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DCA budget office briefs nursing board on fund condition, vacancy drill and revenue projections
Summary
State budget staff told the Board of Registered Nursing May 28 the RN fund is in a stronger condition than earlier post‑COVID years but noted May Revision cuts and vacancy‑reduction drills that will affect the upcoming budget year.
Representatives from the Department of Consumer Affairs budget office briefed the Board of Registered Nursing May 28 on the board’s fund condition, revenue projections and the effect of statewide budget reduction instructions.
Luke Fitzgerald and colleagues presented a fund‑condition statement showing the board’s fiscal year 2023–24 ending balance and a projected current‑year balance. They said the board began 2023–24 with a roughly $77 million beginning balance, collected about $77 million in receipts (about $23 million from initial license fees and $51 million from renewals) and ended the year with…
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