A balanced budget that is followed and monitored regularly is extremely important to the child care program.
Develop a balanced budget and the other spreadsheets that are needed to assist in the development of the balanced budget. The child care program had funding in the amount of approximately $500,000. There are 98 children paying $400.00 a month in monthly tuition. The 98 children are of the following ages: 6 infants, 12 toddlers, 25 threes, 30 fours, and 25 fives.
Hint: You will need to determine the number of staff and the staffing pattern for each classroom. The textbook has examples for you to follow. The percentage that child care programs usually budget for salaries, building occupancy (rent, electric, water, insurance), office supplies, food/snacks, equipment for the office, classrooms, and play area can also be found in chapter 5.
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