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DCA analysts project BRN fund balance will remain healthy but flag state budget letters that could force cuts
Summary
DCA Budget Office staff told the board BRN ended FY 2023–24 with a $27 million reserve (about 5.8 months) and projected an approximately $78.7 million fund balance (14 months) in 2024–25, but identified pending control-section budget letters (vacancy savings and government efficiency reductions) that could impose position eliminations.
A Department of Consumer Affairs budget analyst told the Board of Registered Nursing on Feb. 26 that the BRN’s fund condition shows reserves but cautioned that statewide budget-control letters may reduce positions and require the board to make further adjustments.
Luke Fitzgerald, a DCA budget analyst, presented the board’s fund-condition statement and revenue/expenditure projections. He said the board’s 2023–24 appropriation was about $66.5 million with estimated expenditures of $61.5 million (roughly 92.5% spent), resulting in roughly $5 million in unspent appropriation. For the current fiscal year the board was appropriated about $65.9 million and projected to spend about $64.4 million, leaving a projected reversion of roughly $1.5 million (about 2.3%).
Fitzgerald said the BRN began FY 2023–24 with a beginning balance of roughly $77 million, collected roughly $77 million in receipts (renewals, initial licenses, fines) and ended the year with about $27 million in reserve (about 5.8 months). For 2024–25 he described a projected fund balance of about $78.7 million (about 14 months in reserve), assuming current-year revenue and a loan/payment from the general fund shown in the fund statement.
Budget staff warned that two Department of Finance budget letters — one on vacancy savings/position eliminations (24-20) and a separate government-efficiency reductions control letter (24-24) — instruct state agencies to reduce positions and tighten spending in the coming budget cycle. The budget analyst said the BRN’s fund condition is a snapshot and that personal‑service cost adjustments, pension and salary increases, and any future legislation could increase expenditure pressure.
No board vote followed the presentation. Board members asked for clarification about one-time funds from HCAI used for public-health nurse renewals and the state-funded supplementation, and staff said those were one-time resources.
