2024 Annual Comprehensive Report

Schedule 22 Page 2 of 2

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, 2024

Actual Current

Prior Years

Total

Project

Year

To Date

Authorization

Expenditures:

Economic Opportunity: WIA Adult

7,555,798 4,792,635 3,000,000 7,759,352 2,244,504 1,600,000 278,291

6,233,849 3,791,842 570,032 5,936,506 1,777,141 278,291 44,350 115,476 100,800 (172,292) 325,755 490,678

1,138,243 990,213 465,838 1,227,279 410,610

7,372,092 4,782,055 1,035,870 7,163,785 2,187,751 278,291 44,350 250,343 100,800 (424,612) 325,755 490,678

WIA Dislocated Worker WIA Dislocated Worker (2022)

WIA Youth

Administrative Cost Pools

Guilford Jobs 2030

Disaster Recovery - COVID

Wired Grants

44,350 262,164 366,000 324,975 514,500 490,812 75,000 35,000 5,000 27,500 400,500 839,000 892,408

Rental Expenditures

134,867

TechBoost

Guilford Apprenticeship

(252,320)

Guilford ETWI

WDB ETWI- COVID Bus Service 2020 Bus Service 2024

75,000

75,000

78

78

Mt Zion

672

818

1,490 12,045 238,671 725,206 365,735

Ready 4 School Ready 4 Life

12,045 238,688 726,234 509,485

WDB Bus Service Finish Line Infrastructure Virtual Reality

(17)

(1,028)

(143,750)

5,000

Golden Leaf

384,550

Program Leases

1,244,174

1,244,174

Debt Service:

Principal Maturities

821,898 231,995

441,568 113,611 4,526,010

1,263,466 345,606 27,878,629

Interest, Fees on Long-term Debt

Total Expenditures

31,897,339

23,352,619

Excess of Revenues Over (Under) Expenditures

(2,288,222)

726,092

(1,562,130)

Other Financing Sources: Lease Liabilities Issued

1,244,174

1,244,174

Excess of Revenues and Other Financing Sources Over (Under) Expenditures

$

(1,044,048)

726,092

(317,956)

Fund Balance - July 1

(1,044,048)

Fund Balance - June 30

$ (1,044,048)

$

(317,956)

$

(317,956)

-85