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Finance committee reviews agency finances, flags hiring gaps and effects of House Bill 2528
Summary
The Finance and Risk Management Committee reviewed a $5,462,744 snapshot of agency funds, discussed licensing-fee revenue tied to May graduations, reported unfilled positions, and noted that House Bill 2528’s implementation timing shifts fiscal impacts into FY26.
The Finance and Risk Management Committee reviewed the agency's financial snapshot and discussed how a change in the implementation date of House Bill 2528 affects hiring plans.
A staff member presented the report and said, "it is, like, 5,462,744," calling the figure a point-in-time snapshot and noting that additional expenditures will occur before the fiscal year ends. The presenter said most revenue is licensing fees and that license-related income typically rises as May graduation cycles approach.
Committee members heard that several positions remain open and have not attracted suitable candidates. "We have some posted, have not been successful in getting candidates really suitable for the positions," the staff member said, noting that vacancies remain a near-term operational concern.
The staff member also said the agency had agreed on a budget the previous day but was still clarifying details for fiscal year 2026–27. On House Bill 2528, the presenter said a fiscal note was prepared for fiscal year 2027–28 but "now they have moved the date into fiscal year '26 for the implementation," a change that adds resources earlier than initially forecast and affects hiring timelines.
Committee members discussed deferring regulation work until the bill's final form is clear. A staff member warned that if the bill's fee provisions remain, "the fee regulations and stuff will have to be revised" to add a new renewal fee.
The committee approved the minutes from the Dec. 11, 2025 meeting; no other formal votes on policy or budget items were recorded. The committee plans to include a finance report and a statute/regulation review on the June 2026 agenda.
The committee adjourned with next steps focused on refining FY26/27 budget details and tracking the final provisions of House Bill 2528.
