Budget

354 - Workforce Training and Education Coordinating Board

Last Updated: 04/07/2025

Summary Financial Report for 2023-25 Biennium to Date

Dollars in thousands

All Funds Variance to Date

2,598 Underexpenditure

5.3% 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
Management and Delivery Program	12,675	9,129	3,547	28.0%
SBCTE Management and Delivery Program	17,671	17,474	197	1.1%
SPI Management and Delivery Program	16,792	18,023	(1,231)	(7.3%)
Private Vocational School Licensing	921	968	(48)	(5.2%)
Tuition Recovery Fund	482	185	297	61.7%
Veterans Course Approval	698	856	(158)	(22.6%)
Workforce Investment Act	177	184	(7)	(4.2%)
Totals	49,416	46,819	2,597	5.3%

FTE

Program	Estimate	Actual	Variance	% Variance
Management and Delivery Program	21	22	(1)	(6.2%)
Private Vocational School Licensing	4	4	(0)	(11.4%)
Tuition Recovery Fund	0.50	0.30	0.20	40.0%
Veterans Course Approval	2	3	(1)	(30.4%)
Workforce Investment Act	5	6	(0)	(3.8%)
Totals	33	35	(2)	(7.4%)

Expenditure by Fund Group

Program	Estimate	Actual	Variance	% Variance
General Fund Federal	35,884	37,036	(1,152)	(3.2%)
General Fund Private/Local	177		177	100.0%
General Fund State	8,155	6,924	1,231	15.1%
Other Funds Federal	250	186	64	25.7%
Other Funds Non-Appropriated	1,550	1,061	490	31.6%
Other Funds State	3,400	1,612	1,788	52.6%
Totals	49,416	46,819	2,598	5.3%

Revenue by Fund Group

Program	Estimate	Actual	Variance	% Variance
General Fund Federal	35,884	34,472	(1,413)	(3.9%)
General Fund Private/Local	177		(177)	(100.0%)
General Fund State	467	434	(33)	(7.1%)
Other Funds State		375	375
Totals	36,528	35,281	(1,248)	(3.4%)

Revenue by Fund

Program	Estimate	Actual	Variance	% Variance
General Fund	36,528	34,905	(1,622)	(4.4%)
Tuition Recovery Trust Account		375	375
Totals	36,528	35,280	(1,247)	(3.4%)