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Introduction & Business Practices Guideline

Introduction & Business Practices Guideline. Objectives of this segment. This segment will:. Provide a background on the Ministry of Education. Inform you as to who you will be working with at EDU.

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Introduction & Business Practices Guideline

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  1. Introduction & Business Practices Guideline

  2. Objectives of this segment This segment will: Provide a background on the Ministry of Education Inform you as to who you will be working with at EDU Help you gain an understanding of the child care business management practices guideline applicable to first nations

  3. Background on Ministry of Education The ministry that administers the system of publicly funded elementary and secondary school education in Ontario - $20.22B in total funding - 72 district school boards - 1,207,600 elementary students in over 4,000 schools - 676,100 secondary students in 900 schools - 202,407 staff (including 124,000 school-based teachers) The ministry's plan to promote a strong, vibrant, publicly funded education system is focused on three goals: 1) high levels of student achievement 2) reduced gaps in student achievement 3) high levels of public confidence in public education 3

  4. Transfer of Responsibilities Child Care responsibilities moved to EDU on April 1, 2011 (see org chart) • Funding, Contract ManagementFinancial Reporting • Early Learning DivisionBusiness & Finance Division • - Issue service contracts - Answering reporting questions • - Program delivery - Issuing monthly cash flow • - Answering funding questions - Training reporting package • - Discussing service targets - Reviewing reporting package Financial Analyst Child Care Advisor (see contact listing) 4

  5. Child Care Business Management Guidelines Detail Codes A370 – Child Care Regular Fee Subsidies A377 – Special Needs Resourcing A392 – Wage Subsidy A394 – Pay Equity Union Settlement A402 –Ontario Works (Formal) A403 – Ontario Works (Informal) A375 – Repairs & Maintenance (Health & Safety) Data Elements Average monthly # of children served (infants, toddlers, preschoolers, JK, SK, school-aged) Total number of children served Total number of families served Number of FTE (full-time equivalency) of staff Number of licensed centres funded Number of contracts 5

  6. Child Care Business Management Guidelines • The transfer of child care to EDU has provided the ministry with the opportunity to introduce some modest improvements to child care business practices, including the development of the child care business practices guideline document, with respect to: • - Service contracting process • - Financial flexibility • - Financial reporting 6

  7. Child Care Business Management Guidelines 7

  8. Summary of Submissions & Due Dates 8

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