340 - Student Achievement Council
Last Updated: 04/04/2024
Summary Financial Report for 2023-25 Biennium to Date
Dollars in thousands
All Funds Variance to Date
12,599 Underexpenditure
3.0% 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 |
|---|---|---|---|---|
| Coordination and Policy | 19,966 | 13,296 | 6,669 | 33.4% |
| Advanced College Tuition Payment | 4,782 | 4,087 | 695 | 14.5% |
| Student Financial Assistance | 389,346 | 384,111 | 5,235 | 1.3% |
| Totals | 414,094 | 401,494 | 12,599 | 3.0% |
FTE
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Coordination and Policy | 72 | 67 | 5 | 6.9% |
| Advanced College Tuition Payment | 29 | 28 | 0.60 | 2.1% |
| Student Financial Assistance | 28 | 29 | (2) | (5.4%) |
| Totals | 129 | 125 | 4 | 3.2% |
Expenditure by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 8,861 | 3,099 | 5,762 | 65.0% |
| General Fund Private/Local | 36 | 96 | (60) | (164.7%) |
| General Fund State | 234,521 | 234,913 | (393) | (0.2%) |
| Other Funds Non-Appropriated | 15,950 | 12,343 | 3,608 | 22.6% |
| Other Funds State | 154,725 | 151,043 | 3,682 | 2.4% |
| Totals | 414,093 | 401,494 | 12,599 | 3.0% |
Revenue by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 8,861 | 2,835 | (6,027) | (68.0%) |
| General Fund Private/Local | 118 | 5 | (113) | (95.8%) |
| General Fund State | 121 | 121 | ||
| Other Funds Federal | 324 | 324 | ||
| Other Funds State | 6,515 | 7,587 | 1,072 | 16.5% |
| Totals | 15,494 | 10,872 | (4,623) | (29.8%) |
Revenue by Fund
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund | 8,980 | 2,961 | (6,019) | (67.0%) |
| Medical Student Loan Account | 252 | 252 | ||
| Student Achievement Council Tuition Recovery Trust Fund | 146 | 146 | ||
| Behavioral Health Loan Repymt Prog Acct | 750 | 757 | 7 | 0.90% |
| Washington College Savings Program Account | 541 | 541 | ||
| Health Professionals Loan Repayment and Scholarship Program Account | 5,438 | 5,802 | 364 | 6.7% |
| State Educational Trust Fund Account | 338 | 338 | ||
| Four Year Student Child Care in Higher Education Account | 75 | 75 | ||
| Totals | 15,495 | 10,872 | (4,623) | (29.8%) |
Deficit Fund Balance
| Program | BTD Balance | Proj. Balance |
|---|---|---|
| Student Loan Advocate Account | (110) | (45) |
| Student Achievement Council Tuition Recovery Trust Fund | 154 | (94) |
| Washington Student Loan Account | (57,891) | (157,275) |
| Washington College Savings Program Account | (55) | (1,326) |
| Educator Conditional Scholarship Account | (87) | (462) |
| State Educational Trust Fund Account | 428 | (158) |
