ERIC Number: ED222267
Record Type: Non-Journal
Publication Date: 1982-Apr
Reference Count: N/A
Financial Planning for Military Child Care Centers: A Guidebook Based on the Experiences of the Fort Lewis Child Care Center.
Office of the Assistant Secretary of Defense for Manpower and Reserve Affairs (DOD), Washington, DC.
Good record keeping--along with a constant and detailed knowledge of expenses, income, profit, and loss--is the first step toward profitable management of a child care center. Good record keeping is especially important in a center that provides "drop-in" or occasional care because income may fluctuate greatly as a result of the variable number of children using the center. This guidebook for effective record keeping, one in a series on the subject of military child care centers, is based on the experience and actual operating procedures of the program at Fort Lewis, Washington. It is hoped that the system for record keeping, as well as the financial planning and management techniques explained in this guide, will provide the center's director with answers to the following basic questions: How can I plan a financially sound child care center? How should I budget when income from parent fees controls center expenditures? How should I establish fees and charges that will provide adequate income but not be more than parents can afford? How can I control major expenses so that the center is not wasting its limited funds? On a daily basis, what kinds of records should I keep in order to monitor income and expenditures? and, finally, How can I tell, before it is too late, that the center's expenses are exceeding its income? (MP)
Descriptors: Administrator Role, Day Care Centers, Early Childhood Education, Expenditures, Guidelines, Income, Money Management, Program Budgeting, Recordkeeping, Staff Development
Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402 (Stock No. 008-000-00379-3, $5.50).
Publication Type: Guides - Non-Classroom
Education Level: N/A
Sponsor: Department of Health and Human Services, Washington, DC.
Authoring Institution: Office of the Assistant Secretary of Defense for Manpower and Reserve Affairs (DOD), Washington, DC.