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HomeMy WebLinkAbout20180485.tiffLocal Workforce Region: Weld WDP Agreement CMS#: 54599 Attachment 3 INFORMAL EXPENDITURE AUTHORIZATION (EA) MODIFICATION Name of Project/Grant: PYl7 YOUTH NFA#: WE 17-02 This document serves as approval by the Workforce Region Director for the modifications described below and becomes an addendum to the original, executed EA. The NFA for funding changes, if applicable, is attached. On behalf of the Weld Workforce Region: O I accept the funding changes provided in the attached NFA. I request and approve this Informal EA modification. Date orkforce Center, Director I. MODIFICATIONS: a. PROGRAM OUTCOMES By: Date Title: Youth 4th Quarter CATEGORY April 1 to June 30, 2018 Total Participants* X3193 Carry in 94`2 New Participants 126 Targeted Populations 109119 % Employed/in Education or Training at 2nd Quarter* 65.0% % Employed/in Education or Training at 4th Quarter* 56.8% Median Earnings at 2nd Quarter* Credential Attainment* 57.SX 1. The Purpose and Rationale for this modification is: To adjust the carry in and reduce the total participants and targeted populations accordingly. 2. The Impact of this modification on the Delivery of Services, Program Activities, and Training is: This reduction of participants allows for Weld to increase the cost allocated per client. Although there are multiple factors to be considered, Weld would like to highlight the increase in minimum wage, increase in tuition and training cost, and the increase in Work Rased Learning clients that have been served in comparison to recent years. Additionally, at the start of PYl7 the tuition cap was $2,500 and has since been raised to $4,500 for in demand sectors. COWMYKda. ttte CoktS Page 1 of 2 Cc.: H5'O OA --/Y—/8 2018-0485 NR00,51 Hello