103 - Department of Commerce
Last Updated: 01/07/2025
Summary Financial Report for 2023-25 Biennium to Date
Dollars in thousands
All Funds Variance to Date
418,871 Underexpenditure
22.5% 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 | 33,698 | 14,522 | 19,175 | 56.9% |
| Director's Office | ||||
| Operational Services Center | 19 | (19) | ||
| Community Services and Housing | 1,310,570 | 965,446 | 345,124 | 26.3% |
| Energy Division | 267,088 | 243,605 | 23,483 | 8.8% |
| Local Government | 144,233 | 106,979 | 37,254 | 25.8% |
| Office of Economic Development and Competitiveness | 105,905 | 112,051 | (6,146) | (5.8%) |
| Totals | 1,861,494 | 1,442,622 | 418,871 | 22.5% |
FTE
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Administrative Services | 149 | 131 | 17 | 11.6% |
| Director's Office | ||||
| Operational Services Center | ||||
| Community Services and Housing | 254 | 220 | 34 | 13.4% |
| Energy Division | 98 | 78 | 21 | 21.1% |
| Local Government | 104 | 83 | 21 | 20.0% |
| Office of Economic Development and Competitiveness | 67 | 49 | 18 | 26.9% |
| Totals | 672 | 561 | 111 | 16.5% |
Expenditure by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 308,785 | 267,962 | 40,823 | 13.2% |
| General Fund Private/Local | 3,429 | 290 | 3,139 | 91.5% |
| General Fund State | 716,820 | 565,976 | 150,845 | 21.0% |
| Other Funds Federal | 23,603 | 20,865 | 2,737 | 11.6% |
| Other Funds Non-Appropriated | 22,241 | 54,362 | (32,122) | (144.4%) |
| Other Funds State | 786,617 | 533,168 | 253,449 | 32.2% |
| Totals | 1,861,495 | 1,442,623 | 418,871 | 22.5% |
Revenue by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 551,866 | 357,828 | (194,038) | (35.2%) |
| General Fund Private/Local | 3,458 | 29,941 | 26,482 | 765.8% |
| General Fund State | (213) | (213) | ||
| Other Funds Federal | 211,795 | 50,403 | (161,392) | (76.2%) |
| Other Funds State | 353,408 | 237,057 | (116,350) | (32.9%) |
| Totals | 1,120,527 | 675,016 | (445,511) | (39.8%) |
Revenue by Fund
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund | 555,324 | 387,556 | (167,768) | (30.2%) |
| State Building Construction Account | 1,070 | 1,070 | ||
| Public Works Assistance Account | 100,631 | 23,332 | (77,299) | (76.8%) |
| Lead Paint Account | 466 | 92 | (374) | (80.2%) |
| Home Security Fund Account | 169,707 | 99,212 | (70,495) | (41.5%) |
| Affordable Housing for All Account | 40,379 | 24,932 | (15,447) | (38.3%) |
| Community Preservation and Development Authority Account | 123 | 123 | ||
| Financial Fraud and Identity Theft Crimes Investigation and Prosecution Account | 2,275 | 1,984 | (291) | (12.8%) |
| Low-Income Weatherization and Structural Rehab. Assistance Account | 365 | (365) | (100.0%) | |
| Transitional Housing Operating and Rent Account | ||||
| Foreclosure Fairness Account | 1,427 | 1,487 | 60 | 4.2% |
| Andy Hill Cancer Research Endowment Fund Match Transfer Account | 12,694 | (12,694) | (100.0%) | |
| Washington Sexual Assault Kit Account | (19) | (19) | ||
| Low-Income Home Rehabilitation Account | 14 | 14 | ||
| Fingerprint Identification Account | 19 | 19 | ||
| Energy Efficiency Account | 385 | 179 | (206) | (53.5%) |
| Landlord Mitigation Program Account | 6,974 | 8,721 | 1,747 | 25.1% |
| Statewide Broadband Account | 90 | 90 | ||
| Community and Economic Development Fee Account | 582 | 1,453 | 871 | 149.7% |
| Capital Community Assistance Account | 100 | 100 | ||
| Equitable Access to Credit Program Acct | 1,075 | 1,075 | ||
| Growth Management Planning and Environmental Review Account | 1,932 | 2,629 | 698 | 36.1% |
| Covenant Homeownership Account | 58,088 | 58,088 | ||
| State Taxable Building Construction Account | ||||
| Coronavirus Capital Projects Account | 78,932 | (78,932) | (100.0%) | |
| Washington Housing Trust Fund | 4,750 | 5,693 | 943 | 19.9% |
| Coronavirus State Fiscal Recovery Fund | 132,862 | 249 | (132,614) | (99.8%) |
| Miscellaneous Program Account | 3,666 | 52,570 | 48,904 | 1,334.0% |
| Prostitution Prevention and Intervention Account | 48 | 24 | (24) | (51.0%) |
| Developmental Disabilities Endowment Trust Account | (1) | (1) | ||
| Public Facility Construction Loan Revolving Account | 7,127 | 4,345 | (2,782) | (39.0%) |
| Totals | 1,120,526 | 675,017 | (445,509) | (39.8%) |
Deficit Fund Balance
| Program | BTD Balance | Proj. Balance |
|---|---|---|
| Home Security Fund Account | (204) | (38,674) |
| Affordable Housing for All Account | 21,878 | (17,851) |
| Community Preservation and Development Authority Account | 1,824 | (1,175) |
| Low-Income Weatherization and Structural Rehab. Assistance Account | 58 | (380) |
| Transitional Housing Operating and Rent Account | ||
| Foreclosure Fairness Account | (607) | (850) |
| Washington Sexual Assault Kit Account | (19) | (19) |
| Low-Income Home Rehabilitation Account | (37) | (36) |
| Landlord Mitigation Program Account | (1,294) | (5,102) |
| Statewide Tourism Marketing Account | 3,886 | (2,823) |
| Community and Economic Development Fee Account | (240) | (2,409) |
| Apple Health and Homes Account | (3,754) | (21,340) |
| Electric Vehicle Incentive Account | (46,326) | (97,750) |
| Community Reinvestment Account | (38,457) | (165,615) |
| Growth Management Planning and Environmental Review Account | (358) | (2,797) |
| Covenant Homeownership Account | 19,310 | (77,097) |
| Hanford Area Economic Investment | (58) | (98) |
