Pay For Success Contingency Reserve
skip breadcrumbsBudget Highlights
The Executive Budget includes $69 million to continue support of Pay for Success Initiatives, unchanged from FY 2019. While payments under Pay for Success contracts will generally occur several years after services are delivered, to allow time for outcomes to be measured, the Pay for Success appropriation authority is necessary to enter into the contracts. For example, the State entered into a contract with an intermediary organization to manage the Employment to Break the Cycle of Re-Incarceration project, including raising the necessary capital to support project costs in the first instance. The project is supported by private sector funds.
Program Highlights
In FY 2014 the State launched the nation's first state-led Pay for Success project, Employment to Break the Cycle of Re-Incarceration, to train and employ approximately 2,000 formerly incarcerated individuals. In FY 2020, the Pay For Success funding will contribute to the Governor's $175 million Workforce Development Initiative.
| Category | Available FY 2019 |
Appropriations Recommended FY 2020 |
Change From FY 2019 |
Reappropriations Recommended FY 2020 |
|---|---|---|---|---|
| Aid To Localities | 69,000,000 | 69,000,000 | 0 | 0 |
| Total | 69,000,000 | 69,000,000 | 0 | 0 |
| Fund Type | Available FY 2019 |
Recommended FY 2020 |
Change |
|---|---|---|---|
| General Fund | 69,000,000 | 69,000,000 | 0 |
| Total | 69,000,000 | 69,000,000 | 0 |
| Program | Available FY 2019 |
Recommended FY 2020 |
Change |
|---|---|---|---|
| Pay for Success Contingency Reserve | |||
| General Fund | 69,000,000 | 69,000,000 | 0 |
| Total | 69,000,000 | 69,000,000 | 0 |
Note: Most recent estimates as of 1/15/2019