Bill > S03355

This bill requires the Office of Children and Family Services (OCFS) to utilize a cost estimation model when determining the actual cost providers incur when providing child care. The cost estimation model must identify and take into account various cost drivers, including employee salaries and benefits, enrollment levels, facility costs, and compliance with regulatory requirements. Additionally, if a quality rating system or quality indicators are being used, the cost estimation model must also account for the cost of providing services at each level of quality. The bill also requires OCFS to prepare a report detailing the actual cost providers incur when providing child care, including the level of quality care, major cost drivers, and a comparison of the costs to the market rate determined by OCFS.