Do you know that fiscal is the number one challenge of round 1 Early Head Start – Child Care Partnership (EHS-CCP) grantees, and the number one reason community-based child care fails is poor fiscal management? The importance of EHS-CCP grantees having a strong fiscal strategy and the tools needed to meet initiative goals cannot be underestimated!
We’re excited to announce that Amy Augenblick, Foundations for Families Executive Director, and Linda Dunphy, Senior Consultant, will be presenting a full-day pre-conference session at the Region IV 2017 Leadership Institute this summer to address these very issues. If you’re a Region IV EHS-CCP grantee and plan to attend the conference, we invite you to join us for a full-day pre-conference session, Fiscal Success = Program Success in EHS-CCP: Revisit and Revamp your “Money” Strategy, on Monday, June 26, 2017. The pre-conference session is best suited for new and emerging administrators and professionals (e.g., Executive Directors, HS and EHS Directors, fiscal officers, other key staff).
In our pre-conference session we’ll help you revisit and revamp your fiscal approach to avoid costly pitfalls. We’ll focus on the six pillars for EHS-CCP fiscal success as the cornerstone to achieving initiative goals. The comprehensive, interrelated pillars are not linear; rather, they are mutually reinforcing. Understanding and putting the pillars into practice will help provide a strong foundation for your program to achieve the goals of the EHS-CCP initiative.
- Establish five-year unique EHS-CCP fiscal goals, objectives, and strategies.
- Design with child care partners a cost model for center/family homes and EHS classrooms.
- Determine a payment rate, performance incentives, terms and conditions and codify with a written agreement.
- Establish fiscal management and accountability processes to support the fiscal approach.
- Capacity building for grantee and child are partners to support fulfillment of financial objectives.
- Shared service options to closer the remaining cost quality gap.