Board staff reports reserves, licensing activity, exam administration and enforcement metrics

At the Aug. 22 meeting, Executive Officer Steve Sodergren delivered the board—s regular executive officer report covering budget, staffing, licensing volumes, examination activity and enforcement metrics.

Budget and reserves

Sodergren reported an authorized fiscal-year 2024–25 budget of $14,061,000. The board began the fiscal year with a reserve of $16,240,000 and projected an ending reserve of roughly $25,100,000 — about a 19.1-month reserve — after anticipated expenditures. Revenue collections were reported at about $22.6 million to date and projected to end the year at about $23.6 million. Projected total expenditures were roughly $14.7 million; staff noted the board would address reserves in a future fee-setting process.

Staffing and operations

Staffing updates included several promotions and hires across licensing, enforcement and administrative units; the board reported three current vacancies. Sodergren reported the board issued 3,995 registrations and licenses in the quarter, bringing the total registrant/licensee population to roughly 851,854 (a 2% growth for the period) and 270 supervisor…