LIC 9268 Form 5-4: Calculation Of Net Operating Expenses

The LIC 9268 Form 5-4 is used to calculate the net operating expenses for facilities regulated by the California Department of Social Services. This form considers income, expenses, and other financial factors to determine the net operating expenses, which represent the difference between total income and total expenses. It helps facility operators assess their financial performance and viability, identifying areas for improvement and ensuring sound fiscal management. By completing this form, facility operators gain insights into the financial health of their operations and can make informed decisions regarding budgeting and resource allocation.