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Financial, Accounting, Auditing and Business Operation

Exploiting 20 Hours ECE funding

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© ChildForum

 

While some for-profit childcare chains are beginning to work now to maximise their Ministry of Education funding over the Christmas and New Year break, this can put other services unaware of how to do this or that it is even allowed, at a financial disadvantage.

See also the guidance and rules on charging parents on public holidays

When a service is closed for statutory holidays and is not providing care for children it does not receive funding.

There is a trick to getting around this.  

The trick is to change how the 20 Hours ECE funding is allocated across the week for each child ahead of each statutory holiday.

But there are conditions that if not met can mean that an early childhood service may find itself reported to the Ministry of Education and in serious trouble.

As a ChildForum member we expect that you will neither blindly nor blatantly rip parents or the taxpayer off.

Keep reading to learn more ... 


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Membership Options

Individual
Member

Who is this for?
Any person who has an interest in early childhood education and care or who works directly with children.

$98.00 12 months from the date of joining
$60.00 6 months student-only

The membership belongs to you, and you only. Enjoy your own personal username and password.

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Who is this for?
Centres, home-based, hospital-based, playgroups ... established or newly licensed. Gives access to professional & research materials enjoyed by individual members PLUS service operation and management area. 

$198.00 12 months for a standalone licensed service
Special rates for organisations with more than 1 licence

The membership belongs to your whole organisation, team members and managers.

Library NZ-International Research
in ECE Journal Subscriber

Who is this for?
Universities, Polytechnics and organisations wishing to have online access to the NZ-Int Research in ECE journal (includes all past and current issues) 

$125.00 annual subscription, renewable in November each year

A username and password for your library users linked to your IP address.