The Shared Services Legislative Report outlines the expenditures for the Labor and Workforce Development Shared Services for the fiscal year 2024, as mandated by Chapter 28 of the Acts of 2023. The report details the allocation of funds from line item 7003-0101, which totals $20,489,279.02. These funds are designated for various core administrative functions within the Executive Office of Labor and Workforce Development (EOLWD), including human resources, financial management, information technology, legal services, procurement, and asset management. The EOLWD has centralized these services to better support the needs across the secretariat, contrasting with other secretariats that may keep similar services decentralized within each department.

The report specifies various categories of administrative expenses, including payroll, employee travel, payroll taxes, rent and utilities, management and financial consultants, programmatic costs, infrastructure improvements, and IT costs. Notably, the payroll category is allocated $7,893,751.85, while IT costs are set at $6,398,547.16. Other significant allocations include $1,466,838.73 for management and financial consultants and $588,487.35 for administrative expenses. The detailed breakdown of these expenses reflects the EOLWD's commitment to efficient resource management and support for its operational functions.