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The NCASE Resource Library connects you with tools, profiles, and information on a range of key topics in Out-of-School Time.

Understanding the Cost of Quality Child Care in New Mexico: A Cost Estimation Model to Inform Subsidy Rate Setting

This report by Prenatal to Five Fiscal Strategies provides a detailed summary of the process and the findings from New Mexico's cost study and cost estimation model in their effort to inform subsidy rate setting. The report shares cost of quality across age ranges, including school-age, and levels of quality in QRIS. Findings include that current subsidy rates are insufficient to cover the true cost of quality, and that program financial viability increases when serving mixed-age groups.  

Related Topics: 
Subsidy, Eligibility, and Equal Access
Funding streams
Subsidy and subsidy eligibility
Affordability and availability
Systems Building
Culturally Responsive Practice & Inclusion
Publisher: 
Other
Author: 
Jeanna Capito, Jessica Rodriguez-Duggan, and Simon Workman
Resource Type: 
Length: 
26 pages
Publication Date: 
2021