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BHGS fund condition shows months in reserve declining; bureau to pursue fee study
Summary
Budget analysts reported the Bureau of Household Goods and Services projects about $10.4 million on hand (roughly 8.9 months reserve) and cautioned that personnel, enforcement, and rent cost pressures could reduce reserves; a fee study tied to SB 814 is planned.
The Bureau of Household Goods and Services reported an estimated fund balance of about $10.4 million — roughly 8.9 months in reserve — for fiscal year 2024–25, budget office staff told the advisory council on May 8.
Ryan Harrington, a budget analyst with the California Department of Consumer Affairs, said the bureau projects approximately $10.9 million in revenue for the current year but expects expenditures to rise toward $12.9 million, driven in part by personnel cost…
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