Assumptions

Kids First Daycare-- City of Bayview

2013 Annual Budget--Baseline Budget

Mandates
Annual inspection
Legal child/staff ratio
Center's child/staff ratio
Children
Starting enrollment
Enrollment growth (Feb.-May)
Enrollment growth (June-Dec.)
Employees (rounded up)
Work days/month
Hours/day/employee
Administrative personnel

$600
8
8

120
10%
5%
20
8
2

Salary Expenditures
Hourly wage--daycare worker
Director salary/month
Secretary salary/month
Allocation percent--director/secretary
Fringe Benefits Expenditures
FICA (%)
Unemp/Disability (%)
Pension (%)
Health insurance ($/month)
Employee training/employee
Other Expenditures
Food costs/day/child
Supplies costs/day/child
Capital equipment costs/child
Rent & utilities monthly costs

$3.00
$1.50
$50
$36,000

Revenues
State annual startup grant
City facility subsidy/month
Union subsidy/child/day
Percent union members
Monthly fee/child

$90,000
$3,000
$2.00
70%
$400

$9.25
$3,500
$2,000
25%
7.65%
8.00%
6.00%
$600
$300

Tiny Tots Daycare-- City of Bayview

2013 Annual Budget-- Baseline Budget
Children (rounded up)
Employees (rounded up)

January
120
15

February
132
17

March
146
19

April
161
21

May
178
23

June
187
24

July
197
25

August
207
26

September
218
28

October
229
29

November
241
31

Expenditures:
Salaries
Day-Care Staff
Administrator
Secretary
Sub-total Salaries

$22,200
$875
$500
$23,575

$25,160
$875
$500
$26,535

$28,120
$875
$500
$29,495

$31,080
$875
$500
$32,455

$34,040
$875
$500
$35,415

$35,520
$875
$500
$36,895

$37,000
$875
$500
$38,375

$38,480
$875
$500
$39,855

$41,440
$875
$500
$42,815

$42,920
$875
$500
$44,295

$45,880
$875
$500
$47,255

Fringe Benefits
Social Security
Unemp/Disability
Health Insurance
Pension
Sub-total

$1,803
$1,886
$9,300
$1,415
$14,404

$2,030
$2,123
$10,500
$1,592
$16,245

$2,256
$2,360
$11,700
$1,770
$18,086

$2,483
$2,596
$12,900
$1,947
$19,927

$2,709
$2,833
$14,100
$2,125
$21,767

$2,822
$2,952
$14,700
$2,214
$22,688

$2,936
$3,070
$15,300
$2,303
$23,608

$3,049
$3,188
$15,900
$2,391
$24,529

$3,275
$3,425
$17,100
$2,569
$26,369

$3,389
$3,544
$17,700
$2,658
$27,290

$3,615
$3,780
$18,900
$2,835
$29,131

Sub-total Personel

$37,979

$42,780

$47,581

$52,382

$57,182

$59,583

$61,983

$64,384

$69,184

$71,585

$76,386

Other Expenditures
Food
Supplies
Capital Equipment
Employee training
Annual inspection
Facility rental

$7,200
$3,600
$0
$4,500
$50
$3,000

$7,920
$3,960
$600
$600
$50
$3,000

$8,760
$4,380
$700
$600
$50
$3,000

$9,660
$4,830
$750
$600
$50
$3,000

$10,680
$5,340
$850
$600
$50
$3,000

$11,220
$5,610
$450
$300
$50
$3,000

$11,820
$5,910
$500
$300
$50
$3,000

$12,420
$6,210
$500
$300
$50
$3,000

$13,080
$6,540
$550
$600
$50
$3,000

$13,740
$6,870
$550
$300
$50
$3,000

$14,460
$7,230
$600
$600
$50
$3,000

Sub-Total Other

$18,350

$16,130

$17,490

$18,890

$20,520

$20,630

$21,580

$22,480

$23,820

$24,510

$25,940

Total Expenditures

$56,329

$58,910

$65,071

$71,272

$77,702

$80,213

$83,563

$86,864

$93,004

$96,095

$102,326

Revenues
State startup grant
City facility subsidy
Union subsidy
Fees/child

$7,500
$3,000
$3,360
$48,000

$7,500
$3,000
$3,696
$52,800

$7,500
$3,000
$4,088
$58,400

$7,500
$3,000
$4,508
$64,400

$7,500
$3,000
$4,984
$71,200

$7,500
$3,000
$5,236
$74,800

$7,500
$3,000
$5,516
$78,800

$7,500
$3,000
$5,796
$82,800

$7,500
$3,000
$6,104
$87,200

$7,500
$3,000
$6,412
$91,600

$7,500
$3,000
$6,748
$96,400

Total Revenues

$61,860

$66,996

$72,988

$79,408

$86,684

$90,536

$94,816

$99,096

$103,804

$108,512

$113,648

Net Income/(Deficit)

$5,531

$8,086

$7,917

$8,136

$8,982

$10,323

$11,253

$12,232

$10,800

$12,417

$11,322

$8,086

$16,004

$24,140

$33,122

$43,445

$54,698

$66,930

$77,730

$90,147

$101,469

Cash on-hand/(borrowed)

December
254
32

Total

$47,360
$875
$500
$48,735

$429,200
$10,500
$6,000
$445,700

$3,728
$3,899
$19,500
$2,924
$30,051

$34,096
$35,656
$177,600
$26,742
$274,094

$78,786

$719,794

$15,240
$7,620
$650
$300
$50
$3,000

$136,200
$68,100
$6,700
$9,600
$600
$36,000

$26,860

$257,200

$105,646

$976,994

$7,500
$3,000
$7,112
$101,600

$90,000
$36,000
$63,560
$908,000

$119,212

$1,097,560

$13,566

$120,566

$115,035

The purpose of this spreadsheet is to figure out the budget for a daycare center, and change the assumptions to c
a. What happens to the calulations if the data changes?
As mentioned above, if any of the assumptions are changed from the first sheet, then the second sheet is affected

change the assumptions to create a surplus for the center. The meaning of the data is to represent the costs to run the dayca

n the second sheet is affected. For instance, if one decreases the salary of the daycare workers, then the surplus for the cente

ent the costs to run the daycare. The spreadsheet is used by modifying the data on the first sheet labeled assumptions, which
then the surplus for the center would increase.

et labeled assumptions, which would then change the numbers of the second sheet labeled Baseline Budget.

line Budget.

300

Number of Children & Workers per Month

250

200

150

100

50

Net Income per Month

11%

5%
7%

7%

7%
9%

7%

10%
7%

9%

9%

10%

9%

Number of Children
Number of Workers

Jan
Feb
Mar

Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec