Develop an annual budget showing line items and amounts for projected income that reflects your understanding of the relationship between a quality program for children, your personal priorities and the goals you have for the program.

Please use the following form for your final project:

I. Statement of the competency:

II. Narrative:

Write the purpose and rationale justifying the importance of administrators having some control over the budgets they monitor as well as the value of viewing their program’s budget as a reflection of their program’s commitment to quality. (Minimum 200 words)

III. Project:

A. Create an annual budget

• Include line items and amounts for projected income

B. Create a written report to explain your budget (Minimum 200 words)

• Give specific examples of budgeted line items that reflects your

commitment to quality

• Include research-based improvements that will be made when your

budget is implemented

• Explain what strategies you will use to monitor the effectiveness of

your budget

• Explain your follow-through plans based on projected monitoring