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Board reviews fund condition, considers temporary fee reductions to lower reserve
Summary
Board staff and Department of Consumer Affairs budget staff presented projections showing the board's reserve would exceed the 24‑month statutory cap; staff outlined two scenarios for temporary fee reductions and said regulations may be used without changing statutes, subject to legal review.
Board staff and representatives from the Department of Consumer Affairs briefed the Board of Behavioral Sciences on March 14 about the board’s reserve balance and options to reduce an approaching statutory overage.
Steve Sodergren, the board’s executive officer, summarized a prior auditor’s fee study and said revenue growth has outpaced projected expenditures, producing a reserve projected to reach about 25.7 months under current fees—exceeding the Business and Professions Code cap that the board must address.…
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