EAST ST LOUIS ACTION RESEARCH PROJECT

LA/UP341 Fall 1997


Daycare Center Budget

Day Care Costs Start-Up Costs Operational Costs
Per Unit Cost Units Total Unit Cost Annual Costs
Office Supplies
Copy Machine $200.00 1 $200.00
Telephone $20.00 3 $60.00
File Cabinet $40.00 2 $80.00
Shelves $70.00 4 $280.00
Misc Office Supplies $100.00 1 $100.00 $1,200.00
Commercial Insurance $700.00 1 $700.00 $700.00
Theft Insurance $700.00 1 $700.00 $700.00
Liability Insurance $700.00 1 $700.00 $700.00
Alarm Installation $500.00 1 $500.00
Alarm Service $30.00 1 $30.00 $360.00
Subtotal $3,350.00 Subtotal $3,660.00
Safety Equipment
First Aid Kit $30.00 1 $30.00
Smoke Detectors $30.00 3 $90.00
Fire Extinguishers $45.00 3 $135.00
Safety Gates $40.00 3 $120.00
Subtotal $375.00
Play/Creative Equipment
Books $80.00 1 $80.00 $80.00
Toys $500.00 1 $500.00 $250.00
Games $250.00 1 $250.00 $125.00
Creative Materials $300.00 1 $300.00 $300.00
Sports Equipment $100.00 1 $100.00 $50.00
Music Materials $300.00 1 $300.00 $100.00
Misc Play Equipment $500.00 1 $500.00 $250.00
Subtotal $2,030.00 Subtotal $1,155.00
Multi-Use Equipment and Supplies
Daiper Area $60.00 1 $60.00
Cleaning Supplies $50.00 1 $50.00 $600.00
Potty Chair $35.00 2 $70.00 $70.00
Playpen $60.00 2 $120.00
Sleeping Material $200.00 1 $200.00 $50.00
Toiletries $60.00 1 $60.00 $720.00
Subtotal $560.00 Subtotal $1,440.00
Utilities
Gas $75.00 $900.00
Water $50.00 $600.00
Electric $75.00 $900.00
Garbage $60.00 $720.00
Phone $60.00 $720.00
Subtotal $3,840.00
Total Annual Supply Costs $10,095.00
Wages
Staff Number Hourly Wage Weekly Hours Number of Work Weeks
9 $5.50 36 46 Total Annual Salaries $81,972.00
Total Start-Up Costs $6,315.00 Total Annual Costs $92,192.00
Future Value at Inflation Rate of:
Time(years): now 1 2 3 4 5 6 7 8 9 10
3% Annual Costs $92,192.00 $92,192.00 $92,192.00 $92,192.00 $92,192.00 $92,192.00 $92,192.00 $92,192.00 $92,192.00 $92,192.00 $92,192.00
Present Value at Discount Rate of:
Time(years): now 1 2 3 4 5 6 7 8 9 10
10% Annual Costs $92,192.00 $83,810.91 $76,191.74 $69,265.21 $62,968.38 $57,243.98 $52,039.98 $47,309.07 $43,008.25 $39,098.41 $35,544.01
Ten-year investment return:
Total Inflation Rate of
Annual Costs over Ten Years: $921,920.00
Total Discount Rate of
Annual Costs over Ten Years $566,479.93

Last Update: 11/16/97

Name: ccnc

Email: www.imlab.uiuc.edu/~ccnc/