On the âFunding Source Templateâ provided, list and describe at least three specific funding sources that you will seek out to help pay for the new costs due to the flooding. Provide a rationale explaining how the funding sources meet the needs of the early childhood program.
PART II: CREATING THE BUDGET
Create a balanced budget under the tab âPlease Update Budgetâ in the Excel âAssessment Budgetâ document. This balanced budget must account for the following that occurred as a result of the flood:
The Learning Place Early Childhood Center needs a great deal of repairs as the entire floor is covered with up to 1-foot of water. The estimated repairs are approximately $15,000.
It will cost about $6,000 to fix the damaged furniture and equipment.
The outdoor play area has large cracks in the pavement and the jungle gym has become rusty due to flooding. Repairs on the outdoor play area are estimated at about $10,000.
Families in the neighborhood are experiencing losses in their homes as well. As a result, several families have decided to withdraw their children from your early childhood care center as they cannot afford the weekly tuition. The estimated tuition loss is approximately $25,000 for the year.
Two lead teachers and one assistant teacher have decided to move to a different town, causing them to resign from their positions. These teachers will only be paid approximately half their salaries for the year.
Balance your budget so that it is clearly aligned with the mission and beliefs of The Learning Place Early Childhood Center in the âAssessment Missionâ document.
PART III: BUDGET RATIONALE
Write a 3- to 4-page essay that:
Explains how your budget reflects the mission and vision of The Learning Place Early Childhood Center
Provides the rationales for the changes that you made to the budget in Part II
Explains why cash-flow analysis, projections, and long-term planning are all important when managing budgets (Note: In your explanation, be sure to relate these terms to the given scenario and any relevant professional experience that you may have.)
Sample Solution
politicians. How valid is this view in the context of the years 1830-1918 Parliament is constantly changing within democratic Britain with some of its biggest changes happening between 1830 â 1918. There is debate as to whether reform was largely due to the popular pressure from the people or down to the actions of politicians. Historians are aware from sources at the time there that popular pressure was a major factor when it came creating parliamentary reform. Some sources explicitly express the amount of people attending some events. I shall firstly consider the role of popular pressure as it was indeed the most prevalent. Popular pressure was initially applied after 1815 when reform clubs proliferated and labouring families attended gigantic reform meetings. This popular pressure increased at certain times so that changes came rapidly after a slow build-up of pressure. Politicians might try to unite different groups or split their opponents using parliamentary reform issues when opportunities or crises developed to reduce popular pressure. They did this in order to support groups that liked their ideas and to reduce the influence of the opposition groups. The two were important in gaining both reform acts however popular pressure seems more important than political manoeuvring. While popular pressure declined with greater prosperity in the mid-1820s, it had intensified again by 1830 when the poor harvest of 1829 increased food prices and unemployment apparently rose; reform petitions then gained unprecedented numbers of signatures. Furthermore, pressure for reform became most intense once a Whig government had introduced a parliamentary reform bill (a proposal for a law), but it had built up previously a>
politicians. How valid is this view in the context of the years 1830-1918 Parliament is constantly changing within democratic Britain with some of its biggest changes happening between 1830 â 1918. There is debate as to whether reform was largely due to the popular pressure from the people or down to the actions of politicians. Historians are aware from sources at the time there that popular pressure was a major factor when it came creating parliamentary reform. Some sources explicitly express the amount of people attending some events. I shall firstly consider the role of popular pressure as it was indeed the most prevalent. Popular pressure was initially applied after 1815 when reform clubs proliferated and labouring families attended gigantic reform meetings. This popular pressure increased at certain times so that changes came rapidly after a slow build-up of pressure. Politicians might try to unite different groups or split their opponents using parliamentary reform issues when opportunities or crises developed to reduce popular pressure. They did this in order to support groups that liked their ideas and to reduce the influence of the opposition groups. The two were important in gaining both reform acts however popular pressure seems more important than political manoeuvring. While popular pressure declined with greater prosperity in the mid-1820s, it had intensified again by 1830 when the poor harvest of 1829 increased food prices and unemployment apparently rose; reform petitions then gained unprecedented numbers of signatures. Furthermore, pressure for reform became most intense once a Whig government had introduced a parliamentary reform bill (a proposal for a law), but it had built up previously a>
