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Commissioners press budget office on pension balance after year-end report; license-plate update given
Summary
The budget office presented fiscal year 2024–25 results and fund balances; commissioners asked the office to verify the Boxer Pension Fund balance after several recent payouts. Staff also reported the specialty license-plate design has passed DMV review and is undergoing CHP visibility testing.
The California State Athletic Commission's budget office reported year-end 2024–25 revenue and expenditures at the commission’s Sept. 8 meeting and commissioners raised questions about the accuracy of the Boxer Pension Fund balance after recent sizable payouts.
Budget numbers presented Budget analyst Bridal Voo reported the commission’s fiscal-year figures and fund balances: - Commission Support Fund: expenditures $2,381,000; revenue $2,136,000; fund…
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