Title
a. Receive the Monterey County Workforce Development Board FY 2018-19 First Quarter Financial Status Report for the Workforce Innovation and Opportunity Act (WIOA) funded programs through September 30, 2018.
b. Support authorizing the Monterey County Workforce Development Board to reduce the frequency of budget reports provided to the Budget Committee from the current quarterly submittals to twice per year.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors Budget Committee:
a. Receive the Monterey County Workforce Development Board FY 2018-19 First Quarter Financial Status Report for the Workforce Innovation and Opportunity Act (WIOA) funded programs through September 30, 2018.
b. Support authorizing the Monterey County Workforce Development Board to reduce the frequency of budget reports provided to the Budget Committee from the current quarterly submittals to twice per year.
SUMMARY/DISCUSSION:
Workforce Innovation and Opportunity Act (WIOA) revenues are drawn down from the State Employment Development Department (EDD) and from the Department of Labor (DOL) as expenses are incurred. Expenses are paid on a reimbursement basis from State and Federal allocations. Program expenditures are aligned with program revenue. The Workforce Development Board (WDB) receives its funding in two rounds for the Adult and Dislocated Worker programs. The first round of funding is July 1, 2018 - September 30, 2018; the second-round funding is October 1, 2018 - June 30, 2019. The Youth program funds were received in June 2018 for the period of April 1, 2018 through March 31, 2020.
As the fiscal agent for regional grants, the WDB is the lead on several initiatives for the Coastal Regional Planning Unit (RPU) which includes the Workforce Development Boards of Monterey, Santa Cruz, San Luis Obispo and Santa Barbara Counties. The Coastal RPU has received funding for the planning and oversight of the Slingshot Healthcare Initiative and a pre-apprentice...
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