- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- California
WRT their revenues, the number of licensees doubled between 2000 (11536) to 2007 (20268) . Revenues would logically increase at the commensurate level during the time frame. The variable overhead would increase but the fixed overhead would remain the same. You remember how that works, right?
Then the number of licensees decreased from 2008 to present (9368). Revenues would decrease. The state TOLD us they had accumulated excess revenues so they reduced our licensing fees for several years and then having spent the excess, are now back to the regular fees.
None of which made Mr Baggott's eagle-eyed reportage, of course. Crime fighter extraordinaire.
As for travel and meetings and training, those expenses just don't strike me as being that excessive. Either TAF comes to them for the 4-person training session or they go to TAF for the 30-person session. Whichever groups are traveling to a meeting, none of it is free; not the travel, not the accomodations and *especially* not the meeting room at a hotel. Just the coffee is $200. They charge you for the number of chairs and tables and the linens - everything. The break-even for recovering the costs of renting a meeting room at a professional level hotel or convention center is ~12-15 heads. Ask me how I know.
But, I seem to hold the minority view.
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