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Idaho Department of Finance requests six examiner positions, cites rise in cyber fraud against elders

2508256 · 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 requested six full‑time positions and $816,600 from state regulatory funds for fiscal 2026 to expand IT and investigative capacity; the governor recommended all but two of the requested positions.

At a Jan. 21 hearing of the Joint Finance‑Appropriations Committee in Boise, the Idaho Department of Finance presented its fiscal 2026 budget request seeking six full‑time positions and $816,600 from state regulatory funds to bolster information‑technology exam capacity and investigative staff.

The Department of Finance asked for an IT examiner and multiple financial examiner/investigator positions to support the Financial Institutions Bureau, the Consumer Finance Bureau and the Securities Bureau. Budget analyst Noah Peterson told the committee the request corresponds to the numbers on the agency’s LBB pages and the agency’s submitted slides.

The request would create: one IT examiner for the Financial Institutions Bureau at a salary budgeted at $121,300 (100% of policy, salary grade P); one additional financial examiner (non‑IT) at $121,300 (grade P); two financial investigator 3 positions focused on IT examinations (one for mortgage and credit services and one for consumer services) budgeted at $82,500 each (salary grade M); one cybersecurity‑specialized…

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