Assisted Living Facilities (ALF) Manager Practice Test

What percentage of revenue must be deposited into the state general fund by the board?

1. 5%

2. 10%

3. 15%

4. 20%

The correct answer is: 10%

In the context of Assisted Living Facilities and their financial obligations, the percentage of revenue that must be deposited into the state general fund is set to ensure that a portion of the funds generated through operations contributes to state resources. The correct answer indicates that 10% of the revenue is required to be allocated to the state general fund. This requirement serves multiple purposes, including supporting public services related to health and safety regulations, funding enforcement of regulations within the assisted living sector, and promoting overall financial accountability among facilities. By mandating a specific percentage, it helps ensure that assisted living facilities participate in contributing to the broader community and state infrastructure. Understanding this percentage is crucial for facility managers when planning budgets and ensuring compliance with state regulations. It expresses the obligation of ALFs to not only manage their internal financial operations effectively but also to align with state laws that govern their contributions to the public fiscal system.