Narrative: b. 5.

Per section 133 (b)(4) (4) TRANSFER AUTHORITY.—A local board may transfer, if such a transfer is approved by the Governor, up to and including 100 percent of the funds allocated to the local area under paragraph (2)(A) or (3), and up to and including 100 percent of the funds allocated to the local area under paragraph (2)(B), for a fiscal year between—

§ Adult employment and training activities; and

§ Dislocated worker employment and training activities.

However, State policy will limit the maximum allowable transfer to 75 percent. A local board may send written notice requesting a transfer of funds between adult and dislocated worker funds up to a maximum amount of 50 percent in the first year in which funds are made available. In the second year, local boards may send written notification requesting up to an additional 25 percent.

Written request must include the following information:

1. Why is there a need to transfer funds? (Example: Economic conditions such as high/low unemployment, business closures, etc.)

2. How will the transfer of funds affect the participant levels in both the Adult and Dislocated Worker Programs? Provide an estimated number of Adult and Dislocated Workers expected to be served if the transfer is granted.

3. Explain the impact on jointly funded employment and training programs in the Local Service Delivery System.