Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board reviews fund condition as staff lays out fee options to avert projected shortfall
Summary
The Board of Chiropractic Examiners heard a DCA budget office presentation showing declining months-in-reserve and options to address a structural imbalance, including raising renewal fees, repaying a longstanding loan and further internal analysis of fee drivers.
The Board of Chiropractic Examiners on Jan. 16 reviewed its fund-condition statement and early options to address a projected budget shortfall.
Andrew Trude, a budget analyst with the Department of Consumer Affairs, told the board the fund ended the prior year with roughly $3.65 million in reserve (about 7.9 months) after collecting roughly $5.43 million in revenue and expending about $4.83 million. "The fund condition is a snapshot in time," Trude said, noting that future legislation or unanticipated events could increase resource needs.
Matt Nishimini, a research…
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
