About the Board

Colorado.gov

About the Board

For more detailed information, you may want to review the Division of Registrations Budget Narrative, which includes the following:

Division Description and General Information
Trends/Environmental Scan
Critical Issues
Program Functions and Business Activities
Workload Measures

Funding Sources

The Board of Veterinary Medicine is cash-funded from fees pursuant to Colorado statute. Fees are paid for registration by veterinary doctors.

Fee amounts are established annually for the purpose of covering direct and indirect costs incurred by the Board for licensing and enforcement.

Expenditures and revenues are not always equal. Revenue needs and fee amounts are based on estimated expenses and numbers of revenue payers. These estimates may vary from actual expenses and numbers of payers. Revenue collected that exceeds expenditures remains with the agency and is considered when calculating total revenue needed for the following year.

The following table displays the amount of revenue generated and the amount of expenditures for the Veterinary Medicine Board for fiscal years 04-05 and 06-07, and an estimate for fiscal year 07-08.

	Revenue	Expenditures
FY 05-06 Actual	$250,003	$186,782
FY 06-07 Actual	$194,586	$176,572
FY 07-08 Estimate	$145,571	$192,081

The following pie chart shows the source of revenue for fiscal year 07-08.

Estimated Revenues Fiscal Year 2004-2005: $247,070
(100% Professional and Occupational Licenses)

The following pie chart shows the expenditures for fiscal year 07-08.

Estimated Expenditures Fiscal Year 2004-2005: $251,062
(43% Enforcement; 27% Communication; 21% Licensing; 6% Examining for Licensure; 3% Inspections)

Trends

The veterinary profession has changed over the last several years. More specialty and 24 hour emergency care practices have arisen in urban areas. A lack of veterinarians in rural areas poses a significant problem for the public and those DVMs practicing in such areas. There is consumer interest across the country in attributing legal status to companion animals. There is also consumer interest in securing alternative types of care for their animals in conjunction with veterinary care. The Board has identified problematic care in non-veterinary owned clinics. Internet veterinary pharmacy has become significant across the country. The use of compounded preparations for animals is of special interest to the federal government. The Board expects these trends to continue in the near future, so it will continue to study these issues, and seek input from interested parties and experts prior to revising Board policy.