Provider has a current-year operating budget showing revenues and expenses.

To meet this Standard, evidence MUST rinclude ALL of the following:

• Current year annual program operating budget (total amount and/or projected amount).
• MUST clearly indicate program revenues.
• MUST clearly indicate program expenses.
• Budget MUST show the current program year (MUST show month AND year).

Acceptable type(s) of evidence include:

• Copy of Annual Budget from program or payroll management company, or other.

Providers must plan for future expenditures by creating a regular budget for their business, separate from their family’s (usually annually).

Examples: Quick Book report, Calendar Keeper, accountant’s report, etc.