Jeff Musher, the board's finance lead, reviewed the agency's fiscal-year results and related reports. He said the fourth-quarter report showed revenues "over 6,000,000," a near-complete spend of the budget on the expense side, and an ending fund balance of approximately $3,300,000. Musher also summarized the annual financial report and a self-directed five-year trends report used for audits.

Musher noted the internal-audit annual report had been submitted on time and listed oversight audits the agency had passed, including comptroller, cybersecurity, and risk-management reviews. He recommended and presented an internal-audit plan for fiscal 2026 focused on licensing-division processes; the board moved, seconded and adopted the internal-audit plan by voice vote.

Why this matters: the financial report indicates a stable fund balance and a positive variance to budget, and the internal-audit plan will guide internal reviews that oversight agencies will examine in future audits. Board members congratulated staff on the results.