354 - Workforce Training and Education Coordinating Board
Last Updated: 04/04/2024
Summary Financial Report for 2023-25 Biennium to Date
Dollars in thousands
All Funds Variance to Date
5,099 Underexpenditure
33.4% 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 |
|---|---|---|---|---|
| Management and Delivery Program | 4,272 | 2,610 | 1,661 | 38.9% |
| SBCTE Management and Delivery Program | 4,293 | 2,549 | 1,744 | 40.6% |
| SPI Management and Delivery Program | 5,810 | 3,957 | 1,853 | 31.9% |
| Private Vocational School Licensing | 363 | 337 | 25 | 6.9% |
| Tuition Recovery Fund | 190 | 137 | 54 | 28.2% |
| Veterans Course Approval | 281 | 342 | (61) | (21.8%) |
| Workforce Investment Act | 75 | 253 | (178) | (238.6%) |
| Totals | 15,284 | 10,185 | 5,098 | 33.4% |
FTE
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Management and Delivery Program | 21 | 21 | (1) | (3.4%) |
| Private Vocational School Licensing | 4 | 4 | (0) | (5.7%) |
| Tuition Recovery Fund | 0.50 | 0.40 | 0.10 | 20.0% |
| Veterans Course Approval | 2 | 3 | (1) | (39.1%) |
| Workforce Investment Act | 5 | 6 | (0) | (5.7%) |
| Totals | 32 | 34 | (2) | (6.2%) |
Expenditure by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 10,658 | 7,332 | 3,325 | 31.2% |
| General Fund Private/Local | 71 | 5 | 65 | 92.5% |
| General Fund State | 3,259 | 2,461 | 798 | 24.5% |
| Other Funds Federal | 1 | (1) | ||
| Other Funds Non-Appropriated | 266 | 259 | 8 | 2.9% |
| Other Funds State | 1,029 | 126 | 903 | 87.8% |
| Totals | 15,283 | 10,184 | 5,098 | 33.4% |
Revenue by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 10,658 | 4,400 | (6,258) | (58.7%) |
| General Fund Private/Local | 71 | (71) | (100.0%) | |
| General Fund State | 187 | 144 | (43) | (22.9%) |
| Other Funds State | 118 | 118 | ||
| Totals | 10,916 | 4,662 | (6,254) | (57.3%) |
Revenue by Fund
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund | 10,915 | 4,544 | (6,371) | (58.4%) |
| Tuition Recovery Trust Account | 118 | 118 | ||
| Totals | 10,915 | 4,662 | (6,253) | (57.3%) |
Deficit Fund Balance
| Program | BTD Balance | Proj. Balance |
|---|---|---|
| Tuition Recovery Trust Account | 75 | (282) |
