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Budget office: BRN fund healthy with more than a year of reserves; union urges use for NEC pay

California Board of Registered Nursing · November 26, 2025
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Summary

A DCA budget analyst told the board that the registered nursing fund ended FY 2024–25 with roughly $76 million (about 13.5 months reserve) and projects reserves to grow to about $87.5 million (15.2 months); SEIU urged the board to use a portion of reserves to improve nursing‑education consultant pay to address a 36% NEC vacancy rate.

A Department of Consumer Affairs budget analyst told the California Board of Registered Nursing on Nov. 19 that the board’s special fund is healthy and growing, while union representatives urged the board to invest in staff wages to address persistent vacancies.

Budget snapshot: Luke Fitzgerald, a DCA budget analyst, presented the board’s fund‑condition statement. FY 2024–25 actuals included an adjusted beginning balance of about $27.5 million, roughly $80 million in revenues (including about $23–23.5 million from initial license fees and…

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