340 - Student Achievement Council
Last Updated: 01/07/2025
Summary Financial Report for 2023-25 Biennium to Date
Dollars in thousands
All Funds Variance to Date
12,630 Underexpenditure
1.5% 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 |
|---|---|---|---|---|
| Coordination and Policy | 48,118 | 36,667 | 11,451 | 23.8% |
| Advanced College Tuition Payment | 9,943 | 8,751 | 1,192 | 12.0% |
| Student Financial Assistance | 794,888 | 794,900 | (13) | |
| Totals | 852,949 | 840,318 | 12,630 | 1.5% |
FTE
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Coordination and Policy | 76 | 71 | 5 | 6.6% |
| Advanced College Tuition Payment | 29 | 29 | 0.20 | 0.70% |
| Student Financial Assistance | 29 | 30 | (1) | (4.2%) |
| Totals | 133 | 129 | 4 | 3.0% |
Expenditure by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 20,039 | 11,593 | 8,446 | 42.1% |
| General Fund Private/Local | 923 | 247 | 676 | 73.3% |
| General Fund State | 448,637 | 446,523 | 2,114 | 0.50% |
| Other Funds Non-Appropriated | 38,971 | 31,215 | 7,756 | 19.9% |
| Other Funds State | 344,378 | 350,740 | (6,363) | (1.8%) |
| Totals | 852,948 | 840,318 | 12,629 | 1.5% |
Revenue by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 20,039 | 11,746 | (8,294) | (41.4%) |
| General Fund Private/Local | 1,490 | 50 | (1,440) | (96.6%) |
| General Fund State | 283 | 283 | ||
| Other Funds Federal | 748 | 748 | ||
| Other Funds State | 12,844 | 14,730 | 1,886 | 14.7% |
| Totals | 34,373 | 27,557 | (6,817) | (19.8%) |
Revenue by Fund
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund | 21,529 | 12,079 | (9,450) | (43.9%) |
| Aerospace Training Student Loan Account | 12 | 12 | ||
| Medical Student Loan Account | 504 | 504 | ||
| Student Achievement Council Tuition Recovery Trust Fund | 273 | 273 | ||
| Behavioral Health Loan Repayment and Scholarship Program Account | 1,500 | 1,507 | 7 | 0.50% |
| Workforce Education Investment Account | 23 | 23 | ||
| Washington College Savings Program Account | 1,156 | 1,156 | ||
| Educator Conditional Scholarship Account | (1,222) | (1,222) | ||
| Health Professionals Loan Repayment and Scholarship Program Account | 10,690 | 11,237 | 547 | 5.1% |
| State Educational Trust Fund Account | 1,827 | 1,827 | ||
| Advanced College Tuition Payment Program Account | 9 | 9 | ||
| Four Year Student Child Care in Higher Education Account | 150 | 150 | ||
| Totals | 34,373 | 27,555 | (6,818) | (19.8%) |
Deficit Fund Balance
| Program | BTD Balance | Proj. Balance |
|---|---|---|
| Workforce Education Investment Account | 56,575 | (125,876) |
| Washington Student Loan Account | (65,281) | (144,726) |
| Washington College Savings Program Account | (154) | (1,221) |
| Educator Conditional Scholarship Account | (1,211) | (1,562) |
| WA Career and College Pathways Innovation Challenge Program Account | 11,006 | (792) |
| State Educational Trust Fund Account | (319) | (906) |
