Narrative: b. 5.

The Office of Workforce Development (OWD) established OWD Issuance 14-2018, Transfer Amount Allowable between Workforce Innovation and Opportunity Act Adult Program and Dislocated Worker Program Funding Streams Policy, to address the transfer of funds between the adult and dislocated worker programs.  Effective July 1, 2015, the maximum amount of adult program and dislocated worker program funds that can be transferred per annual allocation including both the Program Year (PY) and Fiscal Year (FY) allocations is 100 percent. The policy details the requirements for notifying OWD of the transfers and submitting local plan modifications.

All transfer requests must be submitted through the Department of Higher Education and Workforce Development’s Financial Reporting System (FRS).  When the total exceeds 20 percent the transfer request must be submitted through the local plan modification process. Transfers from administrative funds to program funds within the same program’s funding stream (i.e., adult FY administrative funds to adult FY program funds) do not require a plan modification.

Before submitting a transfer request, the local WDB is required to analyze the changing economic conditions in the local area in order to identify the need for a transfer request. If there is a need to transfer more than the 20 percent of the original allocated or re-allotted formula allocation, the local WDB must submit a local plan modification to OWD that includes the following information:

• The percent and dollar amount of the LWDA’s Adult or Dislocated Worker formula funds to be transferred; and

• The justification for the transfer must be explained in the request, described in the local plan modification, and must, at a minimum, include the following information:

1) General purpose or reason for the transfer between ault and dislocated worker programs;

2) An explanation of the need for the transfer;

3) Information on how the transfer will affect the program from which the funds are being transferred; and

4) A narrative explanation of how the transferred funds will be used. Local WDBs are still expected to continue operating adult and dislocated worker programs and to meet their agreed upon performance numbers, regardless of the funding transfer.

Transfer requests are reviewed by the OWD program managers overseeing the adult and dislocated worker programs. Requests are approved if all the above criteria is met.