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CSLB projects larger year‑end reserves, flags 7% vacancy rate

Contractors State License Board · December 29, 2025
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Summary

Budget staff reported an authorized budget of $83 million and year‑end projections of $96 million, projected reserves to increase to about $62 million, and a 7% vacancy rate (30 of 423.5 positions); staff also received approval to increase grant disbursements from $175,000 to $225,000 this fiscal year.

Budget staff presented a fiscal update showing an authorized CSLB budget of $83,000,000 and year‑end projections near $96,000,000 for the fiscal year. The materials show a beginning fund balance of $56,800,000 and a projected…

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