States have an opportunity in 2024 to establish a single, unifying vision for how funding for multiple federal education and workforce development programs can be brought together to promote economic mobility and strengthen their state's economy. State plans authorized by the Carl D. Perkins Career and Technical Education Act of 2006, as amended by the Strengthening Career and Technical Education (CTE) for the 21st Century Act (Perkins V), and the Workforce Innovation and Opportunity Act (WIOA), provide many policy levers that a state can use to advance its education, workforce, and economic development goals. The purpose of this letter is to highlight several critical policy levers available to Governors and other state education and workforce leaders through the Perkins V state planning process, including some that may not have been fully utilized by states in the past. This memorandum is organized under four policy areas, including: (1) state vision and goals; (2) accountability and data; (3) program quality and alignment; and (4) formula, leadership, and reserve funds--with specific guidance in each section and examples of states already implementing these policies. State leaders are encouraged to review this memorandum as they create and expand policies within their Perkins V state plan to improve the quality of CTE programs and help students earn postsecondary degrees and industry credentials that employers need and the economy demands.