2020 Comprehensive Annual Financial Report

Schedule 2 3

Workforce Investment Act Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual From Project Inception and For the Fiscal Year Ended June 30, 2020

Actual Current Year

Project

Prior Years

Total To Date

Authorization

Revenues:

Intergovernmental: Federal Grants: WIA Adult

$ 6,985,840

$ 5,250,870

$

1,602,019 738,610 1,420,141 341,820

$

6,852,889 3,100,690 5,773,959 1,823,171 83,501 400,000 30,000 126,425 5,851 148,412 418,533 383,403 19,146,834

WIA Dislocated Worker WIA Youth Administrative Cost Pools Wired Grants DW Rapid Response Career Pathways Guilford Apprenticeship Guilford WDB Marketing Fund Guilford WDB Program Enhancement WDB Bus Service Finish Line Infrastructure Total Federal Grants

3,723,051 6,346,051 1,894,991

2,362,080 4,353,818 1,481,351

93,439 400,000 30,000 126,426 30,000 175,000 584,000 465,724 5,851

83,501 400,000 30,000 126,425

5,851

100,000 185,417 178,186

48,412 233,116 205,217 4,589,335

20,860,373

14,557,499

State Grants:

Guilford ETWI

292,000

33,210

70,045

103,255

Local Grants:

GCS Aviation WE 2014-15

145,878

116,250

116,250

Total Intergovernmental

21,298,251

14,706,959

4,659,380

19,366,339

Investment Income (Loss)

(15,935)

312

(15,623)

Charges for Current Services: Sale of Materials Other Revenue

166 478,602

166 500,302

511,354

21,700

Total Revenues

21,809,605

15,169,792

4,681,392

19,851,184

Expenditures:

Economic Opportunity: WIA Adult

6,858,048 3,103,161 5,774,081 1,823,171 80,911

1,607,019 741,028 1,420,141 341,820

5,251,029 2,362,133 4,353,940 1,481,351 80,911

6,985,999 3,723,104 6,346,172 1,894,992 93,439

WIA Dislocated Worker WIA Youth Administrative Cost Pools Wired Grants Rental Expenditures GCS Aviation WE 2014-15 DW Rapid Response Career Pathways Guilford Apprenticeship Guilford ETWI Guilford WDB Marketing Fund Guilford WDB Program Enhancement WDB Bus Service Finish Line Infrastructure Total Expenditures

466,138 116,250 400,000 30,000 126,425 103,255 5,851

21,700

444,438 116,250 400,000 30,000 126,425 59,334 5,851

511,020 145,878 400,000 30,000 126,426 292,000 5,851 30,000

43,921

148,412 418,533 380,985 19,835,221

48,412 233,116 202,799 4,659,956

100,000 185,417 178,186 15,175,265

175,000 584,000 465,724 21,809,605

Excess of Revenues Over (Under) Expenditures

$

(5,473)

21,436

15,963

Fund Balance - July 1

(5,473)

Fund Balance - June 30

$

(5,473)

$

15,963

$

15,963

-7 5 -