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Board approves revenue-study scope, authorizes funding steps and delegates interim authority
Summary
The Board voted to approve a draft scope of work for a comprehensive revenue/fee study, authorized staff to pursue budget change proposals to finance it and delegated interim decision-making to the executive committee to expedite an RFP and next steps.
The Board of Vocational Nursing and Psychiatric Technicians on Nov. 18 approved a scope of work for a revenue and fee study and authorized staff to pursue related budget actions.
Mark Guido, the board’s acting AEO, told members the board is projecting $24.9 million in annual revenue — largely from license renewals and application fees — against roughly $19.8 million in projected expenditures, leaving a projected fund balance of about $28.8 million, or approximately 16.9…
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