PROFESSION FY 2024-25 AND 2025-26 ESTIMATED EXPEND NUMBER OF LICENSEES COST TO REGULATE RENEWAL FEE CAP CURRENT RENEWAL FEE SUFFICIENT CURRENT RENEWAL FEE Pharmacist 36,307 $250 $200 Consultant Pharmacist 3,709 $250 $100 Nuclear Pharmacist 191 $250 $100 Pharmacies Permit 10,209 $250 $250 Pharmacy Technician 55,318 $50 $50 Physical Therapy $3,559,108 $107 Yes Physical Therapist 20,695 $200 $75/$50 Physical Therapist Assistant 12,520 $150 $75/$50 Physician Assistant $3,744,222 13,798 $271 $500 $275 Yes Podiatry $761,164 $335 Yes Podiatric Medicine 1,865 $350 $350 Certifed Podiatric X-Ray Assistant 410 $75 $75 Psychology $1,541,246 $233 Yes Psychologist 6,615 $500 $200 Limited License 7 $500 $25 Respiratory Therapy $1,858,245 15,450 $120 $200/$50 $90/$50 Yes School Psychology $253,119 1,128 $224 $500 $190/$150 Yes Speech-Language Pathology and Audiology $2,132,638 $123 Yes Pathologist and Audiologist 14,698 $500/$100 $75 Pathologist and Audiologist Assistant 2,706 No Cap $50 TOTAL FUND $181,867,905 1,142,899 $159 • Cost to regulate is computed by adding FY 2024-25 and FY 2025-26 projected expenditures and dividing by the total number of non-delinquent active and inactive licensees eligible to renew as of June 30, 2024. • Two amounts in the column for fee caps and/or current fees represent two different amounts for active and inactive licensees. • If there is a projected positive cash balance at June 30, 2030, then the current renewal fee is deemed to be sufficient. 76 MQA Annual Report and Long-Range Plan | FY 2023-24
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