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Ohio Accountancy Board asks committee to preserve self-funded licensing model
Summary
The Accountancy Board told the Senate Government Oversight and Reform Committee it is self-funded, oversees nearly 30,000 licenses and seeks statutory authority to set incremental permit fees to stabilize revenue as many licensees age into retirement.
The Senate Government Oversight and Reform Committee heard testimony from the Ohio Accountancy Board on funding needs for the agency during an informal second hearing on Sub. H.B. 96.
Donna Ocklock, executive director of the Accountancy Board, told the committee the board "is totally funded by fees for applicants and from our licensees. We are self sustaining and spend no money from the…
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