Description:
On the path to addressing the current inequities of the market rate calculations for fully valuing the expense of providing quality early childhood care and education in the state, a subcommittee of the Subsidy Advisory Committee to the North Carolina Division of Child Development and Early Education proposed an interim move that would address some of the issues facing providers serving the greatest share of children in need of child care assistance. The proposal would move the reimbursement rate for qualifying early childhood care and education programs to either the statewide market rate (for their star level and for the age of the child receiving subsidy) or the established county market rate, whichever is more. In so doing, the statewide market rate would serve as a floor for reimbursing providers and create greater equity in funding across the state. The following analysis provides an estimate of the fiscal benefits to providers of this proposal to use the statewide market rate as a floor. (author abstract)
Resource Type:
Reports & Papers
Publisher(s):
Country:
United States
State(s)/Territories/Tribal Nation(s):
North Carolina