Annually, the CareerSource Florida Board of Directors approves the budget for the state workforce system. This budget includes federal formula-based funding for Florida’s local workforce development boards as well as the Governor’s reserve funds, which represent 15 percent of the state’s federal Workforce Innovation and Opportunity Act (WIOA) allotment, for use on initiatives led by the CareerSource Florida Board. During this training session, the CareerSource Florida and DEO finance teams provide an overview of the formula funding allocation and how the Governor’s reserve, or set-aside, funding may be used, including a brief history of initiatives funded by the state board.

The goal of the Closer Look sessions is to further inform council members of the key elements of our state workforce system and how the actions of the council and board can help realize the Governor’s workforce development strategy for Florida.

Audience: Strategic Policy & Performance Council members

Date: February 2022