Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Department of Commerce & Insurance to reassign small regulatory programs to board staff to help close deficit
Summary
The department plans to assign administration of three small regulatory programs to the board’s executive director team, allocating up to 25% of Jen Binkley’s time and projected annual savings for the board of about $60,000; the board’s FY2025 deficit was reported as $77,868.
The Tennessee Department of Commerce and Insurance told the board it will assign administration of three small regulatory programs to the board’s executive‑director team beginning in August as part of a plan to reduce the board’s operating deficit.
Assistant Commissioner Reid Witcher briefed the board on the proposal and underlying financial context. The board’s FY2025 results through June 30 showed a deficit of $77,868, the executive director said. Department staff proposed dedicating up to 25% of Executive Director Jen Binkley’s time, up to 10% of licensing staff time (Karen) and up to 25% of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
