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$2.6 billion, generating gross debt service savings

of $530 million, or $306 million on a present value

basis.

We continue to enjoy very favorable market

conditions. The monetary policy and interest rate

environment has been -- in the muni space has been

extraordinarily beneficial. We've had 31 weeks of

inflows into the muni space for money to be

invested, coupled with limited supply. So the

dynamic -- the Goldilocks' dynamics continue to be

favorable, so I hope that it holds.

And as long as it does, we'll continue to

aggressively pursue refinancing opportunities,

which is by way of introduction of introducing the

next item, which is resolutions authorizing the

issuance and competitive sale of $540 million in

PECO Refunding Bonds for debt service savings.


item?





(NO RESPONSE).


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89

carries.

DIRECTOR WATKINS: Item 4 is a resolution

authorizing the issuance and competitive sale of

Florida Forever Refunding Bonds of $210 million for

debt service savings.


item?





(NO RESPONSE).


carries.

DIRECTOR WATKINS: Item 5 is a mixed issuance

of both new money and refunding. It is for

resolutions authorizing the issuance and

competitive sale of $250 million in Turnpike

Revenue Bonds, those are new money bonds; and

175 million for Turnpike Revenue Refunding Bonds

for debt service savings.


item?



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(NO RESPONSE).


carries.

DIRECTOR WATKINS: Item 6 is a resolution

authorizing the competitive sale of a hundred

million dollars in right-of-way bonds for the

Department of Transportation.


item?





(NO RESPONSE).


carries.

DIRECTOR WATKINS: Thank you.

Lastly, Governor, is our budget for the

'16/'17 fiscal year. Our current year budget --

our budget is primarily based on transaction costs

associated with deal execution.

In the current year, we had 20 transactions

budgeted for. And what we do is budget a maximum

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91

amount that we can conceivably get to in any fiscal

year. So it's up-sized by design, but we only

spend what is absolutely necessary to execute.

And so for next fiscal year, we are budgeting

for 23 transactions, which by number of

transactions is 15% greater than the current --

than is budgeted in the current year.

And so our budget request reflects those

increased transaction costs associated with that of

some $750,000 or 16% increase.

And we've also embedded with it, if we should

be so fortunate to earn it, a separate line item

for incentive comp if we're able to generate

refunding savings for the State.

And with that, present the budget.


on the budget?

CFO ATWATER: So move.




(NO RESPONSE).

COMMISSIONER PUTNAM: Hurry.

GOVERNOR SCOTT: Okay. Hearing none, the

motion carries.

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DIRECTOR WATKINS: Thank you, sir.

* * * *

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UNIVERSITY OF NORTH FLORIDA PRESENTATION

DIRECTOR WATKINS: Lastly, by what has -- an

unfortunate set of circumstances, which is the next

item just for your information. It is a rating

downgrade for the University of North Florida.

Just by way of background so that everybody

has a framework for thinking about this, university

financings require review and approval by the Board

of Governors, all university financings. But they

can be executed by either coming to this Board and

getting authorization from the Governor and the

Cabinet to execute and borrow, or by going to the

university Direct Support Organization, which is a

conduit issuer for the universities. So all don't

come to this Board, but a number of them do.

What we do -- we are required under the

securities laws rule, SEC Rule 15C-212 provide

continuing information to the marketplace on any

bond issue that we execute. So what that means is

the information provided in the offering document

for any particular bond issue has to be updated

once a year. And we perform that function for all

of the credits we manage, both within the state

proper as well as all of the university credits we

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94

execute for housing, parking, student services,

et cetera.

Also embedded within that rule is a

requirement if one of ten events occur, it requires

a notice be filed with Municipal Securities

Rulemaking Board regarding that event, and we call

them the 11 deadly sins because they're all bad

events that the market needs notice of. One of

those is a rating downgrade.

So we were not notified of the downgrade.

In fact, we weren't even aware that the University

of North Florida was being surveilled by the rating

agencies, and so the University has debt

outstanding that it issued through its DSO, as well

as debt outstanding issued through the Division of

Bond Finance.

So the rating downgrade triggered a

requirement that we file within ten business days a

notice with the EMMA system, which is like the

EDGAR system for the muni market of the rating

downgrade.

But since we weren't notified by the

University within a sufficient period, within the

ten-business-day requirement, we've been -- we were

late. And that's just a fact that will need to be

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95

disclosed in every subsequent bond issue that we

execute on behalf of the Board of Governors for the

next five years to notice the marketplace that we

haven't provided the information that we had agreed

to provide under the SEC's rule.

In response to all of that, we've taken

corrective action. We've been managing this as

best we could. The corrective action was in the

form of a letter from Chancellor Criser to the

universities instructing them that any time there's

interaction with the rating agency, we need to be

notified, we as in the Board of Governors' staff.

The Board of Governors needs to be notified

that there's rating agency interaction occurring,

as well as the Division of Bond Finance. So that

we've now learned from an unfortunate experience

how things need to change on a go-forward basis so

at least we're aware of the fact that a university

is being reviewed by the rating agency so that we

are cognizant that there is a potential change in

ratings.

And just by further way of background, the

landscape has changed with respect to the rating

agencies. They are now a regulated entity post

Dodd-Frank, and they've gotten a lot more diligent

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96

in their surveillance, which means that they need a

-- they have to review all of the credits that they

have outstanding annually.

So we can expect an annual review for all

12 universities. I've notified the rating agency

of the change in protocol that requires them to

notify us and work through us and to set up a more

orderly and systematic way for reviewing the

university credits so that we can be actively

involved in that.

So that's sort of the chain of events that has

occurred, and -- but probably more troubling is

substance rather than the notice of downgrade and

the late filing. That's indicative of a deeper

issue, I think, Governor; and that is, we need

better communication, coordination, and

collaboration between the universities and our

office so that we can bring our resources to bear

and effectively manage the State's debt from a

holistic perspective and avoid these situations

going forward, and there wasn't that communication.

We didn't even know that they were being surveilled

from a ratings perspective.

So that's the bigger issue, and that's my take

on it.

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GOVERNOR SCOTT: So why would a university go

to the DSO rather than come to the Cabinet,

Governor and Cabinet?

DIRECTOR WATKINS: You know, you'll have to

ask them that, Governor. But presumably it's to

avoid an extra step or -- there are some DSOs,

in fairness, there are some DSOs that I'll call

legitimate DSOs that have a real business

enterprise that preexisted our rewriting of the

laws a decade ago; and that is, an example,

Shands University Hospital, Moffitt Cancer Center.

They have real enterprises, real businesses that

they're running. And the way the institutional

framework is set up, they're delegated that

authority. I would call that a legitimate DSO.

But there had been DSOs set up as conduit

issuers that really had no function except to avoid

the step of coming to the Governor and Cabinet for

review and approval. And as we're all aware,

there's been a change -- also a change in the

landscape because of your policies requiring a more

rigorous scrutiny and justification whenever debt

is used.

And so the deficiency, if there is one that

exists in the current framework, is it doesn't come

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to this Board for that review and approval. That

is done -- we are involved in reviewing and

analyzing credits and presenting those to the

Board of Governors, but it doesn't come to you for

your review.

GOVERNOR SCOTT: So if a university has a

downgrade, that impacts all their bonds?

DIRECTOR WATKINS: Yes, normally it does.

GOVERNOR SCOTT: Okay. And how it will

impact -- so if one university has a downgrade,

does it impact other universities' bond ratings?

DIRECTOR WATKINS: It will not because the

credit analysis is university centric.

GOVERNOR SCOTT: But if Florida is known for

having universities that have a bad credit rating,

that doesn't have an impact on another

university --

DIRECTOR WATKINS: I would say it colors

judgment in the marketplace.

GOVERNOR SCOTT: Right.

DIRECTOR WATKINS: Or potentially does. Then

that would be my goal, is not to have that happen.


DIRECTOR WATKINS: And maintaining our

reputation in the credit markets for being

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completely transparent in providing information

whenever is needed and necessary.

GOVERNOR SCOTT: Does anybody have any

questions for Ben?

CFO ATWATER: Governor.

Ben, when did the use of DSOs begin? How many

universities are utilizing a DSO? How many DSO

fundings have taken place?

DIRECTOR WATKINS: You know, I'll have to come

back to you on that, CFO Atwater. We're doing the

deep dive in that now to give you a sense of order

of magnitude, but I would say it's -- it is the --

you know, gosh, this is going back many years ago,

but it -- I would say half of the university

debt -- this is a rough cut -- probably half of

university debt has been executed through your

DSOs.

CFO ATWATER: Would most --

DIRECTOR WATKINS: And many of the

universities have them, but not all.

CFO ATWATER: Okay.

GOVERNOR SCOTT: All right. Commissioner, do

you have questions?

COMMISSIONER PUTNAM: I do.

How does the disclaimer that we were tardy in

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100

reporting the downgrade color the judgment of --

how does that impact other universities within the

system as they go out there and they now have this

asterisk at the bottom of their bonding papers?

DIRECTOR WATKINS: It potentially creates an

adverse impact, but I believe because of our active

participation in the market and the centralized

debt management function that we play for the

State, then that will be limited and viewed by the

marketplace as a one off.

We've done hundreds of these filings, I mean

that's our job, right? I mean that's one of my

performance metrics is comply with the securities

laws because you don't -- you really don't want to

tread over that line. And we have to file annually

on every credit we file, and we have to maintain --

any time there is a material event, we have to file

on that, too.

So we've filed hundreds of these and had a

perfect score until this unfortunate incident. But

I don't think that that's going to bleed over and

color the judgment of analysts and investors

because of the reputation we've created away from

this, that it will be viewed as an isolated

incident.

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101

COMMISSIONER PUTNAM: So Chancellor Criser

responded with a new policy on notifying you

whenever any university is being in conversations

with or being visited by the bonding agencies.

That's the summary of the new policy, right?

DIRECTOR WATKINS: Yes, sir.

COMMISSIONER PUTNAM: So had that been in

place, would that have prevented us being late

reporting; or were they there to review

DSO bonding, and then at the last minute threw in

the State-issued debt?

DIRECTOR WATKINS: So it absolutely would fix

the problem on the timing because we would be aware

of, and we've done this -- the rating agencies have

been instructed always to notify us, to let us

know; and whether they've notified us or not, we've

always found out through back channels or echos of

something that was going on and were able to stick

our nose in it; but now that has been formalized in

a way that somebody is dropping the ball if it's

not happening.

In other words, there's -- it's explicitly

required now, and I've put the rating agencies on

notice via the Chancellor's letter about the change

in protocols and in working with them so that we

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102

don't have that issue again.

With respect to the change in the outcome of

the rating analysis, was that the second part of

your question?

(COMMISSIONER PUTNAM NODDED HEAD

AFFIRMATIVELY).

DIRECTOR WATKINS: I can't sit here and say

that, you know, we could have changed the outcome.

It would have given us an opportunity to wade in,

and the throwing in at the last minute is -- and

this is probably -- so I mentioned the evolving

landscape of rating process and the rating agencies

and the way they conduct themselves.

So for example, S&P just in January published

new metrics, new quantitative metrics on how they

were going to evaluate higher ed. So the

university, if they thought that they were just

evaluating one credit, that probably is an

indication of the lack of experience in interacting

with the rating agencies; because when the rating

agencies come, they normally evaluate all credits.

And now we've formalized that and said, you will

evaluate all credits when you make a stop at a

university.

So it's just because of the seat that we sit

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103

in and the flow of deals that we are responsible

for that we can stay concurrent with all changing

environment and requirements of the rating agencies

and what they expect of the issuer community.

COMMISSIONER PUTNAM: So I walked in today

thinking that we've got two issues as it relates to

this matter: We've got the circumstances that led

to a downgrade. And I know that President Delaney

wants to speak to that, and that's an important

part of the conversation: What caused the

downgrade.

The second issue is the lack of notice of the

downgrade, the email that sat in somebody's inbox

for too long and then got forwarded to the wrong

person where it sat in someone's inbox for too

long, and it means that we've now got this kind

black mark on all of the BOG's future bonding for

the next five years, which it sounds like the

Chancellor has moved swiftly to create a policy to

prevent that from happening in the future.

But you've raised a third issue, which is a

policy call of what the proper role is for DSOs in

issuing bond -- in going directly to the markets

issuing debt rather than working through a central

state agency in the form of Bond Finance.

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104

And in branding, I mean, whether you intended

to or not -- and I think you speak fairly

deliberately -- some as legitimate and the

implication of those which are not, you know, that

raises some pretty serious issues that I think

merit further exploration in terms of who has a --

the expertise, the sophistication, the compliance,

and regulatory abilities to operate in a very

complicated new-world order of the regulation of

finance and debt by public institutions and others,

and those which are, what did you -- conduit

issuers, which raises a different category.

So, you know, I think we've got three things

here: The breakdown that led to notice being made

late; the circumstances of the actual downgrade;

and a very much bigger conversation that I think

that this needs to be the beginning of, certainly

not the end of, between this Board and the Board of

Governors about what the right way forward is from

a policy standpoint.

DIRECTOR WATKINS: I think that's absolutely

accurate. I didn't intend to raise the DSO issue,

but I think it is -- I think the Governor raised

it, not me, but -- so I won't take credit for it.

But it is absolutely front and center, one of the

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105

things that needs to be thought through.


GOVERNOR SCOTT: Any other questions for

Ben Watkins?

ATTORNEY GENERAL BONDI: No, I don't know if

the Chancellor is going to speak. But, Chancellor,

thank you for laying it out and making it crystal

clear.

GOVERNOR SCOTT: All right. Thank you, Ben.

DIRECTOR WATKINS: And I believe

President Delaney is here if he'd like to say

something.

GOVERNOR SCOTT: Sure.

DIRECTOR WATKINS: I don't mean to foreclose

an opportunity.

GOVERNOR SCOTT: Good afternoon.

PRESIDENT DELANEY: Good afternoon, Governor.

Thanks for the invitation, and appreciate all the

hard work that you all do.

Commissioner Putnam, you said

President Delaney may like to speak. I'd actually

prefer not to even be here, but I'm happy to get

there.

Just a couple of clarifications. S&P was

reviewing two DSO bonds and not the State bond. On

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106

the last day, they issued a report that implicated

the State's bond. They did a downgrade to an

A minus, which is pretty consistent with other

universities. In other words, our bonds are

slightly higher than the ones we pulled off the SEC

page.

I've got an article that I'll hand out that

said S&P has done a significant number of

downgrades over the past year, three times as many

downgrades for universities than increases. There

are a couple of reasons: One was the change in the

criteria that Ben mentioned. The other was a

slight, couple hundred enrollment drop over the

last couple of years, which is also a national

trend. We haven't lowered our admission standards,

which is something that the report did compliment.

We disclosed to the SEC the downgrade on the

two UNF bonds. We emailed on the 8th day the SBA.

For some reason, we did not copy Ben Watkins. And

that's our fault for sending it on Day 8, as

opposed to 1.

So when did we know that they were going to

review the State bond? On the day of the report.

When should we have known? We should have known

the day before. They requested some numbers, but

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107

they had indicated -- they had given no indication

that they planned a report on that project.

And when should we have notified? It should

have been done the day that we got the report.

We do not do a lot of debt. The last couple

of projects -- or two of the last projects we've

done with cash. This is a six-year-old issue, and

Ben and the Board of Governors have come up with

some new processes I think that will fix it.

GOVERNOR SCOTT: Why did they down -- what

their -- they downgraded you because your --

PRESIDENT DELANEY: New guidelines. It's like

changing, you know, where you do the kickoff from

at a football game, an enrollment drop. They also

went back to the date of the recession and noted

that we still have taken some time to recover

university funding, but they noted positively the

increase in performance-based funding. They

indicated they think that that would be a

turnaround.

So if we get enrollment up in the next couple

of years, with the way the funding is moving, we

think we can get the former score back.

GOVERNOR SCOTT: But your overall revenues

have continued to grow even with fewer students,

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108

right?

PRESIDENT DELANEY: Correct. That's correct.

GOVERNOR SCOTT: So then why would you -- if

that's -- if your revenues are growing with fewer

students, wouldn't your cost structure be less?

PRESIDENT DELANEY: Well, some of what -- they

break it out a little bit differently, and they

looked at the operational funding. So they carve

out PO&M, they carve out retirement and health, and

take a look at the baseline funding to fund

operations. It's their analysis.

GOVERNOR SCOTT: So even though your overall

revenues are continuing to grow, they said that you

were in a worse financial position?

PRESIDENT DELANEY: I don't know if I'd call

it worse financial position, but it was a concern.

They call it stable, so I think we're turning the

corner.

GOVERNOR SCOTT: So what do you have to do to

move back up?

PRESIDENT DELANEY: Add some enrollment -- add

some enrollment and hopefully budgetary increases

to make them more comfortable.

GOVERNOR SCOTT: So is their issue your

operating income?

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109

PRESIDENT DELANEY: The issue is their view of

operating income, correct. That was one of their

issues. Enrollment I think is what triggered it.

GOVERNOR SCOTT: So is your operating income

growing or going down, overall?

PRESIDENT DELANEY: Growing slightly since the

recession. If you use the baseline of '08, it's

picked up the last few years with performance

funding.

GOVERNOR SCOTT: All right. Yeah, because I

think we -- I mean both recurring and performance

funding are growing pretty rapidly. I mean we have

$500 million of performance funding now.

PRESIDENT DELANEY: Correct.

GOVERNOR SCOTT: So what would cause -- what

will cause operating income to continue to grow

faster than -- it sounds like operating income must

be growing faster than your revenues are growing --

I mean operating expenses are growing faster than

your revenues are growing.

PRESIDENT DELANEY: Well, we've been cutting.

We have been cutting and using some reserves to

patch the thing together.

GOVERNOR SCOTT: So why do you -- do you know

why do you or why do other universities use a DSO

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110

rather than coming to the Cabinet?

PRESIDENT DELANEY: Yeah, my suggestion would

be to get the CFOs from the university. I think

it's just happenstance. It's speed, it's timing.

I will say that the Board of Governors is no

simpler to go through the review. They're pretty

scrupulous as well.

GOVERNOR SCOTT: Did anybody else have any

questions?

Commissioner.

COMMISSIONER PUTNAM: I appreciate you being

here and your thoughts moving forward, and it does

sound like this is the beginning of a conversation

about how to proceed; and we certainly look forward

to your input on that.

PRESIDENT DELANEY: Sure, thank you very much.

COMMISSIONER PUTNAM: Thank you,

Mr. President.

GOVERNOR SCOTT: The --

CFO ATWATER: Governor, might I just add --

go ahead.

GOVERNOR SCOTT: So you're comfortable that

the communication side is all fixed?

PRESIDENT DELANEY: Yeah, if we hear anything

from a rating agency, we're going to be in touch

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111

with Director Watkins.


ATTORNEY GENERAL BONDI: And, Governor, I met

with President Delaney this morning regarding our

concerns, and he assured me it has been fixed going

forward.

GOVERNOR SCOTT: Okay. Thanks.

CFO.


Well, let me just add, Mr. President, that I

appreciated, when we had the conversation, the care

that you've given this, the time that you had spent

trying to do the postmortem on when the

communications began, when people were learning

what they were learning, and with just the kind of

care I expected you to bring to it, so I appreciate

that.

PRESIDENT DELANEY: Thank you.

CFO ATWATER: Governor, I do think -- and the

conversation has been valuable, that I think we

should really take the time to visit with -- and

I'm sure the Chancellor -- the Board of Governors

on the usage of the DSOs.

I -- you know, from Mr. Watkins, and we've

heard from the President of one of our

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112

universities. This idea that someone is supposed

to pick up the phone and call so and so, that the

agencies are supposed to tell us, we can't hold --

we can't assume that they're going to actually do

that.

I mean I think it's time that we bring in a

real consistency to how this is operating. And if

we believe after that assessment that a DSO makes

sense on a specific enterprise, that we make that

clear that that's how we would -- we can see this

operating in the future.

Other than that, there should be one clear

process and one way that we're going to place debt

upon the burden of any institution or on the

taxpayers of Florida.

GOVERNOR SCOTT: Any other questions?

COMMISSIONER PUTNAM: I would just point out,

I have a list of all of the bond ratings from each

of the three rating agencies for the universities,

and they're all variations on A. So I mean I don't

want to besmirch all of the DSOs, but I do think

that this is a helpful start to the conversation

about how we proceed, because post Dodd-Frank, it's

a whole new world out there.

And as the CFO said, the idea of us counting

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113

on the rating agency to call the right person is

relying on the wrong person to keep ourselves out

of trouble.

PRESIDENT DELANEY: We should have followed up

when we didn't get a response from the email.

That's on us.

GOVERNOR SCOTT: All right. Thank you,

President Delaney.

ATTORNEY GENERAL BONDI: Thanks, President.

GOVERNOR SCOTT: So, Ben, I think what we --

see if everybody is in agreement on this. What we

would like you to come back with is a -- talk to

the Board of Governors, but come back with a

recommendation about how you think we ought to go

forward and if there are any legislative fixes that

we need to have.

DIRECTOR WATKINS: Okay.

GOVERNOR SCOTT: So if that's all right with

everybody, we'll do that at the next Cabinet

meeting.

DIRECTOR WATKINS: Very good. Thank you.

GOVERNOR SCOTT: Thank you.

* * * *

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114

STATE BOARD OF ADMINISTRATION


Ash Williams with the State Board of

Administration.

EXECUTIVE DIRECTOR WILLIAMS: Governor and

Cabinet members.

GOVERNOR SCOTT: On the minutes -- I'll

go ahead and do the first part. The minutes of

January 21 and March 2nd, 2016, is there a motion?





(NO RESPONSE).


carries.

EXECUTIVE DIRECTOR WILLIAMS: Thank you.

Item 2 is a fiscal sufficiency not exceeding a

billion dollars, State of Florida full faith and

credit Department of Transportation right-of-way

acquisition and bridge construction bonds.

Request approval, please.



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115




(NO RESPONSE).


carries.


Item 3 is the fiscal sufficiency in an amount

not exceeding $540 million, State of Florida full

faith and credit Board of Education public

education capital outlay refunding bonds.


item?





(NO RESPONSE).


carries.


Item 4 is approval of a fiscal sufficiency in

an amount not exceeding $210 million, Florida

Department of Environmental Protection Florida

Forever Revenue Refunding Bonds.

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116


item?





(NO RESPONSE).


carries.


Item 5 is approval of a fiscal sufficiency of

an amount not exceeding $175 million, Florida

Department of Transportation Turnpike Revenue

Refunding Bonds.


item?





(NO RESPONSE).


carries.


GOVERNOR SCOTT: Let's go ahead -- we know

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117

it's -- we're going to do 6, 7, 8, 9 -- is there a

motion on those three (sic)?





(NO RESPONSE).


carries. We did 6, 7, 8, and 9. We're on Item 10.

EXECUTIVE DIRECTOR WILLIAMS: Actually Item 10

is the corporate governance guidelines.

GOVERNOR SCOTT: Right.

EXECUTIVE DIRECTOR WILLIAMS: So Item 10,

request approval of the State Board of

Administration's corporate governance principles

and voting guidelines.

These have been reviewed and approved

unanimously by the Investment Advisory Council in

public meetings. There are no substantive changes

from our guidelines from the prior year.


on the item?




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118


(NO RESPONSE).


carries.


Item 11, request approval of a draft letter to

the Joint Legislative Auditing Committee affirming

that the SBA Trustees have reviewed and approved

the monthly Florida Prime and other summary reports

and actions taken, if any, to address material

impacts. There were no material impacts.


item?





(NO RESPONSE).


carries.

The budget.


Item 12 is the SBA's budget, which has

embedded in it also budgets for the Florida

Hurricane Catastrophe Fund; the Florida Retirement

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119

System Investment Plan; Division of Bond Finance,

which I believe Ben already covered; and the

Florida Prepaid College Board. All of these

entities are operating within their existing

finances and show either slight decreases or flat

or have modest increases.

I'd be happy to answer any questions you may

have.

GOVERNOR SCOTT: All right. Any questions or

comments on it?

(NO RESPONSE).





GOVERNOR SCOTT: No comments or objections?

(NO RESPONSE).


carries.

EXECUTIVE DIRECTOR WILLIAMS: Thank you very

much.

GOVERNOR SCOTT: Thank you, Ash.

This adjourns our meeting.

Our next meeting is August 2 in the great

city of Tallahassee.

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120

(WHEREUPON, THE MEETING WAS ADJOURNED).

* * * *

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121

CERTIFICATE

STATE OF FLORIDA )COUNTY OF LEON )

I, NANCY S. METZKE, RPR, FPR, certify that Iwas authorized to and did stenographically report theforegoing proceedings and that the transcript is a trueand complete record of my stenographic notes.

DATED this 19th day of May, 2016.

_________________________

NANCY S. METZKE, RPR, FPRCourt Reporter

$

$1,000 [1] - 37:3

$1,188,000 [1] - 82:4

$175 [1] - 116:12

$210 [2] - 89:4, 115:23

$250 [1] - 89:18

$3.75 [1] - 83:24

$306 [1] - 88:2

$5,400,000 [1] - 78:24

$500 [1] - 109:13

$530 [1] - 88:2

$540 [2] - 88:16, 115:9

$750,000 [1] - 91:10

'

'08 [1] - 109:7

'16/'17 [1] - 90:21

1

1 [9] - 54:21, 64:16, 66:6,

72:10, 72:25, 79:2, 82:10,

86:8, 106:21

1.98% [2] - 86:23, 86:25

10 [7] - 1:13, 2:5, 43:15,

45:2, 117:9, 117:10, 117:13

10% [1] - 43:13

10,000 [2] - 12:17, 77:25

10,000-acre [1] - 77:14

10th [1] - 3:5

11 [3] - 32:13, 94:7, 118:6

113.3 [1] - 86:21

114 [1] - 2:21

12 [3] - 87:24, 96:5, 118:23

12.1% [1] - 87:2

12D-16.002 [1] - 64:12

12D-9 [1] - 64:12

130 [2] - 26:22, 27:9

14 [1] - 32:15

140 [2] - 26:22, 27:9

142 [1] - 35:19

15 [1] - 82:12

15% [1] - 91:6

15.2 [1] - 87:2

15A-5.011 [2] - 26:13, 26:18

15A-7.012 [1] - 28:6

15C-212 [1] - 93:18

16 [1] - 67:23

16% [1] - 91:10

165.8 [1] - 87:5

17.2 [1] - 87:1

175 [1] - 89:20

18 [1] - 2:6

18,378 [1] - 82:8

19.6% [1] - 87:11

192.1 [1] - 87:14

19th [1] - 121:7

1st [1] - 59:7

2

2 [6] - 64:16, 66:18, 72:21,

81:17, 114:19, 119:24

2.40% [2] - 87:7, 87:9

2.6 [1] - 88:1

2.63% [2] - 87:17, 87:18

20 [12] - 5:2, 5:4, 10:15,

11:1, 12:13, 15:19, 16:7,

18:15, 18:25, 32:6, 35:18,

90:24

20,000 [1] - 55:12

20.5% [1] - 87:21

200 [1] - 35:14

2013-109 [1] - 64:18

2014 [2] - 38:17, 40:13

2014/'15 [1] - 35:16

2015 [8] - 31:21, 36:15,

36:25, 55:6, 55:10, 72:12,

79:2, 82:10

2015-115 [1] - 64:17

2015/2016 [1] - 62:4

2016 [11] - 1:13, 55:15,

61:16, 66:8, 66:19, 67:5,

67:6, 69:4, 69:9, 114:10,

121:7

2021 [1] - 69:10

21 [2] - 32:12, 114:10

21.59 [1] - 74:4

23 [1] - 91:5

24,490-acre [1] - 79:3

24th [1] - 82:6

25 [3] - 2:8, 65:8, 65:10

250 [1] - 77:13

29th [4] - 27:19, 66:8,

72:11, 86:9

2A [2] - 86:19, 86:20

2B [1] - 87:4

2C [1] - 87:13

2nd [2] - 61:16, 114:10

3

3 [3] - 46:9, 73:21, 115:8

3,245-acre [2] - 78:15, 79:5

3.43 [1] - 45:23

3.65 [1] - 46:1

3.75 [1] - 31:11

30 [5] - 2:10, 22:15, 34:8,

35:18, 40:20

30-minute [1] - 21:2

3093 [1] - 1:22

31 [2] - 35:17, 88:7

32 [1] - 32:9

32315-3093 [1] - 1:23

35.8 [1] - 87:11

3rd [1] - 36:25

4

4 [4] - 2:4, 28:4, 89:2,

115:22

4,630-acre [1] - 82:13

4.11% [1] - 86:24

4.35 [2] - 46:11, 46:13

4.48 [1] - 54:12

4.75 [1] - 46:17

4.83% [1] - 87:8

40-year-old [1] - 13:9

410,000 [1] - 52:11

46.3 [1] - 87:10

49.9 [1] - 87:20

5

5 [7] - 31:12, 42:17, 43:4,

43:11, 44:23, 89:15, 116:11

5% [3] - 43:12, 43:16, 87:18

5,000 [1] - 12:18

50 [1] - 82:19

528 [1] - 82:23

528-acre [1] - 81:20

54 [1] - 32:6

55 [1] - 87:20

55% [1] - 55:10

58 [1] - 2:7

6

6 [8] - 31:24, 32:3, 43:7,

43:11, 44:23, 90:6, 117:1,

117:9

60% [1] - 32:7

61 [1] - 2:11

62,000 [2] - 31:20, 34:1

66 [1] - 2:13

697-8314 [1] - 1:23

697-8715 [1] - 1:23

7

7 [2] - 117:1, 117:9

70% [1] - 41:12

72 [1] - 2:15

750,000 [1] - 52:21

76-year-old [1] - 13:10

77 [1] - 2:17

8

8 [6] - 31:25, 32:10, 64:18,

106:20, 117:1, 117:9

8% [2] - 32:13, 69:12

850 [2] - 1:23

86 [1] - 2:18

866,000 [1] - 69:11

8th [2] - 25:11, 106:18


1

9

9 [4] - 43:14, 45:2, 117:1,

117:9

93 [1] - 2:20

99.9% [1] - 8:13

A

abandonment [1] - 69:22

abilities [1] - 104:8

ability [3] - 16:8, 40:23,

41:22

able [7] - 5:21, 8:11, 41:4,

49:19, 71:7, 91:13, 101:18

absolute [1] - 34:25

absolutely [8] - 20:20,

21:18, 45:16, 50:24, 91:3,

101:12, 104:21, 104:25

abuse [1] - 56:9

Academy [1] - 19:23

accept [5] - 26:1, 46:24,

53:24, 62:6, 63:9

acceptable [2] - 26:21, 65:9

acceptably [1] - 65:10

accident [1] - 6:23

accommodate [1] - 36:23

accomplished [1] - 31:4

according [1] - 40:17

accounting [2] - 39:22,

40:6

accurate [1] - 104:22

achieve [2] - 32:24, 42:12

achieved [3] - 32:22, 67:24,

69:14

achieving [1] - 31:10

acquire [2] - 78:15, 81:20

acquisition [8] - 78:23,

78:24, 79:2, 82:3, 82:4, 82:7,

82:10, 114:22

acre [1] - 74:4

acres [4] - 77:13, 77:25,

82:8, 82:23

Act [1] - 37:18

action [4] - 7:4, 57:2, 95:7,

95:8

actions [2] - 7:5, 118:10

active [2] - 78:7, 100:6

actively [1] - 96:9

activities [2] - 36:7, 79:13

activity [2] - 35:12, 80:12

actual [1] - 104:15

ADAM [1] - 1:11

Adams [8] - 78:11, 78:17,

78:19, 79:1, 79:3, 79:19,

79:20, 80:3

add [9] - 23:2, 23:6, 43:13,

43:14, 57:10, 108:21,

110:20, 111:10

adding [3] - 43:18, 53:6,

53:13

addition [1] - 23:7

additional [5] - 41:17,

41:25, 64:1, 79:7, 84:14

additionally [7] - 37:20,

38:8, 40:5, 40:12, 41:14,

43:7, 67:17

address [7] - 30:16, 33:8,

38:12, 41:4, 51:4, 66:22,

118:10

adhere [1] - 28:7

ADJOURNED) [1] - 120:1

adjourns [1] - 119:23

adjudication [1] - 14:17

Adjudicatory [2] - 2:14,

72:7

ADJUDICATORY [1] - 72:2

adjust [1] - 43:4

adjusted [1] - 43:7

Adjustment [1] - 64:15

adjustments [3] - 30:15,

62:17, 63:11

ADMINISTRATION [2] -

66:1, 114:1

Administration [7] - 2:12,

2:21, 28:8, 66:4, 66:6, 71:20,

114:5

Administration's [1] -

117:15

Administrative [1] - 74:5

admission [1] - 106:15

adoption [5] - 26:15, 28:11,

64:11, 73:3, 74:2

advance [1] - 67:1

advancing [1] - 38:24

advantage [1] - 52:24

adverse [1] - 100:6

advisor [2] - 32:11, 49:15

Advisory [1] - 117:18

advisory [1] - 37:18

advocate [1] - 10:13

affect [2] - 54:24, 70:3

AFFIRMATIVE [3] - 24:12,

59:13, 59:25

AFFIRMATIVELY) [1] -

102:6

affirming [1] - 118:7

afternoon [2] - 105:16,

105:17

age [1] - 69:21

agencies [15] - 37:12,

37:15, 55:5, 57:17, 94:13,

95:24, 101:4, 101:14,

101:23, 102:12, 102:20,

102:21, 103:3, 112:3, 112:19

Agency [19] - 5:21, 12:22,

12:23, 30:24, 31:9, 32:23,

33:14, 33:25, 34:15, 36:11,

37:8, 38:1, 39:11, 39:20,

41:6, 43:18, 44:7, 44:13,

63:12

agency [12] - 12:23, 30:22,

31:3, 78:21, 82:1, 95:11,

95:14, 95:19, 96:5, 103:25,

110:25, 113:1

Agency's [6] - 33:19, 38:14,

41:24, 42:3, 42:16, 56:17

agenda [10] - 4:4, 25:9,

28:24, 61:14, 66:6, 71:21,

75:3, 75:13, 78:11, 83:4

aggregate [2] - 54:11,

87:25

aggregated [1] - 37:3

aggressively [1] - 88:13

ago [3] - 67:2, 97:10, 99:13

agree [5] - 23:23, 46:9,

50:23, 50:24, 75:11

agreed [2] - 74:4, 95:4

agreement [3] - 78:15,

81:20, 113:11

agricultural [1] - 79:13

AGRICULTURE [1] - 1:11

Agriculture [2] - 78:18,

81:23

ahead [8] - 43:20, 43:24,

62:9, 62:12, 80:24, 110:21,

114:9, 116:25

aid [1] - 23:15

alerts [1] - 34:8

align [1] - 34:13

alive [1] - 7:6

Allegiance [1] - 3:9

ALLEGIANCE [1] - 3:13

allocate [1] - 41:25

allow [1] - 7:11

allowed [4] - 8:11, 86:24,

87:7, 87:17

allowing [1] - 41:18

allows [3] - 31:18, 34:3,

48:8

Almost [1] - 10:15

alter [1] - 84:5

alternative [1] - 55:21

amazing [2] - 4:22, 23:23

ambiguities [1] - 65:7

ambiguous [1] - 65:11

amend [2] - 26:12, 28:6

amended [1] - 73:8

amendment [2] - 26:18,

74:4

amendments [1] - 64:11

amount [9] - 37:3, 87:2,

87:12, 87:21, 87:25, 91:1,

115:8, 115:23, 116:12

amounts [1] - 79:8

analyses [1] - 39:21

analysis [3] - 98:13, 102:3,

108:11

analysts [1] - 100:22

analytic [1] - 39:25

analyzing [1] - 98:3

AND [4] - 1:4, 3:13, 25:1,

72:1

Ann [1] - 79:19

annual [10] - 30:21, 30:22,

31:3, 31:11, 31:17, 32:8,

32:16, 32:19, 62:24, 96:4

annually [2] - 96:3, 100:15

answer [6] - 22:15, 25:23,

42:21, 50:14, 53:14, 119:7

answered [2] - 22:21, 49:21

answers [1] - 23:3

Anthem [1] - 3:10

ANTHEM [1] - 3:14

Apalachee [1] - 68:13

apologize [1] - 67:1

appear [1] - 19:14

appeared [2] - 19:1, 19:3

appellate [1] - 22:1

applicant [2] - 6:10, 14:3

applicants [6] - 16:5, 31:18,

32:12, 32:24, 34:2, 35:25

applicants' [1] - 16:17

application [8] - 33:23,

36:4, 42:19, 42:22, 42:25,

43:5, 43:10, 79:14

applications [1] - 34:1

applying [1] - 23:24

appoint [3] - 24:2, 59:14,

59:19

appointment [2] - 2:3, 4:5

APPOINTMENT [2] - 4:1,

59:1

appreciate [14] - 7:19, 23:5,

30:13, 33:10, 50:4, 50:6,

50:15, 51:20, 61:9, 63:18,

67:4, 105:18, 110:11, 111:16

appreciated [1] - 111:11

apprised [2] - 39:3, 43:25

appropriate [3] - 7:12,

39:23, 63:25

approval [31] - 22:17,

25:11, 25:22, 26:11, 26:14,

28:4, 28:10, 42:19, 43:2,

43:6, 43:10, 61:16, 64:11,

66:7, 66:18, 72:11, 73:11,

74:10, 81:3, 81:7, 83:4, 84:3,

86:8, 93:9, 97:19, 98:1,

114:23, 115:22, 116:11,

117:14, 118:6

approve [4] - 31:13, 32:4,

33:21, 84:19

approved [6] - 31:20,

33:25, 82:5, 83:24, 117:17,

118:8

approving [1] - 31:16

April [1] - 27:19

Area [1] - 68:9

area [11] - 13:23, 32:8,


2

32:14, 39:11, 39:17, 47:8,

49:10, 49:14, 79:6, 80:6,

82:17

areas [7] - 30:15, 32:2,

34:24, 39:3, 52:14, 69:8

arise [1] - 38:7

array [1] - 13:7

arrested [1] - 14:14

article [2] - 55:10, 106:7

Asbell [1] - 10:11

ASBELL [1] - 10:15

Ash [2] - 114:4, 119:22

aspect [1] - 12:24

assessment [7] - 33:6,

33:7, 34:20, 36:9, 39:1,

44:12, 112:8

assimilate [1] - 52:15

assistance [1] - 35:20

associated [2] - 90:23, 91:9

association [2] - 53:4,

53:15

associations [1] - 52:25

assume [3] - 49:2, 65:10,

112:4

assuming [1] - 47:18

assure [1] - 22:15

assured [1] - 111:5

asterisk [1] - 100:4

Atlanta [1] - 84:4

attendees [1] - 27:20

ATTORNEY [52] - 1:9, 4:20,

5:22, 9:5, 10:8, 10:16, 10:25,

13:2, 18:8, 18:18, 20:9,

23:21, 24:16, 25:14, 26:4,

27:23, 45:10, 45:21, 45:25,

53:21, 53:25, 59:9, 59:18,

61:19, 71:14, 72:14, 73:14,

74:12, 75:11, 76:3, 76:8,

76:13, 81:10, 83:7, 86:12,

88:20, 89:8, 89:24, 90:12,

91:20, 105:5, 111:3, 113:9,

114:11, 114:25, 115:14,

116:3, 116:17, 117:3,

117:23, 118:14, 119:13

Attorney [8] - 10:7, 18:7,

20:13, 30:8, 35:21, 45:24,

53:20, 61:7

attorneys [2] - 15:25, 19:14

attractive [1] - 40:9

ATWATER [56] - 1:10, 7:18,

9:2, 15:10, 17:2, 22:20,

23:16, 25:16, 26:2, 28:16,

44:21, 46:2, 46:5, 46:8,

46:14, 49:25, 51:2, 51:11,

51:23, 52:17, 53:18, 54:2,

56:21, 57:21, 59:23, 61:21,

62:11, 64:8, 64:21, 66:11,

72:16, 73:16, 74:14, 81:12,

83:9, 84:16, 86:14, 88:22,

89:10, 90:1, 90:14, 91:18,

99:5, 99:18, 99:21, 110:20,

111:9, 111:19, 114:13,

115:2, 115:16, 116:5,

116:19, 117:25, 118:16,

119:15

Atwater [5] - 30:8, 34:6,

61:7, 78:9, 99:10

Atwater's [1] - 37:20

audience [4] - 4:14, 10:12,

79:19, 82:21

Auditing [1] - 118:7

Audubon [1] - 79:21

August [1] - 119:24

authority [8] - 14:1, 14:4,

15:1, 15:4, 74:24, 75:1, 75:7,

97:15

authorization [7] - 72:22,

73:2, 73:4, 73:22, 74:2,

84:13, 93:12

authorized [1] - 121:5

authorizing [4] - 88:15,

89:3, 89:17, 90:7

available [2] - 44:1, 44:13

average [14] - 31:13, 31:17,

32:4, 32:5, 32:8, 32:10,

32:14, 33:20, 39:9, 40:13,

42:18, 43:2, 43:4, 43:8

avoid [6] - 57:24, 70:6,

84:24, 96:20, 97:6, 97:17

avoidance [1] - 56:24

award [1] - 86:20

awarded [3] - 86:22, 87:6,

87:16

aware [6] - 67:17, 75:8,

94:11, 95:18, 97:19, 101:13

awareness [2] - 34:7, 56:11

B

background [5] - 4:18,

16:12, 21:8, 93:7, 95:22

bad [4] - 21:20, 77:13, 94:7,

98:15

balance [1] - 13:16

ball [1] - 101:20

bank [3] - 53:8, 55:13,

55:21

Bank [2] - 37:18, 38:15

banking [10] - 38:19, 38:20,

49:2, 49:10, 52:1, 55:8,

55:19, 55:20, 56:22, 57:23

banks [1] - 38:22

Bartow [4] - 18:11, 18:12,

18:16

based [8] - 7:12, 12:21,

27:14, 54:11, 55:17, 63:11,

90:22, 107:18

baseline [2] - 108:10, 109:7

basis [6] - 8:20, 36:2,

37:10, 85:4, 88:3, 95:17

battery [1] - 11:11

Bay [1] - 68:15

bear [1] - 96:18

beat [1] - 61:11

become [2] - 39:10, 83:2

becomes [1] - 43:25

began [1] - 111:14

Begerra [2] - 82:19, 82:20

begin [2] - 3:6, 99:6

beginning [4] - 30:19, 59:7,

104:17, 110:13

begins [1] - 35:12

behalf [2] - 38:24, 95:2

behave [2] - 8:7, 8:8

behavioral [1] - 19:23

behaviors [1] - 21:12

Ben [10] - 86:4, 99:4, 99:6,

105:4, 105:9, 106:12,

106:19, 107:8, 113:10, 119:2

beneficial [1] - 88:7

benefit [4] - 6:14, 7:10,

35:3, 37:11

benefited [1] - 15:13

benefits [1] - 79:16

besmirch [1] - 112:21

best [8] - 8:3, 8:25, 16:9,

21:24, 48:10, 57:11, 80:8,

95:8

better [6] - 20:8, 22:12,

47:14, 53:6, 71:1, 96:16

betterment [1] - 22:13

between [4] - 13:16, 69:9,

96:17, 104:18

beyond [1] - 39:12

bidder [3] - 86:23, 87:6,

87:16

Biegalski [2] - 2:11, 61:4

BIEGALSKI [10] - 61:6,

62:1, 62:19, 62:22, 63:17,

64:5, 64:9, 65:13, 65:15,

65:20

Big [1] - 77:24

big [1] - 74:25

bigger [2] - 96:24, 104:16

bike [1] - 23:9

billion [2] - 88:1, 114:20

bit [4] - 6:3, 13:23, 15:14,

108:7

black [1] - 103:17

bleed [1] - 100:21

blessed [2] - 11:8, 12:14

BOARD [2] - 77:1, 114:1

Board [29] - 2:16, 2:21,

13:15, 18:20, 22:11, 23:13,

27:16, 64:15, 73:6, 78:10,

93:9, 93:11, 93:16, 94:6,

95:2, 95:12, 95:13, 98:1,

98:4, 104:18, 107:8, 110:5,

111:22, 113:13, 114:4,

115:10, 117:14, 119:3

BOG's [1] - 103:17

BOND [1] - 86:1

Bond [6] - 2:18, 86:5,

94:16, 95:15, 103:25, 119:1

bond [10] - 86:20, 93:20,

93:22, 95:1, 98:11, 103:23,

105:25, 106:2, 106:23,

112:18

Bondi [4] - 30:9, 61:7, 78:9,

86:7

BONDI [52] - 1:9, 4:20,

5:22, 9:5, 10:8, 10:16, 10:25,

13:2, 18:8, 18:18, 20:9,

23:21, 24:16, 25:14, 26:4,

27:23, 45:10, 45:21, 45:25,

53:21, 53:25, 59:9, 59:18,

61:19, 71:14, 72:14, 73:14,

74:12, 75:11, 76:3, 76:8,

76:13, 81:10, 83:7, 86:12,

88:20, 89:8, 89:24, 90:12,

91:20, 105:5, 111:3, 113:9,

114:11, 114:25, 115:14,

116:3, 116:17, 117:3,

117:23, 118:14, 119:13

bonding [4] - 100:4, 101:4,

101:10, 103:17

Bonds [10] - 86:22, 87:5,

87:15, 88:17, 89:4, 89:19,

89:20, 115:25, 116:14

bonds [14] - 87:3, 87:6,

87:8, 87:12, 87:15, 87:21,

89:19, 90:8, 98:7, 105:25,

106:4, 106:18, 114:22,

115:11

borrow [1] - 93:13

bottom [2] - 20:22, 100:4

boundaries [1] - 73:23

boundary [1] - 73:5

BOX [1] - 1:22

branding [1] - 104:1

break [1] - 108:7

breakdown [1] - 104:14

Breakspear [3] - 2:10, 30:4,

46:9

BREAKSPEAR [15] - 30:7,

45:16, 46:21, 47:24, 49:4,

50:24, 51:6, 51:22, 52:5,

53:17, 54:7, 54:10, 54:14,

57:14, 57:22

Breakspear's [1] - 62:24

breed [1] - 21:11

bridge [1] - 114:22

brief [1] - 80:2

briefly [2] - 66:21, 79:22

bring [11] - 5:8, 5:10, 22:10,

45:7, 50:17, 51:12, 83:22,

85:1, 96:18, 111:16, 112:6

broad [1] - 55:23

broker/dealer [1] - 49:16

Bronson [1] - 82:18


3

brought [1] - 75:14

budget [9] - 90:20, 90:21,

90:22, 90:25, 91:8, 91:15,

91:17, 118:21, 118:23

budgetary [1] - 108:22

budgeted [2] - 90:25, 91:7

budgeting [2] - 12:21, 91:4

budgets [1] - 118:24

build [3] - 48:17, 67:19

buildings [1] - 69:20

burden [1] - 112:14

Bureau [3] - 35:9, 35:12,

55:16

business [9] - 5:7, 32:25,

34:12, 39:22, 40:2, 52:13,

94:18, 94:24, 97:8

business-friendly [1] -

34:12

businesses [10] - 31:18,

31:22, 34:3, 36:8, 36:20,

37:1, 42:21, 44:8, 49:18,

97:12

BY [1] - 1:17

C

Cabinet [19] - 3:5, 15:4,

45:15, 61:17, 66:25, 70:9,

75:3, 80:1, 83:19, 83:23,

83:24, 87:23, 93:13, 97:2,

97:3, 97:18, 110:1, 113:19,

114:7

CABINET [3] - 1:4, 1:9,

1:14

calculate [1] - 44:12

calculation [1] - 54:11

CAMELS [1] - 49:13

Camp [5] - 80:4, 81:17,

81:22, 82:9, 82:10

Cancer [1] - 97:11

candidate [2] - 7:12, 14:2

candidates [5] - 4:8, 4:9,

4:12, 4:14, 23:23

candnreporters.com [1] -

1:24

cannot [1] - 39:19

capital [2] - 36:21, 115:11

CAPITOL [1] - 1:15

capture [1] - 43:8

care [5] - 51:18, 69:23,

80:18, 111:11, 111:16

career [2] - 5:3, 49:2

Carlos [2] - 82:19, 82:20

Carrier [1] - 28:8

carries [31] - 25:20, 26:9,

28:2, 28:22, 54:6, 61:25,

64:4, 65:2, 66:17, 71:18,

72:20, 73:20, 74:18, 81:16,

83:13, 85:10, 86:18, 89:1,

89:14, 90:5, 90:18, 91:25,

114:17, 115:6, 115:20,

116:9, 116:23, 117:9, 118:4,

118:20, 119:19

carrying [1] - 43:20

carve [2] - 108:8, 108:9

case [5] - 20:1, 21:9, 35:15,

85:3

case-by-case [1] - 85:3

cases [13] - 8:15, 10:21,

13:7, 13:10, 16:3, 19:2, 19:3,

22:2, 22:11, 35:17, 48:2

cash [1] - 107:7

cashed [2] - 37:2, 37:4

cashing [5] - 34:17, 36:15,

36:24, 37:1, 37:2

Catastrophe [1] - 118:25

category [2] - 84:9, 104:12

cattle [3] - 79:9, 79:17,

80:12

caused [1] - 103:10

cell [1] - 56:5

Center [1] - 97:11

center [1] - 104:25

central [5] - 68:13, 68:14,

68:24, 82:11, 103:24

centralized [1] - 100:7

centric [1] - 98:13

certain [1] - 39:17

certainly [6] - 47:6, 47:17,

75:12, 76:6, 104:17, 110:14

CERTIFICATE [1] - 121:1

certify [1] - 121:5

cetera [2] - 38:20, 94:2

CFO [74] - 7:17, 7:18, 9:2,

15:9, 15:10, 17:2, 22:19,

22:20, 23:16, 25:8, 25:16,

26:2, 28:16, 30:8, 34:6,

37:20, 44:21, 46:2, 46:5,

46:8, 46:14, 49:24, 49:25,

51:2, 51:6, 51:11, 51:23,

52:17, 53:18, 54:2, 56:20,

56:21, 57:20, 57:21, 59:23,

61:7, 61:21, 62:10, 62:11,

64:7, 64:8, 64:21, 66:11,

72:16, 73:16, 74:14, 78:9,

81:12, 83:9, 84:16, 86:7,

86:14, 88:22, 89:10, 90:1,

90:14, 91:18, 99:5, 99:10,

99:18, 99:21, 110:20, 111:8,

111:9, 111:19, 112:25,

114:13, 115:2, 115:16,

116:5, 116:19, 117:25,

118:16, 119:15

CFOs [1] - 110:3

CFPB [1] - 55:14

chain [1] - 96:11

chair [2] - 59:15

Chair [2] - 59:19, 59:20

challenge [4] - 39:7, 39:14,

47:7

challenges [1] - 36:12

champion [1] - 38:14

chance [3] - 45:1, 45:7,

51:16

Chancellor [6] - 95:9,

101:1, 103:19, 105:6, 111:22

Chancellor's [1] - 101:24

change [9] - 43:12, 95:17,

95:20, 96:6, 97:20, 101:24,

102:2, 106:11

changed [7] - 40:19, 70:16,

70:19, 70:20, 84:6, 95:23,

102:8

changes [12] - 26:16,

28:13, 38:12, 38:18, 44:18,

44:19, 44:23, 45:14, 63:7,

64:15, 70:1, 117:19

changing [3] - 27:2, 103:2,

107:13

channels [1] - 101:17

Chapter [4] - 26:13, 64:12,

64:17, 64:18

character [1] - 20:1

charges [1] - 14:18

chartered [1] - 38:22

check [6] - 34:17, 36:15,

36:24, 37:1, 37:2

check-cashing [5] - 34:17,

36:15, 36:24, 37:1, 37:2

checks [1] - 37:4

cherry [1] - 48:9

cherry-pick [1] - 48:9

CHIEF [1] - 1:10

Chief [1] - 18:16

chiefs [1] - 20:16

choices [1] - 23:25

circumstances [5] - 13:17,

21:11, 93:4, 103:7, 104:15

city [1] - 119:25

civil [2] - 13:22, 14:9

clarification [1] - 65:11

clarifications [1] - 105:24

clarify [1] - 59:5

clear [3] - 105:8, 112:10,

112:12

clearly [1] - 52:18

Clemency [2] - 13:15,

18:20

clemency [15] - 6:6, 6:9,

6:17, 7:10, 12:18, 12:25,

13:14, 13:15, 13:19, 13:20,

14:20, 15:22, 16:18, 21:7,

22:3

closely [1] - 56:5

closing [2] - 56:16, 84:6

Cloud [1] - 82:13

Coast [1] - 68:15

code [1] - 70:21

cognizant [1] - 95:20

collaboration [1] - 96:17

collateral [1] - 8:18

collect [2] - 44:11, 44:14

collected [1] - 41:16

collecting [1] - 51:7

College [1] - 119:3

college [2] - 40:6, 67:9

Collier [4] - 77:7, 77:22,

80:17, 84:1

color [2] - 100:1, 100:22

colors [1] - 98:18

Columbia [1] - 77:12

combat [1] - 37:22

combination [2] - 39:25,

67:24

comfort [1] - 11:23

comfortable [3] - 49:12,

108:23, 110:22

comforted [1] - 21:1

coming [6] - 16:13, 19:8,

47:16, 93:11, 97:18, 110:1

commensurate [1] - 69:5

comments [37] - 16:1, 24:8,

25:17, 26:5, 27:24, 28:19,

44:17, 46:25, 54:3, 61:22,

64:3, 64:24, 66:14, 70:11,

71:15, 72:17, 73:17, 74:15,

81:13, 83:10, 85:7, 86:15,

88:23, 89:11, 90:2, 90:15,

91:21, 114:14, 115:3,

115:17, 116:6, 116:20,

117:6, 118:1, 118:17,

119:10, 119:16

commercial [1] - 28:6

COMMISSION [4] - 4:1,

59:1, 66:1, 72:2

Commission [25] - 2:3,

2:12, 2:14, 4:5, 5:12, 5:19,

6:6, 10:13, 11:20, 12:13,

13:8, 18:24, 19:1, 20:15,

30:19, 31:7, 39:5, 48:23,

59:5, 59:15, 66:4, 71:21,

72:7, 73:8, 75:6

commissioner [8] - 6:2,

13:4, 20:11, 27:12, 46:15,

70:11, 99:22, 110:10

Commissioner [28] - 2:3,

2:10, 4:5, 18:12, 19:19,

21:19, 24:3, 25:8, 30:9,

33:13, 34:6, 47:4, 49:22,

50:1, 61:8, 62:13, 62:24,

63:4, 65:16, 66:6, 70:24,

75:4, 75:12, 76:12, 78:9,

84:17, 86:7, 105:20

COMMISSIONER [73] -

1:11, 4:2, 6:1, 6:3, 7:16,

13:5, 15:8, 20:12, 20:21,

20:24, 21:4, 22:18, 24:5,

26:25, 27:5, 27:8, 27:17,

27:21, 28:18, 30:7, 45:16,

46:16, 46:21, 47:1, 47:5,


4

47:24, 48:24, 49:4, 49:23,

50:24, 51:6, 51:22, 52:5,

53:17, 54:7, 54:10, 54:14,

57:14, 57:22, 59:2, 59:11,

62:7, 62:14, 62:21, 63:2,

63:8, 64:2, 64:23, 65:4,

65:14, 65:18, 66:13, 70:12,

71:8, 71:12, 74:21, 74:23,

75:9, 76:2, 83:17, 83:19,

84:22, 91:23, 99:24, 101:1,

101:7, 102:5, 103:5, 105:2,

110:11, 110:17, 112:17,

117:5

Commissioner's [2] -

22:23, 44:22

commissioners [1] - 38:17

Commissioners [3] -

11:13, 12:3, 12:14

commitment [3] - 8:2,

43:24, 53:3

committed [3] - 14:12,

16:24, 56:10

Committee [2] - 4:7, 118:7

committing [1] - 56:9

common [2] - 36:3, 44:6

common-sense [1] - 44:6

commonalities [1] - 47:13

commonplace [1] - 40:21

communicate [2] - 40:4,

40:23

communicates [1] - 42:20

communication [6] - 36:7,

40:1, 43:1, 96:16, 96:21,

110:23

communications [2] -

34:13, 111:14

communities [2] - 22:9,

23:11

Community [2] - 72:24,

73:24

community [6] - 5:15,

22:13, 23:8, 23:11, 80:17,

103:4

commutation [1] - 13:21

comp [1] - 91:13

compensation [1] - 37:23

compete [1] - 51:9

competitive [8] - 86:21,

87:4, 87:14, 87:16, 88:16,

89:3, 89:18, 90:7

compiling [1] - 48:20

complaint [2] - 34:23,

35:23

complaints [1] - 35:10

complete [2] - 43:17, 121:6

completed [2] - 43:5, 43:9

completely [1] - 99:1

compliance [1] - 104:7

complicated [2] - 21:9,

104:9

compliment [1] - 106:16

Comply [2] - 55:7, 57:5

comply [1] - 100:13

components [1] - 40:25

comprehensive [2] - 31:10,

33:23

computation [2] - 46:10,

46:11

conceivably [1] - 91:1

concern [3] - 7:13, 35:11,

108:16

concerned [1] - 57:23

concerns [1] - 111:5

conclude [1] - 84:13

concludes [4] - 28:23,

71:20, 74:20, 85:12

concluding [1] - 73:8

concurrent [1] - 103:2

conditions [1] - 88:5

conduct [3] - 14:11, 41:14,

102:13

conducted [6] - 12:17,

12:18, 12:20, 35:10, 73:6,

74:6

conduit [3] - 93:15, 97:16,

104:11

Conference [1] - 38:15

confidence [2] - 48:14,

48:17

congratulations [2] -

24:14, 54:13

Conservation [1] - 83:15

conservation [8] - 78:12,

78:16, 80:23, 81:1, 81:18,

81:21, 82:6, 82:22

conserve [1] - 80:7

conserved [1] - 79:5

consider [5] - 4:9, 7:15,

8:7, 33:23, 51:11

consideration [10] - 5:17,

6:9, 16:6, 17:1, 25:10, 70:9,

78:14, 78:23, 81:19, 82:3

considerations [1] - 7:8

consistency [1] - 112:7

consistent [6] - 26:19,

27:2, 39:6, 42:2, 57:17,

106:3

consistently [2] - 31:9,

32:20

consists [1] - 82:22

consolidation [1] - 55:8

constant [1] - 39:14

constantly [1] - 14:13

constructed [1] - 68:7

construction [2] - 68:2,

114:22

consult [1] - 76:7

consulted [1] - 69:2

Consumer [3] - 55:15,

78:18, 81:23

consumer [9] - 34:7, 34:8,

34:12, 34:22, 34:24, 35:1,

36:1, 38:21, 49:17

consumers [6] - 33:17,

35:11, 44:4, 55:23, 55:25,

58:2

contained [1] - 72:23

continue [15] - 5:21, 37:7,

38:23, 39:2, 41:19, 43:20,

44:2, 44:5, 48:16, 65:10,

69:15, 88:4, 88:10, 88:12,

109:16

continued [2] - 38:14,

107:25

continues [2] - 38:10, 69:7

continuing [7] - 31:15,

37:25, 55:3, 56:10, 57:10,

93:19, 108:13

contract [1] - 73:23

contraction [2] - 55:17,

74:3

contribute [1] - 84:8

contribution [2] - 84:2,

84:15

contributions [1] - 85:2

conversation [11] - 38:24,

50:22, 51:13, 52:19, 63:6,

103:10, 104:16, 110:13,

111:11, 111:20, 112:22

conversations [2] - 36:3,

101:3

convicted [2] - 15:20, 35:18

convince [1] - 35:16

Coonrod [1] - 59:19

coordination [1] - 96:16

cops [1] - 20:19

copy [1] - 106:19

Corkrell [1] - 3:11

corner [1] - 108:18

corporate [2] - 117:11,

117:15

correct [8] - 8:13, 10:24,

72:23, 73:4, 108:2, 109:2,

109:14

Corrections [2] - 5:4, 5:6

corrective [2] - 95:7, 95:8

cost [5] - 34:25, 86:23,

87:7, 87:17, 108:5

costs [2] - 90:22, 91:9

Council [2] - 68:10, 117:18

count [2] - 16:4, 19:3

counterparts [4] - 48:4,

48:5, 48:9, 51:8

counties [1] - 68:16

counting [1] - 112:25

countless [1] - 19:2

country [1] - 57:12

COUNTY [1] - 121:3

County [10] - 16:13, 77:7,

77:12, 77:22, 78:22, 79:4,

80:17, 82:2, 82:11, 84:1

couple [11] - 8:22, 33:2,

54:8, 54:16, 54:18, 105:24,

106:11, 106:13, 106:14,

107:5, 107:21

coupled [1] - 88:9

course [5] - 19:6, 32:7,

53:1, 53:8, 80:8

court [1] - 18:22

COURT [2] - 1:17, 71:11

Court [1] - 121:11

courteous [1] - 35:24

courts [1] - 22:1

covered [2] - 44:25, 119:2

covering [2] - 34:9, 49:12

covers [1] - 42:8

cow/calf [2] - 79:9, 82:14

crazy [2] - 4:23, 10:9

create [3] - 8:1, 36:21,

103:19

created [5] - 23:9, 36:20,

68:4, 68:6, 100:23

creates [1] - 100:5

creating [3] - 36:16, 51:19,

78:1

creative [2] - 56:23, 56:24

credit [9] - 52:2, 98:13,

98:15, 98:25, 100:16,

102:18, 104:24, 114:21,

115:10

credits [7] - 93:24, 93:25,

96:2, 96:9, 98:3, 102:21,

102:23

Creek [1] - 72:24

crime [5] - 6:19, 6:21, 6:22,

13:17, 16:24

Crimes [1] - 37:15

criminal [5] - 14:14, 14:15,

21:12, 35:11, 35:17

criminals [1] - 19:5

Criser [2] - 95:9, 101:1

Criteria [2] - 67:20, 68:8

criteria [4] - 62:15, 63:1,

67:10, 106:12

critical [2] - 39:25, 40:25

crowdfunding [4] - 34:16,

36:14, 36:17, 36:18

cry [1] - 12:7

crying [1] - 11:16

crystal [1] - 105:7

currency [1] - 38:19

current [9] - 69:20, 79:12,

87:18, 87:24, 90:21, 90:24,

91:6, 91:7, 97:25

curve [1] - 63:20

customer [3] - 34:22,

35:23, 43:16

customer-service [1] -

43:16

customers [1] - 40:5


5

cut [1] - 99:15

cutting [2] - 109:21, 109:22

cyber [1] - 38:7

Cynthia [8] - 2:4, 4:10,

4:15, 4:16, 4:17, 4:22, 24:15,

24:18

cypress [1] - 82:25

Cypress [1] - 77:24

D

daily [1] - 37:3

Daphne [6] - 10:11, 10:12,

10:14, 11:6, 11:8, 19:2

data [1] - 37:7

database [7] - 34:17, 36:15,

36:24, 37:2, 37:6, 37:17,

37:22

DATE [1] - 1:13

date [4] - 34:1, 55:18,

87:23, 107:15

DATED [1] - 121:7

dates [2] - 12:16, 16:21

Davey [1] - 3:7

DAVID [1] - 18:1

David [11] - 2:6, 4:10, 18:3,

18:4, 18:9, 22:21, 23:17,

24:2, 24:14, 24:17, 59:6

Davisson [1] - 59:20

day-to-day [1] - 8:20

days [16] - 31:13, 31:17,

32:4, 32:6, 32:9, 32:10,

32:12, 32:13, 32:15, 33:20,

42:18, 43:2, 43:4, 43:9,

94:18

deadly [1] - 94:7

deal [5] - 11:14, 57:17,

75:15, 84:13, 90:23

dealing [3] - 10:17, 10:20,

52:6

deals [1] - 103:1

death [2] - 19:10

debt [19] - 86:25, 87:9,

87:19, 88:1, 88:17, 89:5,

89:21, 94:13, 94:15, 96:19,

97:22, 99:15, 99:16, 100:8,

101:11, 103:24, 104:10,

107:5, 112:13

decade [1] - 97:10

decades [1] - 8:23

December [1] - 25:11

decided [2] - 61:13, 84:7

decision [1] - 16:9

decisionmaking [1] - 41:17

decisions [5] - 5:11, 5:14,

5:16, 8:13

decommissioned [1] -

69:21

decrease [2] - 32:7, 32:13

decreased [1] - 32:12

decreases [1] - 119:5

dedicated [2] - 36:1, 42:1

dedication [1] - 32:18

deep [2] - 77:14, 99:11

deeper [3] - 7:21, 47:22,

96:14

defendants [1] - 35:18

deficiency [3] - 32:11,

42:24, 97:24

deficit [5] - 67:15, 67:22,

68:20, 69:16, 70:6

deficits [4] - 67:18, 68:23,

68:24, 69:6

define [1] - 33:12

definitely [1] - 63:23

degrees [3] - 27:9, 40:6

Delaney [5] - 103:8, 105:11,

105:21, 111:4, 113:8

DELANEY [15] - 105:17,

107:12, 108:2, 108:6,

108:15, 108:21, 109:1,

109:6, 109:14, 109:21,

110:2, 110:16, 110:24,

111:18, 113:4

delegated [3] - 74:24,

74:25, 97:14

delegating [1] - 76:1

deliberately [1] - 104:3

delivering [1] - 55:22

delivery [1] - 56:4

delve [1] - 39:22

demand [2] - 42:5, 69:1

demands [1] - 69:4

demonstrate [3] - 68:11,

68:16, 68:19

demonstrated [1] - 33:17

DEPARTMENT [1] - 61:1

department [1] - 21:22

Department [18] - 2:11, 5:4,

25:4, 26:11, 28:4, 28:10,

40:12, 61:4, 62:2, 62:4,

64:10, 68:7, 78:17, 81:22,

90:9, 114:21, 115:24, 116:13

departments [1] - 23:10

deputy [1] - 16:14

Deputy [1] - 18:16

derived [1] - 36:4

description [2] - 72:24,

73:5

deserve [2] - 14:10, 14:21

design [2] - 67:10, 91:2

Design [2] - 67:19, 68:8

designated [2] - 69:5,

70:18

designation [2] - 78:20,

81:25

designed [1] - 68:7

desire [2] - 7:20, 24:7

detail [1] - 15:14

deterioration [1] - 69:24

determine [2] - 38:20,

63:24

determined [1] - 74:6

develop [3] - 44:5, 48:18,

49:7

developed [3] - 35:15,

35:17, 57:15

developing [1] - 42:4

Development [2] - 72:25,

73:24

development [2] - 42:6,

49:9

developments [1] - 43:25

deviating [1] - 50:9

devices [1] - 56:4

difference [1] - 48:8

different [9] - 5:8, 5:9, 6:13,

13:20, 19:16, 41:3, 49:16,

49:18, 104:12

differently [2] - 13:24,

108:7

difficult [4] - 11:3, 11:14,

12:6, 39:12

dig [1] - 47:22

diligent [3] - 34:7, 56:17,

95:25

dinged [1] - 47:9

dips [1] - 67:2

Direct [1] - 93:14

direct [2] - 52:2, 52:4

directions [1] - 70:25

directly [1] - 103:23

Director [6] - 2:8, 2:11,

2:18, 2:20, 2:21, 111:1

DIRECTOR [57] - 25:7,

25:21, 26:10, 27:1, 27:7,

27:12, 27:18, 28:3, 28:23,

61:6, 62:1, 62:19, 62:22,

63:17, 64:5, 64:9, 65:13,

65:15, 65:20, 72:4, 72:10,

86:6, 86:19, 89:2, 89:15,

90:6, 90:19, 92:1, 93:3, 97:4,

98:8, 98:12, 98:18, 98:21,

98:24, 99:9, 99:19, 100:5,

101:6, 101:12, 102:7,

104:21, 105:10, 105:14,

113:17, 113:21, 114:6,

114:18, 115:7, 115:21,

116:10, 116:24, 117:10,

117:13, 118:5, 118:22,

119:20

disciplinary [2] - 7:4, 7:5

disclaimer [1] - 99:25

disclosed [2] - 95:1, 106:17

discrepancy [1] - 50:9

discuss [5] - 23:22, 24:6,

30:14, 36:9, 44:10

discussing [1] - 7:24

discussion [2] - 24:1, 59:21

discussions [1] - 36:5

District [4] - 72:25, 73:4,

73:25, 74:3

District's [2] - 73:6, 74:8

districts [1] - 67:18

dive [1] - 99:11

Division [11] - 2:18, 37:21,

42:7, 52:12, 66:20, 66:21,

69:15, 86:4, 94:15, 95:15,

119:1

division [1] - 49:8

DIVISION [1] - 86:1

Division's [1] - 67:5

divisions [1] - 35:10

DOAH [1] - 74:5

document [1] - 93:21

Dodd [4] - 55:11, 57:10,

95:25, 112:23

Dodd-Frank [4] - 55:11,

57:10, 95:25, 112:23

dollar [2] - 55:16, 84:2

dollars [2] - 90:8, 114:20

domestic [1] - 14:15

done [19] - 6:13, 15:6,

18:14, 22:6, 22:12, 22:14,

23:8, 45:20, 46:10, 50:15,

57:7, 80:10, 80:18, 98:2,

100:11, 101:14, 106:8,

107:4, 107:7

door [2] - 19:11, 39:19

down [6] - 11:7, 50:4,

56:13, 77:6, 107:10, 109:5

downgrade [15] - 93:6,

94:9, 94:10, 94:17, 94:21,

96:13, 98:7, 98:10, 100:1,

103:8, 103:11, 103:13,

104:15, 106:2, 106:17

downgraded [1] - 107:11

downgrades [2] - 106:9,

106:10

draft [1] - 118:6

Draper [1] - 79:21

DRAPER [1] - 80:1

drawback [1] - 6:15

drawing [1] - 78:4

Drew [5] - 30:4, 44:16,

56:19, 56:21, 58:3

driver's [1] - 28:7

drop [2] - 106:13, 107:14

dropped [1] - 14:18

dropping [1] - 101:20

drug [1] - 13:10

dry [5] - 77:11, 77:16,

77:22, 79:7, 82:24

drying [1] - 77:23

DSO [10] - 94:14, 97:2,

97:15, 99:7, 101:10, 104:22,

105:25, 109:25, 112:8

DSOs [9] - 97:6, 97:7, 97:8,

97:16, 99:6, 99:17, 103:22,


6

111:23, 112:21

due [3] - 57:10, 68:25,

69:21

during [10] - 5:5, 11:10,

19:22, 20:3, 30:21, 30:25,

32:1, 32:7, 32:14, 42:9

dynamic [1] - 88:10

dynamics [1] - 88:10

E

early [1] - 35:2

earn [2] - 14:21, 91:12

earned [1] - 14:11

easement [9] - 78:12,

78:16, 78:22, 80:23, 81:18,

81:21, 82:7, 82:22, 83:25

Easement [1] - 83:15

east [2] - 68:14, 68:24

eastern [1] - 80:16

easy [1] - 72:9

echo [1] - 20:13

echos [1] - 101:17

economic [2] - 44:4, 54:23

economically [1] - 80:11

economy [2] - 54:22

ecosystem [3] - 79:16,

82:15, 83:3

ed [1] - 102:16

EDGAR [1] - 94:20

Education [1] - 115:10

education [1] - 115:11

Education's [1] - 68:8

effective [3] - 16:22, 33:15,

43:21

effectively [3] - 40:4, 40:24,

96:19

effectiveness [1] - 38:1

effects [1] - 69:9

efficiency [5] - 32:5, 32:23,

33:19, 38:1, 43:16

efficient [3] - 31:16, 33:15,

43:21

effort [1] - 62:25

efforts [6] - 34:5, 34:14,

36:18, 37:12, 42:1, 56:10

Eight [1] - 68:10

either [3] - 19:4, 93:11,

119:5

elements [2] - 42:8, 49:13

elicit [1] - 41:15

eliminate [2] - 67:15, 69:16

email [2] - 103:13, 113:5

emailed [1] - 106:18

emanating [1] - 55:4

embarrassed [1] - 83:22

embedded [3] - 91:11,

94:3, 118:24

emergency [1] - 69:2

Emergency [4] - 66:19,

66:20, 67:6, 67:7

emerging [2] - 38:24, 44:10

Emerging [1] - 38:16

EMMA [1] - 94:19

emotion [2] - 11:15, 12:7

emotional [1] - 11:3

emotions [1] - 11:2

emphasize [2] - 56:16,

69:16

employee [6] - 41:8, 41:18,

41:20, 43:15, 50:15, 55:1

employee-engagement [1]

- 41:8

employees [11] - 39:15,

39:16, 39:19, 39:24, 40:2,

40:8, 41:9, 41:12, 42:8,

48:25, 50:16

employment [1] - 40:14

enabled [1] - 42:5

enacted [1] - 64:16

encompasses [1] - 79:6

encourage [2] - 44:7, 80:13

end [3] - 33:4, 70:13,

104:18

endorsement [1] - 20:16

Enforcement [1] - 37:15

enforcement [9] - 16:11,

16:12, 18:10, 18:15, 19:21,

20:24, 21:9, 21:19, 37:13

engaged [1] - 41:13

engagement [4] - 41:8,

41:10, 41:22, 43:15

engaging [1] - 50:16

enhanced [1] - 68:1

Enhanced [1] - 68:9

enjoy [2] - 20:16, 88:4

enlightening [1] - 62:23

enormous [1] - 52:11

enriched [1] - 15:12

enrollment [6] - 106:13,

107:14, 107:21, 108:21,

108:22, 109:3

ensure [2] - 38:11, 44:5

ensuring [1] - 38:4

enter [1] - 37:1

entering [1] - 40:18

enterprise [2] - 97:9, 112:9

enterprises [1] - 97:12

entire [1] - 51:16

entities [3] - 37:9, 38:22,

119:4

entity [1] - 95:24

environment [2] - 88:6,

103:3

Environmental [1] - 115:24

envisions [1] - 56:3

equal [1] - 79:7

equity [2] - 34:16, 36:16

Eric [5] - 79:21, 79:24,

79:25, 81:5, 81:6

error [4] - 74:25, 75:1,

83:21, 84:10

errors [2] - 72:23, 73:5

et [2] - 38:20, 94:2

evacuation [1] - 67:13

evaluate [3] - 102:16,

102:21, 102:23

evaluating [1] - 102:18

evaluation [1] - 33:23

event [2] - 94:6, 100:17

events [4] - 34:14, 94:4,

94:8, 96:11

ever-growing [1] - 56:8

Everglades [2] - 80:5,

80:13

evils [1] - 22:7

evolving [1] - 102:11

examination [3] - 36:4,

48:7, 49:12

examinations [2] - 35:10,

48:15

examined [1] - 37:9

examiner [3] - 39:9, 47:15,

49:3

example [7] - 33:19, 34:11,

35:1, 42:6, 77:24, 97:10,

102:14

exams [1] - 53:9

exceeded [2] - 31:10, 55:12

exceeding [5] - 62:5,

114:19, 115:9, 115:23,

116:12

excellence [1] - 63:10

excellent [3] - 4:8, 40:1,

42:6

except [1] - 97:17

excited [1] - 44:2

execute [5] - 91:3, 93:13,

93:20, 94:1, 95:2

executed [3] - 87:24, 93:11,

99:16

execution [1] - 90:23

EXECUTIVE [32] - 25:7,

25:21, 26:10, 27:1, 27:7,

27:12, 27:18, 28:3, 28:23,

61:6, 62:1, 62:19, 62:22,

63:17, 64:5, 64:9, 65:13,

65:15, 65:20, 72:4, 72:10,

114:6, 114:18, 115:7,

115:21, 116:10, 116:24,

117:10, 117:13, 118:5,

118:22, 119:20

exemplifies [1] - 33:14

existing [3] - 67:12, 67:25,

119:4

exists [1] - 97:25

exit [3] - 41:14, 47:12,

48:21

expect [2] - 96:4, 103:4

expectations [3] - 31:10,

40:18, 41:3

expected [4] - 55:14, 87:9,

87:19, 111:16

expenses [1] - 109:19

experience [15] - 5:20,

7:21, 8:11, 8:15, 15:12,

15:15, 18:10, 18:15, 23:14,

49:6, 49:17, 53:10, 53:12,

95:16, 102:19

experienced [2] - 10:23,

41:5

experiences [9] - 7:23,

7:25, 8:1, 15:17, 19:21, 20:2,

20:7, 22:10, 22:24

expertise [2] - 39:25, 104:7

explain [2] - 9:1, 19:18

explains [1] - 14:2

explicitly [1] - 101:22

exploration [1] - 104:6

exploring [1] - 41:19

expressed [1] - 55:5

extending [1] - 80:22

extra [1] - 97:6

extraordinarily [1] - 88:7

extremely [2] - 11:3, 22:3

eyes [1] - 20:6

F

face [1] - 36:12

facilitate [2] - 42:11, 42:22

facilities [4] - 67:9, 67:19,

68:1, 68:3

facility [3] - 70:21, 71:3,

71:6

fact [6] - 33:25, 48:6, 70:16,

94:11, 94:25, 95:18

factor [2] - 47:19, 51:1

factors [1] - 47:20

fairly [1] - 104:2

fairness [1] - 97:7

faith [2] - 114:20, 115:10

falling [1] - 70:6

falls [1] - 7:9

familiar [1] - 12:22

families [2] - 10:22, 20:3

family [6] - 6:21, 7:7, 8:17,

79:20, 80:25, 82:18

Family [8] - 78:12, 78:18,

79:1, 80:3, 80:23, 81:18,

81:23, 83:16

far [1] - 50:9

fashion [1] - 51:17

faster [5] - 31:18, 34:2,

109:17, 109:18, 109:19

fault [1] - 106:20

favor [3] - 24:11, 59:12,

59:24

favorable [3] - 6:8, 88:4,


7

88:11

FAX [1] - 1:23

FBI [1] - 19:22

FDACS [4] - 78:20, 78:25,

81:25, 82:5

Federal [13] - 28:8, 37:16,

40:10, 55:3, 55:4, 55:9, 57:6,

57:16, 77:24, 84:19, 84:20,

84:24, 85:2

federal [4] - 48:3, 48:4,

48:8, 51:7

feedback [4] - 30:25, 52:2,

52:4, 53:2

felonies [1] - 14:16

felons [2] - 15:20, 15:23

felony [2] - 14:13, 14:17

felt [1] - 46:8

few [5] - 4:21, 24:6, 42:9,

49:5, 109:8

fewer [2] - 107:25, 108:4

Fiddler's [1] - 72:24

field [3] - 5:13, 26:21, 48:14

Fifty [1] - 68:5

fighting [1] - 37:12

figure [1] - 50:14

file [9] - 26:14, 28:10,

64:11, 73:2, 74:2, 94:18,

100:15, 100:16, 100:17

filed [2] - 94:5, 100:19

files [1] - 20:1

filing [1] - 96:14

filings [1] - 100:11

filter [1] - 6:14

filtered [1] - 5:16

filters [2] - 13:13, 21:15

final [12] - 26:14, 26:15,

28:10, 28:11, 32:8, 32:14,

44:11, 44:12, 64:11, 73:3,

74:2, 83:14

finalized [1] - 36:22

finally [1] - 56:7

Finance [6] - 2:18, 86:5,

94:16, 95:15, 103:25, 119:1

FINANCE [1] - 86:1

finance [3] - 40:6, 49:18,

104:10

finances [1] - 119:5

financial [13] - 33:16,

34:18, 38:3, 40:3, 43:22,

44:8, 47:16, 49:14, 54:24,

55:21, 56:9, 108:14, 108:16

Financial [10] - 2:9, 30:4,

30:12, 30:18, 31:6, 33:13,

35:9, 37:15, 39:4, 55:15

FINANCIAL [2] - 1:10, 30:1

financings [2] - 93:9, 93:10

FinCEN [1] - 37:16

fine [2] - 45:10, 45:17

fingerprints [2] - 63:12,

65:9

Fintech [2] - 38:19, 56:3

fire [7] - 21:22, 77:14,

77:17, 77:19, 79:15, 79:18,

83:2

firearm [3] - 13:25, 14:4,

15:1

fires [1] - 77:6

first [22] - 4:15, 11:19,

11:23, 12:1, 12:6, 12:9, 18:9,

23:22, 25:10, 41:8, 42:9,

44:20, 44:22, 47:2, 48:1,

51:15, 51:18, 61:15, 70:10,

74:23, 78:11, 114:9

fiscal [10] - 34:1, 62:3,

87:25, 90:21, 91:1, 91:4,

114:19, 115:8, 115:22,

116:11

five [7] - 31:17, 32:21,

63:19, 63:20, 67:15, 95:3,

103:18

five-year [1] - 67:15

fix [4] - 74:24, 75:10,

101:12, 107:9

fixed [2] - 110:23, 111:5

fixes [1] - 113:15

flat [1] - 119:5

flatwoods [1] - 82:24

flood [1] - 70:19

Florida [48] - 2:14, 2:19,

5:2, 31:23, 34:4, 36:15,

36:25, 38:18, 38:25, 44:9,

57:19, 64:17, 64:19, 67:21,

68:13, 68:14, 68:15, 68:20,

68:23, 68:24, 69:10, 72:7,

77:5, 78:17, 78:20, 78:25,

80:19, 81:2, 81:22, 81:25,

82:5, 82:12, 89:4, 93:6,

94:12, 98:14, 112:15,

114:20, 115:9, 115:23,

115:24, 116:12, 118:9,

118:24, 118:25, 119:3

FLORIDA [6] - 1:1, 1:15,

1:23, 72:1, 93:1, 121:3

Florida's [3] - 36:8, 43:22,

69:7

Floridians [3] - 34:10,

34:21, 35:4

flow [1] - 103:1

fluctuated [1] - 31:8

fluctuation [1] - 31:24

fluctuations [2] - 38:3,

54:21

focus [5] - 32:2, 32:18,

48:18, 55:25, 82:14

focused [2] - 31:21, 52:12

fold [1] - 55:25

folks [3] - 18:12, 19:8,

47:11

followed [2] - 3:10, 113:4

footage [1] - 67:12

football [1] - 107:14

FOP [1] - 20:17

Force [1] - 38:16

foreclose [1] - 105:14

foregoing [1] - 121:6

forensic [1] - 39:22

Forest [5] - 77:5, 78:20,

78:25, 81:25, 82:5

forethought [1] - 6:22

Forever [2] - 89:4, 115:25

forget [2] - 12:10, 12:11

form [2] - 95:9, 103:25

formalized [2] - 101:19,

102:22

former [2] - 68:23, 107:23

forth [1] - 62:25

fortunate [1] - 91:12

forward [13] - 5:21, 30:16,

30:24, 37:25, 43:3, 44:14,

95:17, 96:21, 104:19,

110:12, 110:14, 111:6,

113:15

forwarded [1] - 103:14

four [5] - 25:9, 40:14,

51:16, 52:19, 73:5

Four [2] - 81:24, 82:20

FPR [3] - 1:17, 121:5,

121:11

framework [3] - 93:8,

97:14, 97:25

Frank [4] - 55:11, 57:10,

95:25, 112:23

frankly [1] - 14:7

Fraud [1] - 37:21

fraud [3] - 35:2, 37:12,

37:23

fraud-fighting [1] - 37:12

fraudulent [2] - 35:12, 37:8

friendly [1] - 34:12

front [5] - 13:11, 53:4,

56:10, 85:1, 104:25

frustrated [1] - 83:21

full [9] - 13:21, 13:25, 14:1,

14:25, 15:3, 43:23, 80:22,

114:20, 115:9

function [4] - 35:8, 93:23,

97:17, 100:8

functionality [1] - 82:16

fund [1] - 108:10

Fund [2] - 2:16, 118:25

FUND [1] - 77:2

funding [8] - 107:17,

107:18, 107:22, 108:8,

108:10, 109:9, 109:12,

109:13

fundings [1] - 99:8

fundraising [1] - 36:19

future [10] - 7:14, 23:12,

42:14, 48:23, 54:16, 84:18,

84:25, 103:17, 103:20,

112:11

G

gained [2] - 19:22, 40:8

game [1] - 107:14

gap [2] - 51:10, 51:13

gather [1] - 42:23

General [10] - 10:7, 18:7,

20:13, 25:8, 30:8, 45:24,

53:20, 61:7, 78:9, 86:7

general [4] - 67:12, 68:11,

68:12, 68:17

GENERAL [52] - 1:9, 4:20,

5:22, 9:5, 10:8, 10:16, 10:25,

13:2, 18:8, 18:18, 20:9,

23:21, 24:16, 25:14, 26:4,

27:23, 45:10, 45:21, 45:25,

53:21, 53:25, 59:9, 59:18,

61:19, 71:14, 72:14, 73:14,

74:12, 75:11, 76:3, 76:8,

76:13, 81:10, 83:7, 86:12,

88:20, 89:8, 89:24, 90:12,

91:20, 105:5, 111:3, 113:9,

114:11, 114:25, 115:14,

116:3, 116:17, 117:3,

117:23, 118:14, 119:13

General's [2] - 22:22, 35:21

generate [3] - 87:9, 87:19,

91:13

generating [2] - 86:25, 88:1

generation [1] - 41:3

gentlemen [1] - 18:24

given [7] - 8:5, 40:15, 42:5,

51:19, 102:9, 107:1, 111:12

GIVEN [1] - 3:12

go-forward [1] - 95:17

goal [2] - 38:23, 98:22

Goldilocks' [1] - 88:10

gosh [1] - 99:13

governance [2] - 117:11,

117:15

Government [2] - 37:16,

40:10

government [1] - 41:2

governor [1] - 70:8

Governor [48] - 4:20, 7:18,

9:2, 13:5, 15:3, 18:5, 18:8,

18:21, 20:12, 22:20, 23:21,

24:5, 25:8, 30:8, 44:21, 45:5,

46:1, 46:2, 46:16, 49:25,

53:18, 53:22, 54:7, 61:6,

65:5, 66:25, 71:21, 74:21,

76:3, 78:8, 80:1, 83:19, 86:6,

87:23, 90:20, 93:12, 96:15,

97:3, 97:5, 97:18, 99:5,

104:23, 105:17, 110:20,

111:3, 111:9, 111:19, 114:6

GOVERNOR [235] - 1:4,

1:9, 3:4, 4:4, 5:24, 6:2, 7:17,


8

9:3, 10:3, 13:4, 15:9, 17:3,

18:3, 18:6, 20:11, 22:19,

23:17, 23:19, 24:4, 24:8,

24:11, 24:13, 24:17, 25:3,

25:12, 25:15, 25:17, 25:19,

26:1, 26:3, 26:5, 26:8, 26:23,

27:22, 27:24, 28:1, 28:14,

28:17, 28:19, 28:21, 29:1,

30:3, 44:15, 45:9, 45:13,

45:18, 45:22, 46:4, 46:7,

46:13, 46:15, 46:18, 46:22,

47:3, 49:24, 53:20, 53:23,

54:1, 54:3, 54:5, 54:9, 54:13,

56:19, 58:3, 59:4, 59:10,

59:12, 59:14, 59:22, 59:24,

60:1, 61:3, 61:18, 61:20,

61:22, 61:24, 62:6, 62:9,

62:12, 63:3, 64:3, 64:7,

64:20, 64:22, 64:24, 65:1,

65:16, 65:19, 66:3, 66:9,

66:12, 66:14, 66:16, 66:24,

70:10, 71:9, 71:13, 71:15,

71:17, 71:22, 72:6, 72:9,

72:13, 72:15, 72:17, 72:19,

73:12, 73:15, 73:17, 73:19,

74:11, 74:13, 74:15, 74:17,

74:19, 74:22, 75:17, 75:24,

76:11, 76:14, 77:4, 77:9,

77:18, 77:20, 79:25, 81:5,

81:8, 81:11, 81:13, 81:15,

83:5, 83:8, 83:10, 83:12,

84:17, 85:5, 85:9, 85:14,

86:3, 86:10, 86:13, 86:15,

86:17, 88:18, 88:21, 88:23,

88:25, 89:6, 89:9, 89:11,

89:13, 89:22, 89:25, 90:2,

90:4, 90:10, 90:13, 90:15,

90:17, 91:16, 91:19, 91:21,

91:24, 97:1, 98:6, 98:9,

98:14, 98:20, 98:23, 99:3,

99:22, 105:3, 105:9, 105:13,

105:16, 107:10, 107:24,

108:3, 108:12, 108:19,

108:24, 109:4, 109:10,

109:15, 109:24, 110:8,

110:19, 110:22, 111:2,

111:7, 112:16, 113:7,

113:10, 113:18, 113:22,

114:3, 114:8, 114:12,

114:14, 114:16, 114:24,

115:1, 115:3, 115:5, 115:12,

115:15, 115:17, 115:19,

116:1, 116:4, 116:6, 116:8,

116:15, 116:18, 116:20,

116:22, 116:25, 117:4,

117:6, 117:8, 117:12,

117:21, 117:24, 118:1,

118:3, 118:12, 118:15,

118:17, 118:19, 119:9,

119:12, 119:14, 119:16,

119:18, 119:22

Governor's [1] - 31:14

Governors [9] - 93:10,

95:2, 95:13, 98:4, 104:19,

107:8, 110:5, 111:22, 113:13

Governors' [1] - 95:12

grace [5] - 15:1, 15:3, 15:7,

18:20, 18:22

graduation [1] - 19:22

grant [2] - 7:9, 74:8

granted [2] - 63:19, 73:10

granularity [1] - 71:1

great [14] - 4:18, 19:25,

20:7, 21:22, 23:13, 23:24,

30:11, 37:14, 57:19, 58:1,

76:8, 84:22, 84:23, 119:24

Great [1] - 77:17

greater [4] - 42:11, 50:19,

53:3, 91:6

greatest [1] - 8:2

gross [4] - 86:25, 87:9,

87:19, 88:1

groundcover [1] - 79:17

group [3] - 37:18, 38:17,

52:12

groups [3] - 51:24, 52:8,

52:13

grow [7] - 31:19, 34:3,

36:21, 69:7, 107:25, 108:13,

109:16

growing [9] - 56:8, 108:4,

109:5, 109:6, 109:12,

109:18, 109:19, 109:20

growth [2] - 44:4, 55:4

guess [1] - 85:3

guide [1] - 67:7

guidelines [4] - 107:12,

117:11, 117:16, 117:20

guys [1] - 45:20

H

habit [1] - 80:19

habitat [4] - 80:11, 80:20,

80:25, 82:23

half [5] - 40:14, 84:1, 84:14,

99:14, 99:15

hand [4] - 7:24, 11:22,

57:25, 106:7

handle [2] - 38:5, 55:9

handled [3] - 10:20, 12:20,

13:23

haphazardly [1] - 22:5

happenstance [1] - 110:4

happy [6] - 24:6, 25:23,

31:25, 48:22, 105:22, 119:7

hard [2] - 4:7, 105:19

harmed [1] - 35:5

harvesting [2] - 79:10

hazard [2] - 70:1, 70:20

HEAD [1] - 102:5

health [1] - 108:9

healthy [3] - 79:15, 79:16,

83:3

hear [2] - 47:11, 110:24

heard [4] - 12:3, 23:3,

44:22, 111:25

Hearing [1] - 118:3

hearing [36] - 25:19, 26:8,

27:19, 28:1, 28:12, 28:21,

53:13, 54:5, 61:24, 65:1,

66:16, 71:17, 72:19, 73:1,

73:7, 73:19, 73:25, 74:6,

74:17, 81:15, 83:12, 85:9,

86:17, 88:25, 89:13, 90:4,

90:17, 91:24, 114:16, 115:5,

115:19, 116:8, 116:22,

117:8, 118:19, 119:18

hearings [2] - 12:19, 26:15

heavy [1] - 57:25

heinous [1] - 6:21

help [7] - 16:9, 37:7, 41:16,

42:11, 47:14, 51:10, 58:2

helpful [1] - 112:22

helping [2] - 31:21, 32:24

helps [4] - 16:1, 31:17,

34:2, 42:23

hesitate [1] - 31:1

hi [1] - 79:25

high [2] - 11:2, 32:20

higher [4] - 27:10, 69:3,

102:16, 106:5

highest [1] - 80:6

highlight [3] - 30:14, 31:12,

33:11

highlighted [2] - 36:13,

48:16

highly [2] - 39:8, 39:16

HIGHWAY [1] - 25:1

Highway [2] - 2:8, 25:4

Hillsborough [1] - 16:13

hire [3] - 31:19, 39:7, 41:23

hired [1] - 40:19

hires [1] - 40:22

hiring [2] - 39:15, 42:1

historic [1] - 40:21

history [2] - 7:1, 23:12

hold [5] - 11:15, 12:7,

44:15, 51:5, 112:3

holds [1] - 88:11

holistic [1] - 96:20

homework [2] - 22:6, 22:16

homicide [1] - 21:1

homicides [2] - 19:5, 20:4

honesty [2] - 11:15, 14:25

hope [6] - 42:10, 47:10,

56:25, 57:8, 57:13, 88:11

hopefully [2] - 20:7, 108:22

hoping [1] - 40:21

horrible [1] - 11:2

Hospital [1] - 97:11

housing [1] - 94:1

huge [1] - 35:7

hundred [2] - 90:7, 106:13

hundreds [2] - 100:11,

100:19

hunting [1] - 79:11

hurricane [11] - 67:13,

67:16, 67:22, 67:24, 68:2,

69:17, 69:18, 69:20, 70:3,

70:4, 71:7

Hurricane [2] - 68:9, 118:25

hurricanes [1] - 69:9

hurry [1] - 91:23

I

idea [4] - 75:25, 76:12,

112:1, 112:25

ideal [1] - 47:15

ideas [2] - 45:2, 57:1

identified [1] - 33:7

identify [1] - 37:8

immediately [1] - 37:9

impact [13] - 6:19, 6:20,

7:7, 38:21, 54:19, 54:23,

56:14, 70:2, 98:10, 98:11,

98:16, 100:2, 100:6

impacts [4] - 71:2, 98:7,

118:11

implement [1] - 44:6

implementing [1] - 41:21

implicated [1] - 106:1

implication [1] - 104:4

importance [1] - 34:10

important [14] - 12:2,

12:24, 14:22, 19:12, 19:14,

22:3, 23:12, 33:9, 36:5,

36:19, 48:13, 50:21, 80:16,

103:9

importantly [1] - 39:8

improve [3] - 37:25, 41:19,

50:2

improved [2] - 32:1, 79:8

IMPROVEMENT [1] - 77:2

Improvement [1] - 2:16

improvements [1] - 32:22

improves [1] - 71:1

improving [1] - 32:23

IN [1] - 1:4

inbox [2] - 103:13, 103:15

incalculable [1] - 35:3

incarcerated [1] - 7:2

incentive [1] - 91:13

incident [2] - 100:20,

100:25

include [4] - 34:11, 34:22,

36:13, 68:13

included [3] - 30:20, 64:1,

84:1


9

includes [2] - 33:19, 36:2

including [5] - 35:21,

37:18, 38:18, 42:1, 82:23

income [5] - 108:25, 109:2,

109:4, 109:16, 109:17

incompatible [1] - 69:23

incomplete [1] - 42:25

increase [5] - 41:22, 69:5,

69:11, 91:10, 107:18

increased [3] - 32:5, 32:23,

91:9

increases [4] - 68:25,

106:10, 108:22, 119:6

increasing [1] - 38:2

increasingly [1] - 38:6

incredible [3] - 18:10,

18:14, 39:13

incredibly [1] - 31:16

INDEX [1] - 2:1

indicated [2] - 107:1,

107:19

indication [2] - 102:19,

107:1

INDICATIONS) [3] - 24:12,

59:13, 59:25

indicative [1] - 96:14

individual [1] - 52:9

individuals [3] - 16:9,

31:22, 42:21

industries [1] - 52:7

industry [16] - 33:16, 34:12,

36:1, 38:4, 39:18, 40:3,

43:23, 47:16, 52:2, 52:3,

52:9, 54:24, 55:8, 55:17,

56:14

industry's [1] - 38:5

inflows [1] - 88:8

influence [1] - 44:3

inform [1] - 84:10

information [11] - 37:11,

41:15, 41:16, 42:23, 43:25,

51:7, 93:5, 93:19, 93:21,

95:4, 99:1

informed [1] - 41:17

inherited [1] - 62:16

initial [1] - 41:11

initiative [1] - 31:15

initiatives [1] - 38:2

inmates [1] - 16:20

innovation [1] - 56:1

innovative [1] - 55:22

input [1] - 110:15

insights [2] - 8:1, 22:25

instances [1] - 70:23

institution [1] - 112:14

institutional [2] - 8:21,

97:13

institutions [1] - 104:10

instructed [1] - 101:15

instructing [1] - 95:10

Insurance [1] - 37:21

insurance [2] - 52:22

integrated [1] - 56:5

intelligence [1] - 37:6

intend [2] - 57:13, 104:22

intended [1] - 104:1

intensity [1] - 79:9

interacting [2] - 52:13,

102:19

interaction [2] - 95:11,

95:14

interest [8] - 37:14, 86:23,

86:24, 87:7, 87:8, 87:17,

87:18, 88:5

Internal [1] - 2:16

internal [1] - 42:1

INTERNAL [1] - 77:2

interrogation [1] - 19:24

interspersed [1] - 82:24

interview [1] - 16:20

INTERVIEW [2] - 10:1, 18:1

interviewing [2] - 19:24,

21:16

interviews [6] - 11:10,

16:22, 41:14, 47:13, 48:21

introducing [1] - 88:14

introduction [1] - 88:14

invaluable [1] - 34:20

inventory [1] - 69:19

invested [1] - 88:9

investigation [2] - 22:6,

35:13

Investigations [1] - 35:9

investigations [3] - 12:18,

14:12, 35:14

investigative [2] - 12:15,

23:7

investigator [3] - 10:18,

10:22, 15:22

Investment [2] - 117:18,

119:1

investment [3] - 32:11,

35:2, 49:15

investors [1] - 100:22

invitation [1] - 105:18

INVOCATION [1] - 3:12

invocation [2] - 3:7, 3:8

involved [4] - 8:17, 41:13,

96:10, 98:2

involvement [2] - 23:11,

38:15

Irlo [1] - 82:18

isolated [1] - 100:24

issuance [4] - 88:16, 89:3,

89:15, 89:17

issue [18] - 15:4, 32:10,

55:14, 57:4, 75:22, 76:7,

93:20, 93:22, 95:1, 96:15,

96:24, 102:1, 103:12,

103:21, 104:22, 107:7,

108:24, 109:1

issued [6] - 34:8, 73:7,

94:14, 94:15, 101:11, 106:1

issuer [2] - 93:15, 103:4

issuers [2] - 97:17, 104:12

issues [7] - 38:7, 47:21,

47:23, 78:2, 103:6, 104:5,

109:3

issuing [2] - 103:23, 103:24

item [36] - 25:13, 25:21,

26:11, 26:24, 28:15, 62:1,

64:10, 66:6, 66:10, 66:22,

71:11, 73:13, 74:23, 79:22,

80:4, 81:7, 81:9, 82:2, 83:4,

83:6, 83:14, 84:12, 85:2,

86:11, 88:15, 88:19, 89:7,

89:23, 90:11, 91:12, 93:5,

115:13, 116:2, 116:16,

117:22, 118:13

Item [21] - 28:4, 66:18,

72:10, 72:21, 73:21, 81:17,

86:8, 86:19, 87:13, 89:2,

89:15, 90:6, 114:19, 115:8,

115:22, 116:11, 117:9,

117:10, 117:13, 118:6,

118:23

items [9] - 25:9, 33:6,

61:14, 66:5, 69:25, 75:13,

78:10, 80:3, 85:12

itself [1] - 71:6

J

January [2] - 102:14,

114:10

JB [5] - 80:4, 80:15, 80:21,

83:14, 83:25

JEFF [1] - 1:10

Jim [4] - 77:5, 77:6, 83:17,

85:14

job [18] - 4:13, 4:23, 10:9,

10:16, 11:4, 15:6, 18:14,

21:22, 23:13, 39:23, 40:21,

41:9, 42:9, 42:11, 42:12,

80:10, 80:18, 100:12

jobs [2] - 36:21, 40:20

join [1] - 20:7

joint [2] - 48:7, 84:3

Joint [1] - 118:7

Jonathan [2] - 66:21, 66:23

Jordyn [1] - 3:9

joyful [1] - 53:9

Judd [1] - 20:17

Judge [1] - 74:5

judge [1] - 19:25

judged [2] - 16:3, 62:16

judges [1] - 16:1

judgment [3] - 98:19,

100:1, 100:22

July [2] - 31:21, 59:7

justification [1] - 97:22

K

KARELS [9] - 77:8, 77:11,

77:19, 77:23, 81:6, 81:17,

83:14, 83:18, 85:12

Karels [2] - 2:17, 77:5

Kate [1] - 3:11

keep [9] - 38:11, 39:3,

43:23, 43:24, 44:6, 50:11,

50:21, 76:2, 113:2

key [1] - 7:25

kickoff [1] - 107:13

killers [2] - 19:6, 19:11

kind [5] - 7:2, 21:12, 77:16,

103:16, 111:15

kinds [1] - 22:2

knowledge [2] - 39:18, 40:3

known [4] - 68:9, 98:14,

106:24

Kruse [3] - 2:13, 2:15, 66:4

KRUSE [14] - 66:5, 66:18,

71:20, 72:4, 72:8, 72:10,

72:21, 73:21, 74:20, 75:4,

75:22, 76:6, 76:9, 76:15

L

Labor's [1] - 40:12

lack [3] - 40:22, 102:19,

103:12

lake [1] - 77:20

Lake [1] - 79:4

Land [2] - 2:14, 72:7

LAND [1] - 72:1

land [4] - 80:8, 80:20, 81:1,

81:2

Lands [8] - 78:12, 78:19,

79:1, 80:3, 80:24, 81:18,

81:24, 83:16

lands [3] - 78:16, 79:8,

81:21

landscape [4] - 82:15,

95:23, 97:21, 102:12

landscape-sized [1] - 82:15

landscaping [1] - 79:11

large [3] - 40:7, 79:6, 82:25

last [15] - 8:22, 14:3, 15:19,

18:25, 61:12, 65:7, 65:10,

78:3, 101:10, 102:10, 106:1,

106:14, 107:5, 107:6, 109:8

lastly [4] - 57:8, 87:13,

90:20, 93:3

late [4] - 94:25, 96:14,

101:8, 104:15

launch [1] - 34:17

launched [3] - 36:25, 38:16,


10

41:7

law [10] - 16:11, 16:12,

18:10, 18:15, 19:21, 20:24,

21:9, 21:19, 37:13, 38:21

Law [1] - 74:5

Laws [2] - 64:17, 64:18

laws [3] - 93:18, 97:10,

100:14

laying [1] - 105:7

lead [2] - 3:7, 5:21

leader [1] - 33:10

leadership [9] - 33:5, 33:7,

34:19, 36:9, 39:1, 41:24,

44:11, 53:4, 53:15

learn [5] - 5:8, 8:24, 11:8,

12:14, 41:8

learned [2] - 47:12, 95:16

learning [3] - 63:20,

111:14, 111:15

leases [1] - 79:12

least [2] - 70:4, 95:18

leave [1] - 65:4

leaving [1] - 47:14

led [4] - 3:9, 13:17, 103:7,

104:14

Lee [2] - 79:19

legal [2] - 72:23, 73:5

legally [1] - 76:5

legislation [2] - 34:16,

36:16

Legislative [1] - 118:7

legislative [2] - 57:2,

113:15

Legislature [1] - 65:12

legitimate [3] - 97:8, 97:15,

104:3

lender [2] - 32:4, 43:10

lending [4] - 55:14, 55:16,

56:23, 57:11

LEON [1] - 121:3

Leon [3] - 61:4, 65:3, 65:19

less [1] - 108:5

letter [9] - 11:17, 11:18,

12:1, 12:9, 32:11, 42:24,

95:9, 101:24, 118:6

level [2] - 41:9, 70:5

LEVEL [1] - 1:15

levels [3] - 6:14, 44:3,

49:16

leverage [1] - 40:2

license [7] - 28:7, 31:13,

31:16, 32:4, 33:21, 42:23,

52:22

licensed [3] - 31:22, 37:1,

38:23

licensees [2] - 35:25, 54:23

licenses [2] - 31:20, 52:11

licensing [4] - 33:20, 33:22,

36:23, 52:21

licensure [1] - 32:25

life [5] - 16:25, 19:6, 22:24,

35:6

lifetime [1] - 21:13

lightly [1] - 15:5

limited [2] - 88:9, 100:9

line [3] - 38:10, 91:12,

100:15

lines [1] - 36:7

list [4] - 70:22, 79:2, 82:10,

112:18

literacy [1] - 34:18

literally [1] - 80:19

live [1] - 8:25

lives [1] - 20:18

living [1] - 20:2

LLC [3] - 78:19, 81:24,

82:20

loan [1] - 39:20

local [3] - 67:8, 69:1, 84:4

located [3] - 79:3, 82:2,

82:11

location [3] - 67:11, 71:3,

71:5

LOCATION [1] - 1:14

locked [1] - 20:5

Lonesome [5] - 80:4,

81:17, 81:22, 82:9, 82:10

long-term [3] - 36:10,

37:24, 38:9

longevity [1] - 50:2

look [13] - 6:12, 6:18, 6:25,

7:1, 8:19, 14:19, 37:25, 45:1,

48:9, 50:4, 56:12, 108:10,

110:14

looked [2] - 22:4, 108:8

looking [6] - 6:8, 43:4,

43:20, 47:15, 54:17, 63:23

loop [1] - 42:15

Lord [1] - 66:21

LORD [3] - 66:25, 70:24,

71:19

Lori [10] - 2:5, 4:10, 10:4,

10:5, 10:6, 10:9, 15:11, 17:3,

24:15, 24:18

LORI [1] - 10:1

lose [1] - 48:4

losing [1] - 35:6

loud [1] - 12:5

love [4] - 5:1, 12:22, 21:22,

47:11

loved [1] - 11:1

low [2] - 79:9, 86:22

LOWER [1] - 1:15

lower [1] - 27:10

lowered [1] - 106:15

lowering [2] - 27:6, 27:14

lying [2] - 78:16, 81:21

M

ma'am [3] - 18:17, 19:20,

20:10

magnitude [1] - 99:12

main [1] - 5:18

maintain [3] - 36:7, 69:19,

100:16

maintained [1] - 81:1

maintaining [4] - 32:21,

80:11, 82:15, 98:24

maintenance [1] - 70:5

major [1] - 69:9

manage [2] - 93:24, 96:19

managed [3] - 79:8, 82:14,

83:1

management [1] - 100:8

Management [1] - 66:20

managers [3] - 41:10,

41:13, 69:2

managing [2] - 80:20, 95:7

manifested [1] - 21:12

manner [1] - 8:8

manual [1] - 42:7

maps [4] - 70:1, 70:16,

70:19, 70:20

March [4] - 61:16, 66:8,

86:9, 114:10

Marion [1] - 79:4

Mark [5] - 66:4, 74:19,

75:17, 76:4, 76:14

mark [1] - 103:17

market [5] - 58:2, 88:4,

94:8, 94:20, 100:7

marketplace [4] - 93:19,

95:3, 98:19, 100:10

markets [2] - 98:25, 103:23

marshes [2] - 79:7, 82:25

Martina [1] - 82:20

mass [1] - 69:23

material [3] - 100:17,

118:10, 118:11

materials [1] - 79:11

matter [2] - 47:19, 103:7

maximum [2] - 16:19, 90:25

MAY [1] - 1:13

McGregor [1] - 3:7

mean [14] - 20:21, 26:25,

27:9, 45:11, 51:4, 100:11,

100:12, 104:1, 105:14,

109:11, 109:12, 109:19,

112:6, 112:20

means [4] - 19:6, 93:20,

96:1, 103:16

meant [2] - 10:11, 19:7

measurable [3] - 33:18,

35:7

measure [2] - 31:8, 39:2

Measure [8] - 31:12, 32:3,

32:10, 42:17, 43:4, 43:7,

43:14, 43:15

measurement [1] - 34:25

measures [14] - 30:23,

31:4, 31:6, 31:23, 32:1,

32:19, 33:3, 42:16, 43:13,

43:19, 54:12, 62:5, 63:22,

69:25

Measures [2] - 31:24, 43:11

measuring [1] - 42:17

Medical [1] - 27:15

meet [6] - 4:11, 16:8, 52:8,

67:10, 68:7, 70:15

meeting [17] - 3:5, 3:6,

15:19, 25:11, 45:15, 61:17,

62:4, 63:5, 63:13, 66:8,

72:12, 75:21, 76:10, 86:9,

113:20, 119:23, 119:24

MEETING [3] - 1:4, 1:14,

120:1

meetings [2] - 12:20,

117:19

meets [2] - 73:9, 74:7

Melinda [1] - 59:19

member [1] - 23:8

members [3] - 8:17, 52:1,

114:7

MEMBERS [1] - 1:9

membership [1] - 53:16

mentioned [8] - 11:10,

15:11, 39:1, 47:25, 70:12,

70:14, 102:11, 106:12

mentoring [1] - 41:18

mercy [1] - 18:22

merging [1] - 38:8

merit [2] - 45:3, 104:6

met [1] - 111:3

methods [1] - 55:22

metrics [3] - 100:13, 102:15

METZKE [3] - 1:17, 121:5,

121:11

microphone [2] - 50:5,

61:12

middle [1] - 78:1

midway [1] - 49:1

might [7] - 7:21, 14:12,

35:4, 45:5, 57:9, 75:25,

110:20

miles [1] - 82:12

Millennials [1] - 40:19

million [24] - 68:5, 83:24,

84:1, 84:14, 86:21, 87:1,

87:2, 87:5, 87:10, 87:11,

87:14, 87:20, 88:2, 88:16,

89:4, 89:18, 89:20, 90:8,

109:13, 115:9, 115:23,

116:12

mind [3] - 7:22, 21:15, 76:4

mine [1] - 37:7

minimal [1] - 26:21


11

minimum [2] - 26:20, 40:5

minor [1] - 64:14

minus [1] - 106:3

minute [5] - 25:11, 46:1,

56:21, 101:10, 102:10

minutes [8] - 54:16, 54:18,

61:16, 66:7, 72:11, 86:8,

114:8, 114:9

mischief [1] - 14:16

misdemeanors [1] - 14:14

mission [1] - 43:21

mixed [1] - 89:15

mobile [2] - 38:19, 56:4

model [1] - 70:2

modeling [2] - 71:1, 71:4

models [1] - 70:2

modest [1] - 119:6

Moffitt [1] - 97:11

moisture [2] - 78:3, 78:5

monetary [1] - 88:5

money [7] - 50:6, 50:7,

51:1, 84:20, 88:8, 89:16,

89:19

monitor [3] - 39:2, 54:23,

56:6

monitoring [4] - 31:5, 38:8,

78:21, 82:1

monthly [1] - 118:9

months [1] - 42:9

morning [17] - 3:4, 10:5,

18:4, 18:5, 25:6, 25:7, 30:6,

30:7, 66:5, 66:24, 66:25,

67:4, 78:8, 79:25, 86:6,

111:4

morning's [1] - 3:7

mortgage [4] - 32:4, 39:21,

43:9, 52:3

mortgages [1] - 55:20

most [7] - 20:18, 31:23,

39:7, 41:5, 63:24, 80:16,

99:18

mostly [1] - 19:5

motion [68] - 23:20, 24:13,

25:12, 25:19, 26:1, 26:8,

26:23, 28:1, 28:14, 28:21,

46:24, 53:24, 54:5, 59:8,

59:17, 61:18, 61:24, 62:6,

63:8, 64:4, 64:20, 65:1, 66:9,

66:16, 71:11, 71:17, 72:13,

72:19, 73:12, 73:19, 74:11,

74:17, 81:8, 81:15, 83:5,

83:12, 85:5, 85:9, 86:10,

86:17, 88:18, 88:25, 89:6,

89:13, 89:22, 90:4, 90:10,

90:17, 91:16, 91:25, 114:10,

114:16, 114:24, 115:5,

115:12, 115:19, 116:1,

116:8, 116:15, 116:22,

117:2, 117:8, 117:21, 118:3,

118:12, 118:19, 119:12,

119:18

motivates [1] - 8:8

Motor [3] - 2:8, 25:5, 28:8

MOTOR [1] - 25:1

move [20] - 24:1, 59:18,

61:19, 71:12, 73:14, 81:10,

83:7, 84:16, 89:24, 90:12,

91:18, 108:20, 114:11,

115:14, 116:3, 116:17,

117:3, 117:23, 118:14,

119:13

moved [16] - 25:14, 26:2,

27:21, 28:16, 53:25, 59:9,

62:7, 64:21, 66:11, 72:14,

74:12, 86:12, 88:20, 89:8,

103:19, 114:25

moving [8] - 30:16, 30:24,

42:14, 72:4, 72:5, 72:6,

107:22, 110:12

MR [32] - 18:5, 18:17,

19:20, 20:10, 20:20, 20:23,

21:3, 21:18, 23:6, 23:18,

66:5, 66:18, 66:25, 70:24,

71:19, 71:20, 72:8, 72:21,

73:21, 74:20, 75:4, 75:22,

76:6, 77:8, 77:11, 77:23,

80:1, 81:6, 81:17, 83:14,

83:18, 85:12

MS [13] - 4:19, 4:25, 5:23,

6:11, 8:4, 9:4, 10:15, 10:24,

11:5, 13:3, 13:19, 15:19,

17:4

multifaceted [1] - 48:1

multiple [2] - 21:1, 37:17

muni [3] - 88:6, 88:8, 94:20

Municipal [1] - 94:5

murder [1] - 11:1

must [2] - 67:10, 109:17

N

NANCY [3] - 1:17, 121:5,

121:11

[email protected] [1] -

1:24

narrative [1] - 51:19

narrow [1] - 51:10

nasty [1] - 77:17

national [5] - 27:3, 27:14,

32:18, 44:3, 106:14

National [2] - 3:10, 19:23

NATIONAL [1] - 3:13

native [5] - 79:6, 79:10,

79:17, 82:23, 83:1

natural [1] - 82:23

nature [1] - 6:19

necessarily [2] - 35:6,

75:14

necessary [4] - 38:5, 70:6,

91:3, 99:2

need [23] - 4:21, 8:18,

14:10, 14:23, 14:24, 23:22,

37:9, 39:24, 50:8, 50:17,

53:1, 57:2, 59:14, 68:18,

69:16, 69:19, 75:15, 94:25,

95:11, 95:17, 96:1, 96:15,

113:16

needed [8] - 26:17, 28:13,

30:15, 38:13, 42:8, 49:17,

67:14, 99:2

needs [11] - 38:11, 41:4,

42:3, 67:13, 68:22, 69:1,

69:4, 94:8, 95:13, 104:17,

105:1

negotiated [2] - 78:24, 82:4

neighborhood [1] - 21:10

Network [1] - 37:16

never [4] - 6:24, 12:10,

74:25

new [33] - 15:16, 36:19,

37:6, 39:15, 39:18, 40:22,

41:2, 41:6, 41:19, 42:7,

42:10, 43:13, 45:2, 48:25,

55:9, 55:22, 55:23, 58:1,

67:8, 67:19, 68:2, 68:6, 71:4,

89:16, 89:19, 101:2, 101:5,

102:15, 104:9, 107:9,

107:12, 112:24

new-world [1] - 104:9

newly [1] - 40:19

news [1] - 40:17

next [28] - 4:4, 10:3, 11:22,

18:3, 24:2, 25:3, 30:3, 45:15,

61:3, 63:5, 63:13, 65:12,

66:3, 71:4, 72:6, 75:20, 76:9,

77:4, 86:3, 88:15, 91:4, 93:4,

95:3, 103:18, 107:21,

113:19, 114:3, 119:24

nice [1] - 78:2

nine [1] - 38:17

NO [25] - 2:2, 24:10, 25:18,

26:7, 28:20, 54:4, 64:25,

71:10, 72:18, 73:18, 74:16,

81:14, 83:11, 85:8, 86:16,

88:24, 89:12, 90:3, 90:16,

91:22, 114:15, 115:18,

116:21, 117:7, 118:18

NODDED [1] - 102:5

nonbank [1] - 38:22

none [30] - 25:19, 26:8,

28:1, 28:21, 54:5, 61:24,

65:1, 66:16, 71:17, 72:19,

73:19, 74:17, 81:15, 83:12,

85:9, 86:17, 88:25, 89:13,

90:4, 90:17, 91:24, 114:16,

115:5, 115:19, 116:8,

116:22, 117:8, 118:3,

118:19, 119:18

nonmeasurable [1] - 33:18

norm [1] - 40:21

normal [2] - 37:10, 39:12

normally [2] - 98:8, 102:21

north [1] - 68:13

NORTH [1] - 93:1

North [3] - 2:19, 93:6, 94:12

northeast [2] - 68:14, 82:11

northern [2] - 80:5, 80:13

nose [1] - 101:19

noted [3] - 35:8, 107:15,

107:17

notes [1] - 121:6

notice [12] - 26:12, 26:16,

28:5, 28:12, 94:5, 94:8,

94:19, 95:3, 96:13, 101:24,

103:12, 104:14

notices [5] - 12:19, 72:22,

73:2, 73:22, 74:1

notified [7] - 94:10, 94:22,

95:12, 95:13, 96:5, 101:16,

107:3

notify [2] - 96:7, 101:15

notifying [1] - 101:2

nowhere [1] - 78:1

NRCS [4] - 84:2, 84:3, 84:4

number [8] - 31:13, 42:18,

43:2, 43:9, 75:23, 91:5,

93:16, 106:8

Number [5] - 26:18, 28:4,

54:21, 81:17, 86:8

numbers [2] - 50:17,

106:25

nurture [1] - 36:5

O

objections [33] - 24:9,

25:17, 26:6, 27:24, 28:19,

54:3, 61:22, 64:4, 64:24,

66:14, 70:11, 71:15, 72:17,

73:17, 74:15, 81:13, 83:10,

85:7, 86:15, 88:23, 89:11,

90:2, 90:15, 91:21, 114:14,

115:3, 115:17, 116:6,

116:20, 117:6, 118:1,

118:17, 119:16

objective [1] - 54:12

obsolescence [1] - 69:22

obviously [4] - 13:25,

50:20, 54:21, 76:6

occasionally [1] - 43:1

occur [1] - 94:4

occurred [1] - 96:12

occurring [1] - 95:14

odd [1] - 18:25

OF [15] - 1:1, 1:4, 1:11,

3:13, 10:1, 18:1, 30:1, 61:1,

77:1, 86:1, 93:1, 114:1,

121:3, 121:3

offender [3] - 7:2, 8:10,

13:10


12

OFFENDER [2] - 4:2, 59:2

Offender [4] - 2:3, 4:6,

59:5, 59:16

offenders [2] - 10:18, 12:17

offenses [1] - 13:12

offer [4] - 21:21, 51:17,

53:11, 70:8

offering [2] - 52:25, 93:21

OFFICE [2] - 1:22, 30:1

office [5] - 11:7, 57:6, 65:6,

76:4, 96:18

Office [6] - 2:9, 16:14, 30:4,

30:12, 33:12, 35:21

OFFICER [1] - 1:10

offices [2] - 75:20, 76:7

OFR [18] - 31:14, 31:20,

33:24, 34:7, 35:8, 35:17,

36:21, 38:4, 38:11, 39:11,

40:4, 40:9, 40:11, 40:25,

41:5, 41:7, 41:12, 41:21

OFR's [8] - 31:5, 31:7,

32:19, 34:11, 35:1, 35:24,

35:25, 37:11

often [1] - 21:11

oftentimes [1] - 8:19

old [1] - 107:7

ON [2] - 4:1, 59:1

on-line [1] - 38:10

on-the-job [2] - 39:23,

42:11

once [2] - 35:15, 93:23

One [1] - 106:11

one [41] - 6:17, 11:1, 11:10,

20:2, 25:10, 31:14, 35:5,

42:6, 46:1, 50:4, 52:19,

53:13, 54:10, 68:5, 68:18,

71:3, 77:11, 77:13, 77:24,

78:11, 78:14, 80:6, 80:8,

80:15, 81:19, 83:17, 83:20,

94:4, 94:8, 97:24, 98:10,

100:10, 100:12, 102:18,

104:25, 109:2, 111:25,

112:12, 112:13

ones [4] - 16:2, 16:24, 19:9,

106:5

ongoing [2] - 36:11, 39:7

online [3] - 36:22, 42:4,

55:20

open [2] - 20:6, 36:7

Open [1] - 73:23

operate [1] - 104:8

operated [1] - 82:18

operating [9] - 108:25,

109:2, 109:4, 109:16,

109:17, 109:19, 112:7,

112:11, 119:4

operation [2] - 79:9, 82:14

operational [1] - 108:8

operations [2] - 69:23,

108:11

opinion [1] - 55:6

opinions [1] - 16:4

opportunities [1] - 88:13

opportunity [10] - 4:11,

22:2, 30:13, 33:11, 61:10,

62:15, 63:15, 67:5, 102:9,

105:15

opposed [1] - 106:21

option [2] - 78:14, 81:20

order [3] - 16:1, 99:11,

104:9

orderly [1] - 96:8

Organization [1] - 93:14

organization [1] - 80:7

oriented [1] - 23:9

Osceola [4] - 78:22, 79:4,

82:2, 82:11

otherwise [2] - 35:4, 70:21

ought [2] - 76:1, 113:14

ourselves [1] - 113:2

outcome [2] - 102:2, 102:8

outcomes [2] - 30:21,

32:16

outlay [1] - 115:11

outreach [7] - 23:14, 34:5,

34:12, 34:13, 34:14, 36:2,

36:6

outside [1] - 77:17

outstanding [5] - 4:13,

87:8, 94:14, 94:15, 96:3

overall [3] - 107:24, 108:12,

109:5

oversees [1] - 39:11

oversight [1] - 64:13

overwhelming [1] - 56:2

owe [1] - 50:3

own [2] - 11:15, 12:7

owned [1] - 82:19

owners [1] - 80:20

P

pace [1] - 38:11

PAGE [1] - 2:2

page [3] - 11:17, 11:18,

106:6

pages [1] - 55:12

palmetto [1] - 82:24

Palms [1] - 73:23

PAM [1] - 1:9

panther [2] - 80:19, 80:21

paper [1] - 8:16

papers [1] - 100:4

paragraph [1] - 11:24

parcel [1] - 74:4

parcels [1] - 80:16

pardon [3] - 13:25, 14:25,

15:3

pardons [1] - 13:22

parking [1] - 94:1

parole [4] - 12:16, 12:25,

16:21, 19:7

Parole [8] - 4:6, 5:12,

10:13, 18:24, 19:1, 19:19,

20:15, 24:3

part [3] - 102:3, 103:10,

114:9

participation [1] - 100:7

particular [1] - 93:22

parties [2] - 51:5, 74:5

partner [5] - 37:12, 37:20,

84:10, 84:19, 84:20

partners [3] - 35:20, 69:15,

84:24

passage [1] - 34:15

passed [1] - 36:16

passes [1] - 24:13

passion [1] - 6:23

past [5] - 30:14, 31:4, 34:9,

67:23, 106:9

pastures [1] - 83:1

patch [1] - 109:23

path [1] - 8:9

paths [2] - 5:8, 5:9

patrol [1] - 23:9

pay [4] - 40:11, 47:19, 48:5,

48:8

payday [1] - 55:14

payment [3] - 38:9, 38:11,

38:18

payments [1] - 38:24

Payments [1] - 38:16

PD [1] - 18:11

peak [1] - 78:3

PECO [2] - 87:14, 88:17

peers [1] - 40:4

penalty [2] - 19:10

people [21] - 5:7, 5:9, 8:5,

8:7, 8:20, 10:11, 20:22,

20:25, 24:6, 31:19, 32:25,

34:4, 47:13, 48:9, 48:12,

49:19, 52:6, 52:9, 52:12,

52:21, 111:14

People [1] - 21:20

people's [1] - 20:18

per [1] - 27:14

percent [1] - 68:5

perfect [1] - 100:20

perform [2] - 39:20, 93:23

performance [17] - 12:21,

23:1, 25:23, 30:18, 31:6,

31:8, 32:19, 33:3, 42:16,

43:18, 62:3, 63:10, 100:13,

107:18, 109:8, 109:11,

109:13

performance-based [2] -

12:21, 107:18

performed [1] - 33:24

performing [1] - 32:20

performs [1] - 36:1

period [3] - 8:5, 67:15,

94:23

periodically [1] - 52:8

peripheral [1] - 27:1

permission [1] - 72:5

perpetual [3] - 78:15,

81:20, 82:6

person [13] - 6:24, 8:16,

11:19, 12:1, 12:6, 12:10,

22:12, 35:5, 37:5, 51:15,

103:15, 113:1, 113:2

personally [5] - 4:11,

15:12, 52:1, 53:3, 53:14

perspective [8] - 7:20,

16:2, 16:5, 16:10, 16:11,

16:13, 96:20, 96:23

petition [2] - 73:8, 74:7

phenomenal [1] - 33:22

phone [1] - 112:2

phones [1] - 56:5

phonetics) [1] - 3:11

pick [3] - 48:9, 78:6, 112:2

picked [2] - 78:2, 109:8

picture [2] - 24:18, 24:19

piece [2] - 55:6, 57:4

pizza [1] - 51:5

place [4] - 53:13, 99:8,

101:8, 112:13

placed [1] - 32:2

plan [7] - 30:16, 43:20,

47:10, 67:11, 67:14, 69:3,

70:8

Plan [4] - 66:19, 67:6, 67:7,

119:1

planned [1] - 107:2

Planning [1] - 68:10

planning [1] - 67:8

plans [2] - 30:23, 42:14

plant [1] - 79:11

play [2] - 40:7, 100:8

played [1] - 22:24

pleasure [1] - 30:10

Pledge [1] - 3:9

PLEDGE [1] - 3:13

plus [3] - 5:2, 35:14, 40:1

PO&M [1] - 108:9

point [11] - 18:21, 35:14,

42:14, 49:11, 50:16, 50:22,

50:25, 51:9, 55:13, 84:23,

112:17

police [2] - 21:23, 23:10

Police [1] - 18:16

policies [1] - 97:21

policing [1] - 23:9

policy [7] - 44:3, 88:5,

101:2, 101:5, 103:19,

103:22, 104:20

Ponzi [1] - 35:3


13

population [7] - 56:8,

67:12, 68:12, 68:17, 69:7,

69:10, 69:12

portal [1] - 36:23

portfolios [1] - 39:20

portion [2] - 50:7, 79:5

position [5] - 12:12, 19:12,

20:16, 108:14, 108:16

positively [1] - 107:17

possibility [1] - 19:7

possible [2] - 8:3, 16:10

possibly [1] - 69:12

POST [1] - 1:22

post [2] - 95:24, 112:23

postmortem [1] - 111:13

potential [3] - 35:11, 38:21,

95:20

potentially [2] - 98:21,

100:5

practices [1] - 57:12

prairie [1] - 79:7

prairies [1] - 82:24

preexisted [1] - 97:9

prefer [1] - 105:22

preferences [1] - 44:23

premeditation [1] - 6:22

Prepaid [1] - 119:3

preparation [1] - 69:2

prepared [2] - 15:16, 19:25

preparedness [1] - 38:3

prepares [2] - 15:17, 20:5

prescribed [2] - 79:15, 83:2

present [6] - 67:5, 87:1,

87:10, 87:20, 88:2, 91:15

PRESENTATION [1] - 93:1

presentation [4] - 30:21,

31:1, 33:4, 37:19

presentations [1] - 37:17

presented [1] - 45:6

presenting [1] - 98:3

presents [1] - 39:13

preserve [1] - 80:7

preserved [1] - 82:8

President [9] - 103:8,

105:11, 105:21, 110:18,

111:4, 111:10, 111:25,

113:8, 113:9

PRESIDENT [15] - 105:17,

107:12, 108:2, 108:6,

108:15, 108:21, 109:1,

109:6, 109:14, 109:21,

110:2, 110:16, 110:24,

111:18, 113:4

presumably [1] - 97:5

presumptive [2] - 12:16,

16:21

pretty [5] - 57:17, 104:5,

106:3, 109:12, 110:6

prevent [1] - 103:20

prevented [1] - 101:8

prevents [1] - 58:1

previous [1] - 47:17

previously [4] - 19:7,

68:21, 71:7, 83:24

price [3] - 78:23, 80:22,

82:3

priceless [1] - 35:25

primarily [2] - 68:25, 90:22

primary [1] - 82:17

Prime [1] - 118:9

principal [4] - 87:2, 87:11,

87:21, 87:25

principles [1] - 117:15

priorities [5] - 34:15, 36:10,

36:13, 37:24, 80:6

priority [3] - 38:9, 39:3,

54:25

prison [2] - 5:9, 35:19

prisons [2] - 16:19, 16:20

private [3] - 40:9, 80:20,

81:1

privilege [1] - 52:20

probation [1] - 5:3

problem [3] - 75:15, 84:24,

101:13

problems [1] - 81:2

procedures [1] - 64:16

proceed [2] - 110:14,

112:23

proceedings [1] - 121:6

process [12] - 12:15, 13:14,

22:11, 30:20, 33:20, 39:5,

39:14, 40:7, 42:22, 49:7,

102:12, 112:13

processes [2] - 36:5, 107:9

produces [1] - 79:15

product [1] - 58:1

production [1] - 70:5

productive [1] - 80:12

products [3] - 55:20, 55:23,

57:20

professionals [2] - 36:8,

44:8

proficiency [1] - 42:13

proficient [1] - 39:10

program [3] - 23:10, 36:23,

82:8

Program [7] - 78:13, 78:19,

79:1, 80:24, 81:19, 81:24,

83:16

programs [2] - 41:18, 41:22

progress [2] - 39:2, 69:14

project [4] - 79:1, 81:22,

82:9, 107:2

Project [1] - 78:17

projected [1] - 69:11

projects [4] - 80:14, 81:4,

107:6

prompt [1] - 35:24

prone [1] - 7:3

proper [2] - 93:25, 103:22

property [4] - 64:13, 79:5,

79:13, 79:14

proposal [2] - 75:19, 75:21

propose [1] - 43:12

proposed [4] - 26:12, 28:5,

64:14, 82:7

prosecution [1] - 35:20

Prosecution [1] - 35:22

prosecutor [2] - 19:13,

35:16

prosecutors [2] - 20:4, 22:1

protect [1] - 55:25

protecting [1] - 33:16

protection [5] - 34:22,

34:24, 38:21, 56:7, 69:24

Protection [5] - 55:15, 68:9,

78:13, 81:19, 115:24

protects [1] - 44:4

protocol [1] - 96:6

protocols [1] - 101:25

proud [1] - 32:16

provide [6] - 22:25, 34:3,

34:21, 42:2, 93:18, 95:5

provided [3] - 30:17, 93:21,

95:4

provides [2] - 35:3, 67:7

providing [3] - 37:6, 56:23,

99:1

Public [2] - 67:19, 68:8

public [23] - 5:2, 5:16, 6:15,

6:16, 67:8, 67:10, 67:13,

67:16, 68:1, 68:3, 68:6,

68:12, 69:13, 69:17, 70:4,

70:21, 73:1, 73:7, 73:25,

74:6, 104:10, 115:10, 117:19

publish [4] - 26:12, 28:5,

72:22, 73:22

published [1] - 102:14

pull [2] - 49:4, 49:5

pulled [3] - 84:7, 84:11,

106:5

pulling [1] - 49:2

purchase [4] - 80:22,

83:25, 84:3, 84:12

pursue [1] - 88:13

put [9] - 5:15, 6:4, 11:22,

16:24, 21:5, 43:3, 51:20,

62:25, 101:23

Putnam [5] - 30:9, 34:6,

61:8, 78:9, 105:20

PUTNAM [56] - 1:11, 6:1,

6:3, 7:16, 13:5, 15:8, 20:12,

20:21, 20:24, 21:4, 22:18,

24:5, 26:25, 27:5, 27:8,

27:17, 27:21, 28:18, 46:16,

47:1, 47:5, 48:24, 49:23,

59:11, 62:7, 62:14, 62:21,

63:2, 63:8, 64:2, 64:23, 65:4,

65:14, 65:18, 66:13, 70:12,

71:8, 71:12, 74:21, 74:23,

75:9, 76:2, 83:17, 83:19,

84:22, 91:23, 99:24, 101:1,

101:7, 102:5, 103:5, 105:2,

110:11, 110:17, 112:17,

117:5

puts [1] - 84:20

putting [1] - 63:12

Q

Qualifications [2] - 4:7,

20:15

qualified [2] - 39:8, 41:23

quality [1] - 53:11

quantifiable [1] - 34:25

quantifies [2] - 67:11,

67:14

quantitative [1] - 102:15

quarter [3] - 30:20, 62:3,

63:9

quarterly [1] - 39:5

quarters [1] - 51:16

questions [23] - 4:17, 4:21,

5:25, 10:6, 18:7, 25:24, 26:5,

30:23, 31:2, 33:6, 33:9,

34:20, 42:21, 46:25, 70:11,

71:9, 99:4, 99:23, 105:3,

110:9, 112:16, 119:7, 119:9

quickly [1] - 33:1

quite [2] - 7:23, 14:7

R

rain [1] - 78:5

raise [5] - 34:7, 35:11,

36:21, 56:11, 104:22

raised [2] - 103:21, 104:23

raises [2] - 104:5, 104:12

raising [1] - 27:5

ran [1] - 77:13

ranch [5] - 79:3, 79:6,

79:16, 82:13, 82:17

Ranch [12] - 78:11, 78:17,

78:19, 79:1, 79:3, 80:4,

80:15, 80:21, 83:14, 83:25

rancher [1] - 80:25

ranchers [1] - 80:9

ranching [3] - 79:10, 80:12,

80:17

Range [1] - 81:18

range [3] - 55:23, 79:8, 83:1

ranges [1] - 57:19

ranked [2] - 79:2, 82:9

rape [1] - 12:4

rapidly [2] - 32:25, 109:12

rate [3] - 86:23, 87:8, 88:5

rates [2] - 86:24, 87:18


14

rather [7] - 37:10, 42:24,

45:11, 96:13, 97:2, 103:24,

110:1

rating [24] - 31:11, 49:13,

93:5, 94:9, 94:12, 94:17,

94:20, 95:11, 95:14, 95:19,

95:23, 96:5, 98:15, 101:14,

101:23, 102:3, 102:12,

102:20, 103:3, 110:25,

112:19, 113:1

ratings [4] - 95:21, 96:23,

98:11, 112:18

RE [1] - 1:4

reached [1] - 57:14

read [2] - 11:25, 12:5

reading [4] - 6:10, 12:8,

57:5, 70:14

ready [2] - 11:13, 45:19

real [5] - 77:16, 97:8, 97:12,

112:7

realize [1] - 48:11

really [21] - 8:23, 10:17,

11:8, 12:13, 14:1, 14:21,

14:23, 19:2, 23:6, 45:1,

49:10, 51:24, 53:14, 61:9,

77:18, 78:6, 80:15, 97:17,

100:14, 111:21

realm [2] - 35:23, 38:11

reason [4] - 5:18, 43:8,

74:8, 106:19

reasons [1] - 106:11

receipt [3] - 42:18, 43:5,

43:9

receive [2] - 37:17, 42:25

received [6] - 19:9, 26:16,

28:12, 73:1, 74:1, 84:3

receiving [2] - 7:4, 35:18

recent [3] - 13:11, 14:13,

40:17

recession [2] - 107:15,

109:7

recognition [1] - 70:3

recognize [8] - 4:15, 25:3,

30:3, 61:4, 66:3, 77:4, 86:4,

114:3

recognized [1] - 68:21

recommend [3] - 22:17,

43:14, 62:18

recommendation [9] - 6:9,

10:19, 13:15, 14:20, 20:14,

21:17, 27:15, 43:3, 113:14

recommendations [6] -

6:5, 13:8, 21:6, 45:8, 63:11,

63:16

recommended [1] - 69:3

recommends [2] - 81:7,

83:4

record [1] - 121:6

recover [1] - 107:16

recreational [1] - 79:12

recruit [1] - 48:25

recruitment [1] - 47:7

recurring [1] - 109:11

reduce [3] - 86:24, 87:7,

87:18

reduced [1] - 32:5

reduces [1] - 79:18

reducing [1] - 67:22

refinancing [1] - 88:13

reflect [2] - 40:13, 64:14

reflection [1] - 32:17

reflects [1] - 91:8

refunded [2] - 87:3, 87:12

refunding [4] - 87:24,

89:16, 91:14, 115:11

Refunding [8] - 86:22,

87:5, 87:15, 88:17, 89:4,

89:20, 115:25, 116:14

refused [1] - 87:22

regard [3] - 26:19, 41:17,

42:17

regarding [5] - 33:3, 36:3,

36:18, 94:6, 111:4

regardless [1] - 21:23

regards [5] - 11:5, 11:17,

13:19, 14:9, 25:24

region [2] - 68:18, 68:24

Regional [1] - 68:10

regional [2] - 67:8, 69:6

Regions [1] - 69:17

regions [4] - 67:18, 68:10,

68:12, 68:21

regular [2] - 36:2, 79:14

regularly [1] - 52:15

regulate [1] - 36:6

regulated [1] - 95:24

REGULATION [1] - 30:1

regulation [9] - 33:15,

43:22, 44:6, 55:3, 55:4,

56:25, 57:24, 58:1, 104:9

Regulation [4] - 2:9, 30:5,

30:12, 33:13

regulations [5] - 55:9,

55:11, 55:12, 56:2, 57:10

regulatory [1] - 104:8

reinforcing [1] - 55:5

reintegrate [1] - 7:11

related [2] - 28:6, 64:12

relates [2] - 65:8, 103:6

relating [1] - 26:13

relationship [1] - 36:6

relationships [1] - 57:16

relatively [1] - 36:19

release [3] - 5:14, 12:16,

16:21

relevant [2] - 7:24, 34:14

reliance [1] - 21:6

relive [1] - 11:1

rely [1] - 52:6

relying [1] - 113:2

remain [1] - 3:8

remaining [1] - 32:18

remains [2] - 40:13, 54:25

remodeling [1] - 69:22

removal [1] - 69:24

reoffend [1] - 6:24

repeat [1] - 67:3

report [22] - 14:1, 30:22,

31:3, 31:25, 32:19, 43:13,

46:24, 47:6, 47:9, 53:24,

62:3, 63:9, 73:7, 76:9, 87:4,

87:13, 106:1, 106:16,

106:23, 107:2, 107:4, 121:5

REPORTED [1] - 1:17

Reporter [1] - 121:11

REPORTER [1] - 1:17

REPORTERS [1] - 1:22

reporting [3] - 39:5, 100:1,

101:9

reports [5] - 25:23, 25:25,

40:17, 86:20, 118:9

represent [1] - 52:19

represents [2] - 32:6, 32:13

reputation [2] - 98:25,

100:23

request [24] - 25:22, 26:14,

26:15, 28:11, 61:15, 66:7,

66:18, 72:10, 72:21, 72:25,

73:2, 73:11, 73:21, 73:25,

74:1, 74:9, 74:10, 78:14,

81:19, 84:13, 91:8, 114:23,

117:14, 118:6

requested [1] - 106:25

requesting [1] - 25:10

requests [5] - 28:4, 28:10,

64:10, 73:4, 74:3

require [2] - 84:14, 93:9

required [6] - 55:24, 57:5,

67:14, 67:18, 93:17, 101:23

requirement [3] - 94:4,

94:18, 94:24

requirements [4] - 28:9,

73:9, 74:7, 103:3

requires [4] - 37:1, 39:17,

94:4, 96:6

requiring [1] - 97:21

research [2] - 22:5, 40:22

reserve [1] - 16:14

reserves [1] - 109:22

reside [1] - 69:8

resistant [1] - 68:2

resolution [4] - 34:23,

35:24, 89:2, 90:6

resolutions [2] - 88:15,

89:17

resolved [1] - 75:6

resources [2] - 41:25,

96:18

respect [4] - 37:24, 43:11,

95:23, 102:2

respectfully [3] - 61:15,

62:2, 64:10

respective [1] - 39:10

responded [2] - 41:12,

101:2

response [3] - 39:6, 95:6,

113:5

RESPONSE) [33] - 24:10,

25:18, 26:7, 27:25, 28:20,

54:4, 61:23, 64:25, 66:15,

71:10, 71:16, 72:18, 73:18,

74:16, 81:14, 83:11, 85:8,

86:16, 88:24, 89:12, 90:3,

90:16, 91:22, 114:15, 115:4,

115:18, 116:7, 116:21,

117:7, 118:2, 118:18,

119:11, 119:17

responses [4] - 33:8,

33:11, 34:19, 42:3

responsibility [1] - 15:16

responsible [1] - 103:1

restoration [2] - 13:22, 14:9

restore [1] - 14:4

result [4] - 26:16, 28:12,

73:1, 74:1

resulted [2] - 35:17, 69:6

results [3] - 30:18, 41:11,

48:20

resume [1] - 4:22

retain [3] - 39:8, 39:12,

41:23

retaining [1] - 47:11

retention [7] - 41:20, 47:7,

47:21, 47:23, 47:25, 48:11,

55:1

Retirement [1] - 118:25

retirement [1] - 108:9

retrofitting [1] - 67:25

reuse [1] - 69:22

Revenue [6] - 2:11, 61:5,

89:19, 89:20, 115:25, 116:13

REVENUE [1] - 61:1

revenues [5] - 107:24,

108:4, 108:13, 109:18,

109:20

reversed [1] - 19:11

Review [5] - 2:3, 4:6, 27:16,

59:5, 59:16

REVIEW [2] - 4:2, 59:2

review [14] - 22:2, 37:19,

39:20, 62:15, 62:24, 93:9,

96:2, 96:4, 97:19, 98:1, 98:5,

101:9, 106:23, 110:6

reviewed [3] - 95:19,

117:17, 118:8

reviewing [8] - 6:17, 8:15,

20:1, 22:11, 75:15, 96:8,

98:2, 105:25

revocation [1] - 12:19


15

rewriting [1] - 97:9

Rhodes [2] - 2:8, 25:4

RHODES [9] - 25:7, 25:21,

26:10, 27:1, 27:7, 27:12,

27:18, 28:3, 28:23

Richard [1] - 59:20

RICK [1] - 1:9

right-of-way [2] - 90:8,

114:21

Right-of-Way [1] - 87:5

rights [3] - 13:18, 13:22,

14:9

rigorous [1] - 97:22

risks [3] - 44:10, 54:17,

56:11

road [1] - 56:13

robust [1] - 38:6

rock [1] - 20:22

role [6] - 8:3, 15:18, 23:1,

40:7, 50:20, 103:22

roles [1] - 22:24

rollout [1] - 36:14

ROOM [1] - 1:14

room [2] - 11:12, 20:3

rough [1] - 99:15

routine [1] - 83:2

RPR [3] - 1:17, 121:5,

121:11

rug [1] - 84:7

Rule [6] - 26:13, 26:18,

28:6, 64:12, 93:18

rule [5] - 26:15, 28:11,

93:18, 94:3, 95:5

Rulemaking [1] - 94:6

rulemaking [5] - 26:12,

28:5, 36:22, 72:22, 73:22

rules [8] - 26:19, 38:12,

55:11, 55:12, 55:15, 55:24,

56:2, 64:14

run [2] - 11:2, 57:6

running [4] - 21:15, 44:7,

50:11, 97:13

Rural [8] - 78:12, 78:18,

78:25, 80:3, 80:23, 81:18,

81:23, 83:15

S

S&P [3] - 102:14, 105:24,

106:8

safe [4] - 67:15, 67:22,

71:3, 71:5

safety [2] - 5:16, 69:13

SAFETY [1] - 25:1

Safety [3] - 2:8, 25:4, 28:8

SAID [1] - 3:13

salaries [1] - 40:10

salary [1] - 50:19

sale [8] - 86:21, 87:4,

87:14, 87:16, 88:16, 89:3,

89:18, 90:7

sales [2] - 65:8, 86:20

sat [3] - 11:21, 103:13,

103:15

satisfaction [1] - 42:12

saving [1] - 35:5

savings [13] - 35:1, 35:6,

86:25, 87:1, 87:10, 87:11,

87:19, 87:20, 88:1, 88:17,

89:5, 89:21, 91:14

SBA [2] - 106:18, 118:8

SBA's [1] - 118:23

scams [1] - 56:9

scenes [1] - 21:1

scheduled [1] - 37:10

scheme [2] - 35:3, 35:5

school [6] - 21:10, 49:3,

49:5, 67:9, 67:17, 70:20

schools [3] - 67:25, 68:2,

68:6

science [1] - 19:23

score [9] - 32:21, 44:13,

45:23, 45:25, 46:3, 54:11,

100:20, 107:23

scored [1] - 12:16

scores [5] - 44:12, 44:17,

45:18, 45:19, 46:22

SCOTT [234] - 1:9, 3:4, 4:4,

5:24, 6:2, 7:17, 9:3, 10:3,

13:4, 15:9, 17:3, 18:3, 18:6,

20:11, 22:19, 23:17, 23:19,

24:4, 24:8, 24:11, 24:13,

24:17, 25:3, 25:12, 25:15,

25:17, 25:19, 26:1, 26:3,

26:5, 26:8, 26:23, 27:22,

27:24, 28:1, 28:14, 28:17,

28:19, 28:21, 29:1, 30:3,

44:15, 45:9, 45:13, 45:18,

45:22, 46:4, 46:7, 46:13,

46:15, 46:18, 46:22, 47:3,

49:24, 53:20, 53:23, 54:1,

54:3, 54:5, 54:9, 54:13,

56:19, 58:3, 59:4, 59:10,

59:12, 59:14, 59:22, 59:24,

60:1, 61:3, 61:18, 61:20,

61:22, 61:24, 62:6, 62:9,

62:12, 63:3, 64:3, 64:7,

64:20, 64:22, 64:24, 65:1,

65:16, 65:19, 66:3, 66:9,

66:12, 66:14, 66:16, 66:24,

70:10, 71:9, 71:13, 71:15,

71:17, 71:22, 72:6, 72:9,

72:13, 72:15, 72:17, 72:19,

73:12, 73:15, 73:17, 73:19,

74:11, 74:13, 74:15, 74:17,

74:19, 74:22, 75:17, 75:24,

76:11, 76:14, 77:4, 77:9,

77:18, 77:20, 79:25, 81:5,

81:8, 81:11, 81:13, 81:15,

83:5, 83:8, 83:10, 83:12,

84:17, 85:5, 85:9, 85:14,

86:3, 86:10, 86:13, 86:15,

86:17, 88:18, 88:21, 88:23,

88:25, 89:6, 89:9, 89:11,

89:13, 89:22, 89:25, 90:2,

90:4, 90:10, 90:13, 90:15,

90:17, 91:16, 91:19, 91:21,

91:24, 97:1, 98:6, 98:9,

98:14, 98:20, 98:23, 99:3,

99:22, 105:3, 105:9, 105:13,

105:16, 107:10, 107:24,

108:3, 108:12, 108:19,

108:24, 109:4, 109:10,

109:15, 109:24, 110:8,

110:19, 110:22, 111:2,

111:7, 112:16, 113:7,

113:10, 113:18, 113:22,

114:3, 114:8, 114:12,

114:14, 114:16, 114:24,

115:1, 115:3, 115:5, 115:12,

115:15, 115:17, 115:19,

116:1, 116:4, 116:6, 116:8,

116:15, 116:18, 116:20,

116:22, 116:25, 117:4,

117:6, 117:8, 117:12,

117:21, 117:24, 118:1,

118:3, 118:12, 118:15,

118:17, 118:19, 119:9,

119:12, 119:14, 119:16,

119:18, 119:22

Scott [3] - 30:8, 61:6, 78:8

screenings [1] - 6:13

screwing [1] - 57:13

scrivener's [5] - 72:23,

74:24, 75:1, 83:20, 84:9

scrupulous [1] - 110:7

scrutiny [1] - 97:22

se [1] - 27:14

season [1] - 78:4

seat [1] - 102:25

SEC [3] - 93:18, 106:5,

106:17

SEC's [1] - 95:5

second [76] - 21:24, 24:4,

24:5, 25:15, 25:16, 25:21,

25:22, 26:3, 26:4, 27:22,

27:23, 28:17, 28:18, 44:16,

44:18, 54:1, 54:2, 55:1, 56:1,

59:10, 59:11, 59:22, 59:23,

61:20, 61:21, 62:1, 62:10,

64:22, 64:23, 66:12, 66:13,

71:13, 71:14, 72:15, 72:16,

73:15, 73:16, 74:13, 74:14,

81:11, 81:12, 83:8, 83:9,

85:6, 86:13, 86:14, 88:21,

88:22, 89:9, 89:10, 89:25,

90:1, 90:13, 90:14, 91:19,

91:20, 102:3, 103:12,

114:12, 114:13, 115:1,

115:2, 115:15, 115:16,

116:4, 116:18, 116:19,

117:4, 117:5, 117:24,

117:25, 118:15, 118:16,

119:14, 119:15

Second [1] - 116:5

seconded [1] - 64:7

seconds [1] - 22:15

Secrecy [1] - 37:18

Section [1] - 64:18

Sections [1] - 64:16

sector [2] - 40:10, 54:22

sectors [1] - 40:11

Securities [2] - 42:7, 94:5

securities [4] - 49:15, 52:3,

93:18, 100:13

security [2] - 16:20, 38:7

see [14] - 7:7, 8:19, 10:3,

10:11, 13:7, 13:9, 14:20,

15:24, 16:2, 16:15, 16:22,

32:3, 112:10, 113:11

seeing [3] - 20:21, 21:10,

55:7

seek [1] - 26:11

seeking [3] - 19:24, 40:2,

69:12

segment [1] - 8:5

select [1] - 4:8

selection [1] - 40:7

self [2] - 48:14, 48:17

sell [1] - 52:22

sending [3] - 42:24, 57:9,

106:20

senior [2] - 56:7, 56:8

sense [4] - 44:6, 44:24,

99:11, 112:9

sentence [1] - 13:21

separate [2] - 11:12, 91:12

separately [1] - 13:23

September [2] - 36:25,

72:11

serial [1] - 19:5

serious [2] - 51:12, 104:5

seriously [2] - 13:1, 13:8

servant [1] - 5:2

serve [4] - 5:19, 5:20, 7:20,

8:2

service [13] - 34:22, 35:23,

35:24, 40:3, 43:16, 56:4,

86:25, 87:10, 87:19, 88:1,

88:17, 89:5, 89:21

Service [6] - 31:6, 77:5,

78:20, 78:25, 81:25, 82:5

services [12] - 33:16, 34:3,

34:21, 38:4, 43:22, 47:16,

54:24, 55:21, 56:24, 94:1

Services [4] - 30:19, 39:4,

78:18, 81:23

serving [1] - 5:1

session [1] - 65:12

set [7] - 38:5, 48:18, 56:2,


16

93:4, 96:7, 97:14, 97:16

sets [2] - 39:17, 40:8

setting [1] - 8:21

several [3] - 33:6, 69:3,

75:13

sexual [3] - 11:11, 12:4,

12:17

shadow [6] - 38:20, 55:19,

55:20, 56:22, 56:23, 57:23

Shands [1] - 97:11

share [2] - 46:5, 48:22

sharing [1] - 56:25

shelter [16] - 67:10, 67:13,

67:16, 67:22, 67:24, 68:22,

69:1, 69:4, 69:5, 69:17,

69:18, 69:20, 69:23, 70:5,

70:18, 71:6

Shelter [5] - 66:19, 67:6,

67:7, 67:19, 68:8

shelters [5] - 68:18, 69:13,

70:4, 70:15, 70:22

Sheriff [1] - 20:17

Sheriff's [1] - 16:14

sheriffs [1] - 19:13

shifts [1] - 54:22

ship [1] - 63:16

short [3] - 36:10, 36:12,

54:19

short-term [2] - 36:10,

36:12

shorter [2] - 42:12, 49:9

show [4] - 14:10, 20:19,

50:8, 119:5

showing [1] - 15:6

shown [1] - 68:20

sic [1] - 117:2

sic) [1] - 25:11

side [6] - 10:19, 16:16,

16:17, 19:16, 21:13, 110:23

sides [1] - 15:24

significant [7] - 39:18,

50:7, 55:17, 56:14, 67:21,

68:25, 106:8

significantly [1] - 79:18

similar [1] - 69:25

similarly [1] - 34:8

simpler [1] - 110:6

simply [4] - 5:1, 6:23,

42:24, 47:19

singing [1] - 3:10

single [1] - 37:4

sins [1] - 94:7

sit [6] - 11:20, 18:20, 50:4,

53:4, 102:7, 102:25

sitting [1] - 48:7

situation [1] - 70:7

situations [1] - 96:20

six [3] - 59:6, 68:16, 107:7

six-year-old [1] - 107:7

sized [2] - 82:15, 91:2

skew [1] - 43:2

skill [4] - 38:5, 39:17, 40:8,

48:18

skills [5] - 5:13, 28:7, 40:1,

40:23, 48:13

slight [2] - 106:13, 119:5

slightly [2] - 106:5, 109:6

Small [2] - 55:7, 57:4

small [4] - 36:20, 55:13,

55:16, 57:11

smaller [1] - 82:25

smart [2] - 33:15, 43:21

smoke [1] - 78:1

smoothly [1] - 44:7

snapshot [2] - 30:17, 43:18

snatched [1] - 50:12

society [2] - 5:10, 7:10

Society [1] - 79:21

sod [1] - 79:10

soft [1] - 40:23

sold [1] - 87:15

solves [1] - 81:2

someone [7] - 6:17, 14:4,

14:5, 15:4, 21:16, 49:1,

112:1

sometimes [3] - 8:18,

14:16, 71:2

soon [2] - 50:23, 57:1

sophistication [1] - 104:7

sorry [2] - 46:1, 55:16

sort [2] - 52:15, 96:11

sound [1] - 110:13

sounds [2] - 103:18, 109:17

south [5] - 68:15, 68:20,

77:20, 79:4, 82:12

Space [1] - 73:24

space [12] - 67:13, 67:14,

67:16, 67:23, 68:12, 68:17,

69:5, 69:17, 69:18, 70:5,

88:6, 88:8

spaces [4] - 68:5, 68:19,

68:22

speaking [1] - 15:21

special [5] - 67:12, 68:18,

68:22, 69:1, 69:3

specialized [1] - 39:16

specific [2] - 75:22, 112:9

specifics [1] - 15:15

speed [2] - 43:24, 110:4

spend [4] - 52:1, 53:14,

65:6, 91:3

spent [1] - 111:12

spoken [1] - 16:16

spotlight [1] - 34:20

squad [1] - 23:9

squads [1] - 5:15

square [1] - 67:11

St [1] - 82:13

stable [1] - 108:17

staff [14] - 12:15, 12:20,

30:17, 39:8, 39:12, 41:5,

41:21, 41:23, 45:14, 75:6,

81:7, 83:4, 84:6, 95:12

staff-training [1] - 41:21

staffs [3] - 44:25, 45:6,

46:19

stakeholder [1] - 51:24

standard [1] - 26:21

standards [7] - 26:14,

26:20, 27:3, 27:15, 70:15,

106:15

standing [1] - 3:8

standpoint [1] - 104:20

start [3] - 47:3, 61:8, 112:22

started [1] - 5:3

state [9] - 15:25, 19:14,

38:21, 41:2, 44:2, 52:23,

84:4, 93:24, 103:25

STATE [3] - 1:1, 114:1,

121:3

State [15] - 2:21, 5:1, 38:15,

38:23, 81:2, 84:15, 91:14,

100:9, 101:11, 105:25,

106:23, 114:4, 114:20,

115:9, 117:14

State's [2] - 96:19, 106:2

State-issued [1] - 101:11

states [1] - 27:4

Statewide [4] - 35:22,

66:19, 67:6, 67:7

statewide [1] - 68:4

statistics [1] - 40:13

statute [1] - 67:10

statutes [3] - 38:12, 55:24,

57:12

statutory [3] - 64:14, 73:9,

74:7

stay [4] - 11:12, 14:24,

51:18, 103:2

steadily [2] - 32:1, 32:12

stenographic [1] - 121:6

stenographically [1] -

121:5

step [4] - 31:7, 32:22, 97:6,

97:18

stick [1] - 101:18

stifle [1] - 56:1

still [4] - 63:20, 77:21,

84:11, 107:16

stop [2] - 31:1, 102:23

storm [2] - 70:1, 71:2

straight [1] - 49:3

strict [1] - 14:24

stricter [1] - 14:24

strides [1] - 67:21

striking [1] - 13:16

strive [1] - 34:13

strongly [1] - 41:2

structure [1] - 108:5

stuck [1] - 18:11

student [1] - 94:1

students [2] - 107:25,

108:5

studying [2] - 19:23, 38:18

subjective [10] - 33:5, 33:7,

34:19, 44:11, 45:4, 46:8,

46:17, 51:17, 54:12, 62:25

submission [1] - 42:22

submits [1] - 62:2

submitted [1] - 66:20

subsequent [2] - 16:21,

95:1

substance [1] - 96:13

substantially [1] - 40:11

substantive [1] - 117:19

success [6] - 33:12, 33:14,

33:17, 33:22, 35:7, 40:25

successes [2] - 30:14,

34:11

successful [2] - 36:14, 42:9

successfully [2] - 36:24,

82:17

suddenly [1] - 70:22

suffered [1] - 12:5

sufficiency [4] - 114:19,

115:8, 115:22, 116:11

sufficient [6] - 68:11,

68:16, 68:19, 68:22, 69:18,

94:23

suggest [4] - 41:11, 45:5,

52:18, 57:9

suggested [2] - 30:19, 63:6

suggesting [1] - 53:9

suggestion [1] - 110:2

suggestions [2] - 33:2,

42:15

suggests [1] - 40:22

suitability [1] - 39:21

summary [2] - 101:5, 118:9

SUNG) [1] - 3:14

supervisor [2] - 12:19,

15:22

Supervisors [2] - 38:16,

73:6

supply [1] - 88:9

support [2] - 34:5, 56:17

Support [1] - 93:14

supports [2] - 31:14, 44:4

supposed [2] - 112:1,

112:3

surge [1] - 71:2

surveillance [1] - 96:1

surveilled [2] - 94:12, 96:22

survey [5] - 41:8, 41:11,

41:12, 41:16, 48:21

surveys [2] - 50:15, 67:25

susceptible [1] - 56:8


17

suspect [2] - 56:22, 57:2

swamp [1] - 82:25

swamps [2] - 77:14, 77:15

Swier [3] - 2:4, 4:10, 4:15

SWIER [6] - 4:19, 4:25,

5:23, 6:11, 8:4, 9:4

swift [1] - 33:22

swiftly [1] - 103:19

System [1] - 119:1

system [6] - 14:14, 57:19,

79:16, 94:19, 94:20, 100:3

systematic [1] - 96:8

systems [3] - 38:6, 38:9,

38:19

T

table [1] - 70:17

takedown [1] - 35:2

Tallahassee [1] - 119:25

TALLAHASSEE [2] - 1:15,

1:23

Tampa [3] - 11:7, 68:15,

73:23

tapping [1] - 22:23

tardy [1] - 99:25

target [1] - 37:8

Task [1] - 38:16

task [1] - 7:24

tax [2] - 64:13, 65:8

taxpayer [1] - 32:24

taxpayers [1] - 112:15

team [11] - 20:7, 32:17,

36:1, 40:24, 41:24, 42:4,

42:20, 50:11, 53:2, 56:17,

57:15

teams [1] - 48:2

teasing [1] - 18:13

technical [1] - 39:17

technology [1] - 38:6

ten [3] - 94:4, 94:18, 94:24

ten-business-day [1] -

94:24

tend [1] - 15:24

term [7] - 36:10, 36:12,

37:24, 38:9, 54:20, 59:6

terms [8] - 13:16, 31:3,

33:5, 35:19, 48:11, 63:21,

80:12, 104:6

Terry [3] - 25:4, 25:6, 29:1

test [1] - 28:7

THE [8] - 1:4, 1:15, 3:12,

3:13, 71:11, 77:1, 120:1

theme [1] - 39:5

themselves [3] - 22:12,

33:10, 102:13

therefore [2] - 69:6, 70:16

they've [7] - 10:25, 11:6,

14:11, 19:4, 22:14, 95:25,

101:16

thinking [2] - 93:8, 103:6

third [7] - 25:22, 26:10,

55:3, 62:3, 63:9, 64:9,

103:21

Thirty [1] - 68:16

Thirty-six [1] - 68:16

thoughtful [1] - 33:9

thoughts [2] - 13:18,

110:12

thousand [1] - 37:4

thousands [3] - 15:20,

15:21

threat [1] - 79:18

three [16] - 4:8, 4:9, 4:14,

23:23, 39:10, 40:15, 61:14,

68:21, 78:10, 79:23, 80:2,

81:4, 104:13, 106:9, 112:19,

117:2

threshold [2] - 27:11, 40:6

threw [1] - 101:10

throughout [5] - 31:9,

31:24, 32:20, 39:6, 47:6

throwing [1] - 102:10

Tier [2] - 79:2, 82:10

tight [1] - 76:2

timeline [2] - 39:13, 42:12

timely [1] - 42:2

timing [2] - 101:13, 110:4

today [12] - 4:14, 25:9,

30:10, 33:8, 44:19, 45:11,

61:14, 78:11, 79:20, 80:3,

82:21, 103:5

today's [1] - 40:22

together [2] - 45:7, 109:23

tolerance [1] - 27:10

tonsils [1] - 67:1

took [1] - 70:17

tool [2] - 36:20, 37:22

tools [2] - 42:4, 42:10

top [2] - 32:21, 54:25

topic [1] - 42:6

topics [2] - 34:9, 34:15

total [3] - 46:2, 46:3, 82:7

totaling [1] - 35:19

touch [2] - 23:5, 110:25

touched [1] - 7:19

tough [2] - 22:14, 55:13

toward [1] - 41:25

towards [3] - 32:23, 33:4,

77:21

traffic [1] - 14:15

train [4] - 39:7, 40:16,

41:23, 49:19

trained [1] - 48:12

trainers [1] - 42:2

training [16] - 39:13, 39:15,

39:18, 39:23, 41:18, 41:21,

41:25, 42:3, 42:4, 42:5, 42:7,

42:11, 48:11, 49:7, 49:8,

50:21

transaction [2] - 90:22,

91:9

transactions [4] - 87:24,

90:24, 91:5, 91:6

transcript [1] - 121:6

transition [1] - 38:10

transparent [1] - 99:1

Transportation [4] - 73:24,

90:9, 114:21, 116:13

tread [1] - 100:15

Treasure [1] - 68:15

trees [1] - 78:4

trend [2] - 30:17, 106:15

trends [4] - 31:8, 36:3,

37:8, 54:23

tried [1] - 16:3

triggered [2] - 94:17, 109:3

trouble [2] - 7:3, 113:3

troubling [1] - 96:12

true [6] - 86:23, 87:6, 87:16,

87:17, 121:6

TRUST [1] - 77:2

Trust [1] - 2:16

TRUSTEES [1] - 77:1

Trustees [2] - 2:16, 118:8

Trustees' [1] - 78:10

truth [1] - 19:25

try [2] - 56:1, 61:11

trying [3] - 11:22, 80:7,

111:13

TUESDAY [1] - 1:13

turmoil [1] - 47:17

turnaround [1] - 107:20

turning [1] - 108:17

turnover [1] - 41:1

Turnpike [5] - 82:12, 86:21,

89:18, 89:20, 116:13

twenty [1] - 10:16

twice [1] - 84:25

two [17] - 11:17, 11:18,

34:9, 39:9, 40:15, 43:13,

55:25, 66:5, 78:19, 80:5,

80:13, 81:2, 81:24, 103:6,

105:25, 106:18, 107:6

two-fold [1] - 55:25

two-page [2] - 11:17, 11:18

type [2] - 13:11, 75:7

types [2] - 6:7, 13:20

typically [2] - 47:20, 48:24

U

U.S [1] - 40:12

unanimous [1] - 20:14

unanimously [1] - 117:18

under [6] - 78:25, 82:8,

83:15, 84:7, 93:17, 95:5

undercover [1] - 21:10

understood [3] - 10:10,

63:17, 65:13

underway [1] - 35:15

UNF [1] - 106:18

unfortunate [3] - 93:4,

95:16, 100:20

unfortunately [3] - 21:19,

48:1, 51:1

unions [1] - 52:2

unique [3] - 22:25, 39:24,

41:1

universities [13] - 93:15,

95:10, 96:5, 96:17, 98:15,

99:7, 99:20, 100:2, 106:4,

106:10, 109:25, 112:1,

112:19

universities' [1] - 98:11

university [19] - 67:9, 93:8,

93:10, 93:14, 93:25, 95:18,

96:9, 97:1, 98:6, 98:10,

98:13, 98:17, 99:14, 99:16,

101:3, 102:17, 102:24,

107:17, 110:3

University [6] - 2:19, 93:6,

94:11, 94:13, 94:23, 97:11

UNIVERSITY [1] - 93:1

unless [5] - 8:25, 23:22,

24:1, 51:3, 59:20

up [30] - 4:16, 18:16, 18:19,

19:8, 20:5, 20:19, 22:1,

24:17, 24:19, 41:11, 57:13,

59:20, 61:11, 70:21, 77:12,

78:2, 78:6, 80:8, 84:20, 85:1,

91:2, 96:7, 97:14, 97:16,

107:8, 107:21, 108:20,

109:8, 112:2, 113:4

up-sized [1] - 91:2

upcoming [1] - 36:11

update [1] - 83:15

updated [2] - 36:22, 93:22

updates [1] - 39:4

updating [2] - 26:20, 27:7

uplands [1] - 77:15

upset [1] - 11:16

urge [1] - 81:3

usage [1] - 111:23

useful [1] - 54:15

uses [2] - 37:21, 79:13

utilize [1] - 5:12

utilizing [1] - 99:7

utmost [1] - 34:9

V

valuable [5] - 37:11, 37:22,

44:24, 51:19, 111:20

value [9] - 8:2, 32:24, 53:1,

53:7, 53:12, 87:1, 87:10,

87:20, 88:2

Value [1] - 64:15


18

VANCAMP [7] - 10:1,

10:24, 11:5, 13:3, 13:19,

15:19, 17:4

Vancamp [3] - 2:5, 4:10,

10:4

variations [1] - 112:20

variety [1] - 6:11

various [1] - 52:7

vast [1] - 48:8

vehicle [1] - 36:20

Vehicle [1] - 28:8

Vehicles [2] - 2:8, 25:5

VEHICLES [1] - 25:1

Venture [2] - 81:24, 82:20

versus [1] - 49:16

vet [1] - 8:12

via [1] - 101:24

vice [1] - 59:15

Vice [1] - 59:20

victim [5] - 6:20, 7:6, 8:17,

11:11, 14:6

victim's [2] - 6:20, 7:7

victimization [2] - 7:14,

22:8

victims [14] - 8:18, 11:5,

11:9, 12:25, 13:18, 14:8,

15:21, 15:24, 16:5, 16:17,

20:3, 21:1, 21:25, 22:8

victims' [4] - 10:13, 10:22,

16:16, 21:13

view [2] - 55:5, 109:1

viewed [2] - 100:9, 100:24

violations [1] - 36:4

violence [1] - 14:15

violent [4] - 12:4, 13:11,

19:4

virtual [2] - 38:8, 38:19

vision [4] - 26:13, 26:21,

27:1, 27:10

visit [1] - 111:21

visited [1] - 101:4

visual [1] - 26:20

voice [1] - 67:2

voices [1] - 52:19

vote [2] - 11:13, 15:2

voting [2] - 11:7, 117:16

vulnerable [3] - 69:8,

69:10, 69:12

W

wade [1] - 102:9

waiting [1] - 75:2

walk [4] - 13:13, 19:11,

39:19, 50:5

walked [1] - 103:5

walking [1] - 65:7

wants [1] - 103:9

WAS [4] - 3:12, 3:13, 3:14,

120:1

Washington [2] - 84:4, 84:6

watched [1] - 33:12

watching [1] - 62:23

WATER [1] - 72:1

Water [2] - 2:14, 72:7

WATKINS [25] - 86:6,

86:19, 89:2, 89:15, 90:6,

90:19, 92:1, 93:3, 97:4, 98:8,

98:12, 98:18, 98:21, 98:24,

99:9, 99:19, 100:5, 101:6,

101:12, 102:7, 104:21,

105:10, 105:14, 113:17,

113:21

Watkins [7] - 2:18, 2:20,

86:4, 105:4, 106:19, 111:1,

111:24

ways [4] - 31:14, 33:18,

41:19, 80:9

week [2] - 67:2, 78:3

weeks [2] - 63:20, 88:7

weigh [1] - 21:14

weighing [2] - 13:14, 13:16

weight [3] - 6:5, 43:12,

43:17

welcome [5] - 3:4, 3:6,

5:23, 30:25, 63:13

west [3] - 68:13, 68:23,

77:21

wet [2] - 77:15, 77:21

wetland [1] - 79:7

WHEREUPON [2] - 3:12,

120:1

whole [3] - 21:13, 38:2,

112:24

wide [2] - 20:6, 57:19

wildlife [1] - 79:17

WILLIAMS [11] - 114:6,

114:18, 115:7, 115:21,

116:10, 116:24, 117:10,

117:13, 118:5, 118:22,

119:20

Williams [2] - 2:21, 114:4

window [2] - 21:2, 69:24

windy [2] - 77:16, 77:18

withheld [1] - 14:17

Withlacoochee [1] - 68:23

withstand [1] - 71:7

woman [1] - 12:9

wonderful [1] - 15:6

wondering [1] - 70:13

word [1] - 72:9

words [4] - 12:3, 70:19,

101:22, 106:4

worker [1] - 40:13

workers [1] - 41:3

workers' [1] - 37:22

workforce [1] - 40:18

world [5] - 14:6, 22:7,

38:10, 104:9, 112:24

worry [2] - 7:13, 56:13


19

worse [2] - 108:14, 108:16

worst [2] - 20:18, 20:25

worthwhile [1] - 84:12

worthy [1] - 22:17

woven [1] - 47:6

wrapped [1] - 41:10

written [5] - 11:18, 12:1,

12:9, 47:10, 55:11

wrote [2] - 55:6, 55:10

WYANT [11] - 18:1, 18:5,

18:17, 19:20, 20:10, 20:20,

20:23, 21:3, 21:18, 23:6,

23:18

Wyant [4] - 2:6, 4:10, 18:3,

24:2

Wyant's [1] - 59:6

Wysocki [1] - 3:9

Y

y'all [1] - 44:19

year [28] - 30:14, 31:5, 31:9,

31:24, 32:1, 32:8, 32:14,

32:21, 34:1, 36:12, 59:7,

62:4, 67:15, 71:3, 71:4,

77:13, 77:15, 87:25, 90:21,

90:24, 91:2, 91:4, 91:7,

93:23, 106:9, 107:7, 117:20

years [28] - 5:3, 5:4, 10:14,

11:1, 12:13, 15:19, 16:7,

18:14, 18:15, 18:25, 19:21,

34:9, 35:19, 39:10, 40:15,

47:18, 49:6, 59:6, 65:8,

67:23, 80:10, 82:19, 95:3,

99:13, 103:18, 106:14,

107:22, 109:8

yesterday [2] - 77:12, 77:16

Documents

1 STATE OF FLORIDA 2 IN RE: MEETING OF THE GOVERNOR AND ... · PDF fileIN RE: MEETING OF THE GOVERNOR AND CABINET _____/ CABINET MEMBERS: GOVERNOR RICK ... By Director Watkins 86