103 - Department of Commerce
Last Updated: 04/04/2024
Summary Financial Report for 2023-25 Biennium to Date
Dollars in thousands
All Funds Variance to Date
337,698 Underexpenditure
48.2% Underexpenditure
Planned vs. Actual Cumulative Expenditures - All Funds
Monthly Planned vs. Actual Expenditures - All Funds
Monthly Planned vs. Actual Expenditures - GFS
Expenditure by Program
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Administrative Services | 6,960 | 2,659 | 4,302 | 61.8% |
| Director's Office | 376 | 376 | 100.0% | |
| Operational Services Center | 924 | (924) | ||
| Community Services and Housing | 492,319 | 274,819 | 217,500 | 44.2% |
| Energy Division | 81,705 | 23,358 | 58,347 | 71.4% |
| Local Government | 60,500 | 34,475 | 26,024 | 43.0% |
| Office of Economic Development and Competitiveness | 58,705 | 26,632 | 32,073 | 54.6% |
| Totals | 700,565 | 362,867 | 337,698 | 48.2% |
FTE
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Administrative Services | 135 | 118 | 17 | 12.4% |
| Director's Office | 4 | 4 | 100.0% | |
| Operational Services Center | ||||
| Community Services and Housing | 250 | 201 | 49 | 19.8% |
| Energy Division | 102 | 76 | 27 | 26.2% |
| Local Government | 103 | 78 | 25 | 24.3% |
| Office of Economic Development and Competitiveness | 67 | 48 | 19 | 28.6% |
| Totals | 661 | 520 | 141 | 21.3% |
Expenditure by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 132,686 | 121,536 | 11,150 | 8.4% |
| General Fund Private/Local | 1,134 | (14,680) | 15,814 | 1,394.4% |
| General Fund State | 268,783 | 127,967 | 140,815 | 52.4% |
| Other Funds Federal | 37,155 | 40,673 | (3,518) | (9.5%) |
| Other Funds Non-Appropriated | 14,211 | 18,621 | (4,410) | (31.0%) |
| Other Funds State | 246,595 | 68,748 | 177,847 | 72.1% |
| Totals | 700,564 | 362,865 | 337,698 | 48.2% |
Revenue by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 284,156 | 210,663 | (73,493) | (25.9%) |
| General Fund Private/Local | 722 | 3,687 | 2,965 | 410.7% |
| General Fund State | (122) | (122) | ||
| Other Funds Federal | 114,207 | 49,258 | (64,949) | (56.9%) |
| Other Funds State | 147,172 | 15,243 | (131,929) | (89.6%) |
| Totals | 546,257 | 278,729 | (267,528) | (49.0%) |
Revenue by Fund
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund | 284,878 | 214,227 | (70,650) | (24.8%) |
| State Building Construction Account | 1 | 1 | ||
| Public Works Assistance Account | 44,769 | (60,775) | (105,544) | (235.8%) |
| Lead Paint Account | 201 | 40 | (161) | (80.2%) |
| Home Security Fund Account | 73,049 | 45,123 | (27,926) | (38.2%) |
| Affordable Housing for All Account | 17,381 | 11,419 | (5,962) | (34.3%) |
| Financial Fraud and Identity Theft Crimes Investigation and Prosecution Account | 965 | 798 | (167) | (17.3%) |
| Low-Income Weatherization and Structural Rehab. Assistance Account | 156 | (156) | (100.0%) | |
| Transitional Housing Operating and Rent Account | ||||
| Foreclosure Fairness Account | 572 | 817 | 245 | 42.8% |
| Low-Income Home Rehabilitation Account | 14 | 14 | ||
| Energy Efficiency Account | 166 | 23 | (143) | (86.1%) |
| Landlord Mitigation Program Account | 3,002 | 6,779 | 3,777 | 125.8% |
| Statewide Broadband Account | ||||
| Community and Economic Development Fee Account | 246 | 743 | 497 | 201.8% |
| Equitable Access to Credit Program Acct | 1,075 | 1,075 | ||
| Growth Management Planning and Environmental Review Account | 1,200 | 1,200 | ||
| Covenant Homeownership Account | 4,147 | 4,147 | ||
| State Taxable Building Construction Account | 10 | (10) | (100.0%) | |
| Coronavirus Capital Projects Account | 21,412 | (21,412) | (100.0%) | |
| Washington Housing Trust Fund | 2,002 | 1,027 | (975) | (48.7%) |
| Coronavirus State Fiscal Recovery Fund | 92,784 | 216 | (92,568) | (99.8%) |
| Miscellaneous Program Account | 1,553 | 49,933 | 48,380 | 3,115.2% |
| Prostitution Prevention and Intervention Account | 21 | 11 | (10) | (48.5%) |
| Public Facility Construction Loan Revolving Account | 3,089 | 1,911 | (1,178) | (38.1%) |
| Totals | 546,256 | 278,729 | (267,526) | (49.0%) |
Deficit Fund Balance
| Program | BTD Balance | Proj. Balance |
|---|---|---|
| Public Works Assistance Account | (2,929) | 204,022 |
| Affordable Housing for All Account | 12,050 | (13,139) |
| Community Preservation and Development Authority Account | 2,707 | (679) |
| Low-Income Weatherization and Structural Rehab. Assistance Account | 20 | (517) |
| Transitional Housing Operating and Rent Account | ||
| Foreclosure Fairness Account | (697) | (2,154) |
| Andy Hill Cancer Research Endowment Fund Match Transfer Account | 7,918 | (3,184) |
| Landlord Mitigation Program Account | (1,748) | (2,682) |
| Statewide Tourism Marketing Account | 2,514 | (1,245) |
| Community and Economic Development Fee Account | 44 | (2,302) |
| Apple Health and Homes Account | (769) | (19,684) |
| Electric Vehicle Incentive Account | (609) | (52,035) |
| Community Reinvestment Account | (1,633) | (154,731) |
| Growth Management Planning and Environmental Review Account | 976 | (3,827) |
| Covenant Homeownership Account | 4,146 | (145,885) |
| Washington Housing Trust Fund | (518) | 2,151 |
| Hanford Area Economic Investment | (21) | 14 |
