Finance Work Team

With limited public dollars, achieving a comprehensive early childhood system in New York State requires maximization of existing funding sources while providing relevant information to spur additional strategic investments. The Finance Work Team is developing resources and information that supports state and local government investment in early childhood services across all four areas:  Healthy ChildrenStrong FamiliesEarly Learning, and Coordinated and Responsive Systems. While at the same time supporting program providers in maximizing existing funding for the broad range of early childhood health, education, and human services.  

Work Group Activities:

Fiscal analysis model: Guided the development of an early childhood fiscal model to help provide budget estimates for expanding early childhood services and increasing the quality of services provided. The New York State Fiscal Analysis Model for Early Childhood Services provides policy makers with an analytical tool that will gauge the impact of changes in access, quality, and funding levels for early childhood programs; provide the information necessary to maximize existing resources to support the goals of a coordinated and comprehensive service system; and support efforts to identify new financing strategies.

The following documents and webinars can provide assistance navigating through the model:

Publications:

 

New financing strategies:  Exploring new financing strategies including social impact bonds, full utilization of all public funding streams, and refinement of state policies to better support effective blending of funding and tax credits to raise the quality of services. 

 

Forums on Financing Strategies:

 

Publications and Resources

 

Co-Chairs: Stephanie Woodard, Senior Policy Analyst, Council on Children and Families; Cynthia Esposito-Lamy, Early Childhood Consultant

Finance Work Team Work Plan