Budget, Tax, and Record-Keeping Requirements for YoungStar One of the minimum requirements to earn a 3 Star rating in YoungStar is for child care providers to create and follow a budget and to complete accurate and timely tax records. The information below is meant to provide clarification for providers who are looking to earn this point. If you have further questions about this or any YoungStar indicator, please contact your YoungStar Technical Consultant. Family Child Care Programs YoungStar budget and tax quality information can be found within the Family Child Care criteria on the YoungStar Quality Rating Indicator Information and Points Detail page Tools to help create a Family Child Care budget Creating a Budget for Family Providers: Instructions for Creating a Budget and Frequently Asked Questions Spanish Part A: Estimating Expenses: Sample Template Spanish Part B: Creating a Budget for Family Child Care: Sample Template Spanish Part C: Line Item Budget Breakout: Sample Template Spanish Part D: Comparing Estimated Expenses to Actual Expenses: Sample Template Spanish 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 Child Care Programs YoungStar budget and tax quality information can be found within the Group Child Care criteria on the YoungStar Quality Rating Indicator Information and Points Detail page (required for 3, 4, and 5 Stars) Tools to help create a Group Child Care 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 and Day Camp Child Care Programs YoungStar budget and tax quality information can be found within the School-Age and Day Camp criteria on the YoungStar Quality Rating Indicator Information and Points Detail page Tools to help create a School-Age and Day Camp 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
