340 - Student Achievement Council
Last Updated: 10/13/2021
Summary Financial Report for 2021-23 Biennium to Date
Dollars in thousands
All Funds Variance to Date
(5,958) Underexpenditure
(3.3%) 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 | 2,351 | 1,780 | 570 | 24.3% |
| Advanced College Tuition Payment | 1,387 | 1,165 | 222 | 16.0% |
| Student Financial Assistance | 179,120 | 185,870 | (6,749) | (3.8%) |
| Totals | 182,858 | 188,815 | (5,957) | (3.3%) |
FTE
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Coordination and Policy | 48 | 61 | (13) | (26.9%) |
| Advanced College Tuition Payment | 27 | 26 | 2 | 6.2% |
| Student Financial Assistance | 44 | 15 | 29 | 66.5% |
| Totals | 120 | 101 | 18 | 15.2% |
Expenditure by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 1,054 | 754 | 301 | 28.5% |
| General Fund Private/Local | 6 | (6) | ||
| General Fund State | 128,919 | 137,922 | (9,003) | (7.0%) |
| Other Funds Non-Appropriated | 3,912 | 1,488 | 2,424 | 62.0% |
| Other Funds State | 48,973 | 48,646 | 327 | 0.70% |
| Totals | 182,858 | 188,816 | (5,957) | (3.3%) |
Revenue by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 1,054 | 525 | (529) | (50.2%) |
| General Fund State | 24 | 12 | (12) | (51.6%) |
| Other Funds Federal | 131 | (131) | (100.0%) | |
| Other Funds State | 4,818 | 4,948 | 129 | 2.7% |
| Totals | 6,027 | 5,485 | (543) | (9.0%) |
Revenue by Fund
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund | 1,078 | 537 | (541) | (50.2%) |
| Medical Student Loan Account | 252 | 252 | ||
| Student Achievement Council Tuition Recovery Trust Fund | 179 | 179 | ||
| Behavioral Health Loan Repymt Prog Acct | 1,000 | 1,000 | ||
| Washington College Savings Program Account | 260 | 240 | (20) | (7.6%) |
| Health Professionals Loan Repayment and Scholarship Program Account | 3,314 | 3,175 | (139) | (4.2%) |
| State Educational Trust Fund Account | 49 | 27 | (22) | (44.8%) |
| Four Year Student Child Care in Higher Education Account | 75 | 75 | ||
| Totals | 6,028 | 5,485 | (543) | (9.0%) |
Deficit Fund Balance
| Program | BTD Balance | Proj. Balance |
|---|---|---|
| WA Opportunity Pathways Account | 23,989 | (23,351) |
| Medical Student Loan Account | 252 | (228) |
| Student Loan Advocate Account | (39) | (153) |
| Educator Conditional Scholarship Account | (104) | (934) |
| State Educational Trust Fund Account | 29 | (907) |
