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Workforce Solutions Texoma

Workforce Solutions Texoma. Child Care Assistance. Child Care Funding. Total Allocation: $3,056,065.00 Discretionary: $2,610,028.00 Matching Funds: $446,037.00. Matching Funds. Sources of “Local” Match. FY2009 Local Match Sources. Local Match Agreements. ($50,000). ($20,592).

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Workforce Solutions Texoma

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  1. Workforce Solutions Texoma Child Care Assistance

  2. Child Care Funding Total Allocation: $3,056,065.00 • Discretionary: $2,610,028.00 • Matching Funds: $446,037.00

  3. Matching Funds Sources of “Local” Match

  4. FY2009 Local Match Sources Local Match Agreements ($50,000) ($20,592)

  5. Current Enrollment

  6. Basic Eligibility Parent(s) must: • Reside in Cooke, Fannin or Grayson county • Work or attend training for an average of 25 hours per week • Family’s total household income is below 85% of the State Median Income

  7. State Median Income

  8. Household of 3 Household of 3 (single parent with 2 children) Parent works 40 hours a week at $9.25 per hour Average monthly wages = $1,602.10 Monthly child support = $ 500.00 Total Household income = $ 2,102.10 Maximum household income for family of 3 = $3,559 Average monthly cost of child care: Infant (0 to 18 months) = $542 Preschool (3 to 5 years) = $368 TOTAL COST = $910 43% of family income

  9. Household of 5 Household of 5 (two parents with 3 children) Parent A works 35 hours a week at $9.80 per hour Parent B works 30 hours a week at $8.50 per hour Parent A average monthly wages = $1,485.19 Parent B average monthly wages = $1,104.15 Total Household income = $ 2,589.34 Maximum household income for family of 5 = $4,914 Average monthly cost of child care: Infant (0 to 18 months) = $ 542 Toddler (19 mo. to 3 yrs) = $ 476 Preschool (3 to 5 years) = $ 368 TOTAL COST = $1,386 54% of family income

  10. Requesting Assistance www.workforcesolutionstexoma.com

  11. Parent Share of Cost • Most families are required to pay part of the cost of their child care • This “parent fee” must be a sliding scale based on family size, income and # of children receiving child care assistance • The Board sets the sliding scale

  12. Current Parent Fee Sliding Scale

  13. Current Parent Fees

  14. Proposed Parent Fee Scale

  15. Proposed Reduction in Parent Fees

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