Which statement best describes the handling of examination, license, renewal, and other fees collected by the committee?

• A. All fees are paid to the State Treasurer and become part of the general fund; expenditures come from revenues collected over the fiscal year
• B. Fees are kept by the committee to cover administration costs only
• C. All fees are deposited into a special fund not used for general state expenditures
• D. Fees are distributed evenly among board members each quarter

Answer: (A)

In New Jersey, fees collected by the committee are public funds that go to the State Treasurer and become part of the general fund. The committee’s expenditures for examinations, licensing, renewals, and related activities are then funded through the general fund based on the state’s annual budget for the fiscal year. This ensures centralized budgeting, oversight, and accountability for how the money is spent, rather than allowing the funds to be kept by the committee, placed in a separate special fund, or distributed to individual board members.