January 16, 2013 - Texas Workforce Commission

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1 COMMISSIONER DIGGS: As you and I
2 discussed earlier this week, I'll follow up with you
3 afterwards on some suggestions.
4 MR. BABIAK: Thank you.
5 Let's move to our next slide. Again,
6 just as -- a quick review. Moving from the total we
7 will now break out our operations into two major
8 sections, our operations that we do not support with
9 general -- general revenue, which is our housing
10 cases, and then the operations that we do support with
11 general revenue. Our original budgeted revenue for
12 our housing cases was 1.2 million. So far we have
13 actually earned $284,007, and the projection of the
14 1,136,000 is simply four times that amount. And that
15 284,000 represents that we have earned 23 percent of
16 our budgeted revenue upon completion of the first
17 quarter.
18 In the first quarter we expended 348,000
19 on our housing cases. The number directly below that,
20 again, is a straight-line projection of that actual
21 expenditure, and it represents expending 28 -- or
22 almost 29 percent of the budgeted amount and would
23 represent spending 123 percent of what we project in
24 revenue. The plan right now is to get caught up in
25 the housing cases so that the revenue exceeds the