The Rent Control Board (RCB) is an agency uniquely focused on the financial with analysis of expenses and revenues baked into their DNA. However, it will be their own cash flow up for discussion this week when the RCB meets to discuss their annual budget.

After hearing an update on the current budget, the Board will consider is operating budget for the 18/19 fiscal year at their Thursday meeting.

Staff estimates the department will spend $5,241,630 and take in $5,286,312. The Boards revenue is derived from an annual registration fee of $198 per unit and that fee is not expected to increase this year.

The largest expense for the department is staff.

Read More: http://smdp.com/rent-control-budget-up-for-discussion-this-week/166333