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PT Board reports $155,000 reversion, projects shrinking reserves over next two years
Summary
Executive staff reported year-end numbers showing $7.67 million in revenues, $7.02 million in expenditures, a $155,000 reversion to the fund and projected months in reserve falling from 9.2 to about 6.6 over the next two fiscal years under conservative assumptions.
The Physical Therapy Board’s administrative services report for fiscal year 2024–25 showed revenues exceeding expenditures and a small reversion to the fund, but staff warned reserves are projected to decline under conservative budgeting.
Executive Officer Kaiser reported the board reverted $155,000 into its fund at fiscal year close after total expenditures of about $7,023,000 and revenues of $7,674,000. "We were able to revert a $155,000 back to the fund," Kaiser said. He…
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