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Workforce Innovation and Opportunity Act Funds <br />November 2, 2021 <br />Page 2 <br />2 <br />1 <br />7 <br />2 <br />Revenues <br />WIOA Programs Projected Grant <br />Award Allocation <br />Actual Grant Award <br />Allocation Difference <br />Adult $ 773,000 $ 726,100 ($ 46,900) <br />Dislocated Worker 424,090 481,757 57,667 <br />Youth 886,720 751,794 (134,926) <br />Rapid Response 261,070 375,146 114,076 <br />Totals $2,344,880 $2,334,797 ($ 10,083) <br />Expenditures <br />WIOA Program Adopted Actual Difference <br />Totals $2,325,490 $2,334,797 $9,307 <br />Use of the Rapid Response and Layoff Aversion funds are to be used to defray the cost <br />of required and allowable Rapid Response activities in response to layoffs, business <br />closures, and natural disasters. Rapid Response funds will be released to the City through <br />a unilateral modification to the Program Year 2021-22 subgrant agreement with EDD. <br />FISCAL IMPACT <br />Approval of the appropriation adjustment will reduce the revenue budget in the WIOA <br />revenue account (no. 12318002-52001) by $10,083 and increase the Rapid Response <br />budget by $9,307 in account (no. 12318756-various) for expenditure during FY 21-22. <br />Fiscal Impact Verified By: Kathryn Downs, CPA, Executive Director – Finance and <br />Management Services Agency <br /> <br />EXHIBIT(S) <br />1. Information Notice WSIN21-06 <br />Submitted By: Steven Mendoza, Assistant City Manager <br />Approved By: Kristine Ridge, City Manager