Fillable Licensed Family Day Homes And Independent Foster Homes Budget Template (Page 2 of 3) in pdf

The budget includes the monthly expenses of the family day home operation. It is the total of all expense items shown

below. Three major categories of expenses are shown. The explanations of the sub-headings are intended to assist the

applicant in understanding the number and types of financial considerations which may be involved in a family day home

operation, and to assist the Department in evaluating the home’s application. Base the monthly expenses on the

anticipated number of children to actually be in care during the first three months of operation.

1. OPERATING EXPENSES OF HOME PER MONTH:

a. Food for children: Anticipated monthly cost of food to be provided to children in care. It includes the cost of

all meals and snacks each day. (Do not include the cost of food provided to household members during the

home’s hours of operation. Do not include the cost of food provided at no cost to staff who are required to

eat with participants or residents. The cost of food provided to staff is reported under Item 3.m: Other.)

b. Rent or Mortgage Payments: Payments for the home; amount shown must be the total monthly expense.

c. Utilities: Total of monthly payments made or to be made by the home for electricity, water, fuel oil, gas (for

heating), sewage and refuse services, telephone and similar services.

d. Fuel for Autos: Monthly cost for fuel to operate of car, vans, trucks, etc. used in support of the operation of

the home.

e. Maintenance for Autos: All expenses related to the maintenance and operation of cars, vans, trucks, etc,

owned by the home and used in support of the operation of the home.

f. Home Maintenance: Monthly cost of all items used to maintain and carry out necessary repairs on the family

day home. This would include such items as mulch for play areas, paint, plumbing repairs, lumber, nails,

roofing materials, grass seed.

g. Equipment/Supplies: Total actual and projected annual cost of equipment and expendable supplies which

were and will be used to support the operation of the family day home. Equipment rental costs should be

included here.

h. Laundry/Linens: Cost of soap, detergents, etc., required for the laundry of table linens, bed linens, etc., used

by the family day home operation.

Cleaning Supplies: Cost of cleaning solutions and supplies used in the family day home operation.

2. ADMINSTRATIVE EXPENSES OF HOME PER MONTH:

Office Equipment & Supplies: Cost of items purchased monthly for administrative purposes. (for

example: file folders, pens, pencils, paper).

Accounting: Amount (if any) paid monthly to an accountant or someone (other than the family day home

operator) who handles the billing, etc. for the family day home operation.

Licensing/business fees: Total amount paid per year for family day home license, business license,

personal property taxes (for vehicles used in the family day home operation), real estate taxes (if not

included as part of the mortgage payment under Item 1. B above), special use permit, etc. Divide the total

by 12 to obtain the monthly (prorated) amount.

Legal fees: Total of fees paid to an attorney for assistance related to the family day home operation.

Licensed Family Day Homes And Independent Foster Homes Budget Template Page 2