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.  

Publisher
Other
Author
Jeanna Capito, Jessica Rodriguez-Duggan, and Simon Workman
Resource Type
Report
Length
26 pages
Publication Date
Archive Status
Unarchived