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Commonly Forgotten Budget Items
July 27, 2017
Adults think that kids playing is some nothing thing, but play is a different state of mind, and it can help us do so many things if we just allow ourselves to get back to it.
-Lynda Barry, Cartoonist
-Lynda Barry, Cartoonist
Writing in the book, Managing Money in Early Childhood Organizations (part of the Art of Leadership series), Lori Harris calls out two budget items that are often forgotten (or at least underestimated):
"A commonly under-budgeted item is substitute teachers. If you offer vacation and want to maintain ratios, you need substitutes. And people get sick. It is an expense that most of us do not include in our budgets, but we pay for them in staff morale if not in dollars...
"Professional development is often under-budgeted. Here you include any courses, training, or conferences you would like your staff to attend. Conference attendance can include registration fees, overnight accommodations, meals, and travel or employees can pay part."
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