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Physical Therapy Board reports healthy revenues, warns months‑in‑reserve will fall without action
Summary
Board staff reported $7.7 million in revenues, $7.02 million in expenditures for FY24‑25, a $155,000 reversion to the fund, and conservative projections that reserve months could fall to about 6.6 months in future years.
Board staff reported on the board’s fiscal year 2024–25 fund condition, telling members the board ended the year with higher revenues than expenditures but flagged conservative projections that reserves will decline without continued attention.
The administrative presentation noted the board’s expenditures for FY24‑25 were about $7,023,000 and revenues were about $7,674,000, and that staff reverted $155,000 to the fund. “We were able to revert, a $155,000 back to the…
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