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PBVME finance division ends fiscal year with budget surplus and new hires

October 18, 2023 | State Board of Veterinary Medical Examiners, Boards & Commissions, Executive, Texas


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PBVME finance division ends fiscal year with budget surplus and new hires
The Texas Board of Veterinary Medical Examiners convened on October 17, 2023, to discuss key financial updates and ongoing initiatives aimed at enhancing veterinary services in the state. The meeting highlighted the board's financial health, ongoing procurement processes, and legislative developments that could impact veterinary practices.

Director of Finance Candice reported a successful conclusion to the fiscal year 2023, with a budget surplus of approximately $1,000. This surplus allowed the board to invest in new equipment for incoming staff and provide one-time merit bonuses to eligible employees, recognizing their hard work and dedication. The board is currently in the final stages of a post-payment audit with the comptroller's office, which is expected to yield findings in the coming weeks.

A significant focus of the meeting was the procurement of a new database system, a priority for the agency. The board is collaborating with the Texas Department of Licensing and Regulation (TDLR) and the Department of Information Resources (DIR) to identify suitable solutions. While the timeline for implementation remains uncertain, the agency is actively exploring options to ensure that the new system meets its needs and budget constraints.

In addition to financial matters, the board discussed legislative updates, particularly House Bill 4069, which aims to enhance price transparency for emergency veterinary care. The rules committee is working diligently on this initiative, with ongoing discussions to ensure compliance with statutory requirements. The committee is in the process of drafting language for the new rules, although no proposals were presented at this meeting.

The finance committee also addressed the evaluation of the executive director's salary, emphasizing the need for annual assessments to ensure it remains competitive within state guidelines. This discussion reflects the board's commitment to maintaining a strong leadership structure as it navigates the complexities of veterinary regulation.

Overall, the meeting underscored the board's proactive approach to financial management and regulatory compliance, with a clear focus on improving services for both veterinary professionals and the public. As the board continues to address these critical issues, stakeholders can anticipate further developments in the coming months.

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