Prior to beginning work on this discussion, read Quality, Compensation, and Affordability (http://www.naeyc.org/files/naeyc/file/positions/PSQCA98.PDF). and Chapter 3 from your textbook, examine the Sample Budget Form (https://www.cengage.com/resource_uploads/downloads/0495808989_226293.pdf)., and view the following scenarios in the presentation below involving managing a budget for a childcare center.
Imagine that you are the leader of a center-based childcare center. After reviewing the budget for next year, you and your fellow board members realize that the center will have to make some tough decisions.
View the Financial Decisions Scenario Multimedia Presentation (https://content.bridgepointeducation.com/curriculum/file/809226e0-0949-4801-a73f-2d629e29a829/1/ECE312_BUDGET.zip/story.html)., then choose one of the following budget scenarios to discuss:
• Budget Cuts
• Budget Surplus