The California Financing Law requires each licensed lender, broker, and program administrator licensee to pay its pro rata share of all costs and expenses of the administration of the law, as estimated by the Commissioner, for the ensuing year and any deficit actually incurred or anticipated in the administration of the law in the year in which the assessment is made. Cal. Fin. Code § 22107(a). A licensee’s pro rata share is the proportion that a licensee’s gross income bears to the aggregate gross income of all licensees as shown by the annual financial reports to the commissioner, for the costs and expenses remaining after the amount assessed. Id.
