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HomeMy WebLinkAbout20180484.tiffLocal Workforce Region: Weld WOP Agreement CMS#: 89910 Attachment 3 INFORMAL EXPENDITURE AUTHORIZATION (EA) MODIFICATION Name of Project/Grant: FY18 DI CATED WORKER NFA#: WE19-08 By: rues as approval by the Workforce Region Director for the modifications described below Idendum to the original, executed EA. The NFA for funding changes, if applicable, is if of tlYe W� Workforce Region: I accept the funding changes provided in the attached NFA. I request and approve this Informal EA modification. a,a. Date Date Center, Director Title: 18� MODIFICATIONS: PROGRAM OUTCOMES 7�lt 4th Quarter April 1 to June TEGORY 30, 2018 Y Par ipants* 1,14-144..J 20 Psrrt ipants436 115 ed Popuiations444 122 rte, mp at 2nd Quarter* 75.5% ' Erepl at 4th Quarter* 71.5% Median Earnings at 2nd Quarter* $8,440 Credential Attainment* SQO% 1. The Purpose and Rationale for this modification is: By: To reduce the total participants and adjust the carry in, new participants and targeted populations n rdlugly. 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 is mluhuam wage, increase in tuition and training city and the Increase In Work Based Learning clients that have been served hi comparison to remit years. Additionally, at the start of PY17 the tuition cap was S2,300 and has since been raised to $4,500 for in demand sectors. 60m r ea-k-akts as-2l-�8 Page 1 of 1 /15 ILI -IT 2018-0484 NRoosq Local Workforce Region: Weld WDP Agreement CMS#: 89950 Attachment 3 INFORMAL EXPENDITURE AUTHORIZATION (EA) MODIFICATION Name of Project/Grant: FY18 ADULT NFA#: WE 17-08 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: ►�1 B I accept the funding changes provided in the attached NFA. I request and approve this Informal EA modification. Tam i Grant `~ Date It By: Date Srkforce Center, Director Title: I. MODIFICATIONS: PROGRAM OUTCOMES Adult 4th Quarter CATEGORY April 1 to June 30, 2018 Total Participants* 238 217 Carry In 89-56 New 161 Targeted Populations 2-33184 % Employed at 2nd Quarter* 74.9% % Employed at 4th Quarter* ' 70.4% Median Earnings at 2nd Quarter* $7,388 Credential Attainment* 51.9% 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 Based Learning clients that have been served in comparison to recent years. Additionally, at the start of PY17 the tuition cap was $2,500 and has since been raised to $4,500 for in demand sectors. Page 1 of 1 Hello