Budget, Tax and Record-Keeping Requirements for YoungStar

Family

YoungStar Budget and Tax Quality Information for Family Child Care Programs

Tools to help programs create a budget:

• Creating a Budget for Family Providers: Instructions for Creating a Budget and Frequently Asked Questions
  • Part A: Estimating Expenses:   Sample    Template
  • Part B: Creating a Budget for Family Child Care:   Sample    Template
  • Part C: Line Item Budget Breakout:   Sample    Template
  • Part D: Comparing Estimated Expenses to Actual Expenses:   Sample    Template
    • List of Sample Income and Expenses for Family Providers
    • Template for Comparing Estimated Expenses to Actual Expenses Monthly
  • Part E: Actual Expenses Worksheet:   Sample    Template
    • Definitions of Actual Expenses
• Keeping Track of Hours Worked in the Home (Business Hours)

Group

YoungStar Budget and Tax Quality Information for Group Child Care Programs

Tools to help programs create a budget:

• List of Sample Income and Expenses for Group and School-Age Programs
• Templates:
  • Line-Item Budget Template
  • Line-Item Comparison of Estimates to Actual Income and Expenses Worksheet
  • Comparison of Estimates to Actual Income and Expenses Template
  • Sample Budget
  • Sample Budget Justification

School-Age

YoungStar Budget and Tax Information for School-Age Care Programs

Tools to help programs create a budget:

• List of Sample Income and Expenses for Group and School-Age Programs
• Templates:
  • Line-Item Budget Template
  • Line-Item Comparison of Estimates to Actual Income and Expenses Worksheet
  • Comparison of Estimates to Actual Income and Expenses Template