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Board notes steady fund condition and flags high continuing‑education audit failure rate
Summary
Executive Officer Anthony Lum presented budget and licensing statistics: the board projects about $265,000 (≈9.3%) remaining at year end and a fund balance of approximately $4.48 million (≈21 months of operations at current staffing). Staff also reported continuing‑education audit failure rates remain about 40% and that enforcement vacancies have
Executive Officer Anthony Lum briefed the full board on budget, licensing, examination and enforcement statistics at the Nov. 8 meeting.
Budget: Lum said the expenditure‑projection report shows roughly $265,000 (about 9.3%) projected remaining for the fiscal year and a fund condition of about $4.48 million, representing approximately 21 months of operations at current staffing levels; prior salary savings from vacancies contributed to earlier…
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