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Florida Administrative Code (Last Updated: April 18, 2024) |
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61. Department of Business and Professional Regulation |
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D61. Departmental |
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61-5. Fees And Unlicensed Activity |
1For the purposes of this chapter, the following definitions shall apply:
12(1) “Anticipated costs” means the projected direct and indirect costs and administrative overhead of a board based upon the current fiscal year’s legislative appropriation enactment and other anticipated initiatives.
41(2) “Reasonable cash balance” means a positive cash balance which must exist at the end of each fiscal year, plus and minus the Department's projections of revenue and expenditures of the board for the next 24-month period.
78(3) “Projection” means the department's projected cash balance for a board based upon a board's projected revenues including license fees, application fees, examination fees, and fines, and the department's projected anticipated costs for the board.
113Specific Authority 115455.203(5) FS. 117Law Implemented 119455.219(1) FS. 121History–New 4-27-94, Amended 8-28-95.
