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Department of Finance requests six IT and examiner positions; governor omits two investigator roles

2390179 · January 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a Jan. 21 Joint Finance-Appropriations Committee hearing, the Idaho Department of Finance asked for six full-time positions to strengthen IT examinations and investigations; the governor recommended most requests but did not approve two investigator positions aimed at consumer finance IT work.

On Tuesday, Jan. 21, the Department of Finance presented its fiscal year 2026 budget request to the Joint Finance-Appropriations Committee, asking for six full-time positions and $816,600 from state regulatory funds to expand IT examination and investigative capacity.

The request, presented by Noah Peterson of the Legislative Services Office, would add specialists for IT examination across the Financial Institutions Bureau, Consumer Finance Bureau and Securities Bureau. Peterson told the committee the package includes two IT-focused investigator positions, two financial examiners (one IT-focused), an IT examiner dedicated to financial institutions and a forensic accounting specialist for securities work, plus $52,600 in one-time Office of Information Technology Services (OITS) hardware costs.

The why: the agency and several legislators said the hires are meant to counter growing cybercrime and complex…

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