EXAMPLE 1: the basic scenario (these numbers are NOT reflective on any current payment amounts – I have just made them round numbers so they’re easy to work with!)
Child is under school aged
Day care centre charge $100 a day for a 10 hour day
CCB maximum amount (100%) is $5 per hour
Parent has one child in care, CCB 100%
Parent qualifies for CCR and has opted to have the payment made direct to child care service
Child is in care 2 days per week
Child care fees for the week : $200
CCB for the week: 20 hours at 100% CCB ($5 per hour) = 20 x 5 = $100
Out of Pocket balance for parent to pay = fees – CCB = 200 – 100 = $100
CCR amount is 50% of Out of Pocket balance = 100 x 0.50 = $50
CCR paid direct to service is 85% of the total CCR = 50 x 0.85 = $42.50
Total bill for customer
= fees – CCB – CCR paid to service
= 200 – 100 – 42.50
= $57.50
The balance of the CCR, $7.50, will be held until tax time/reconciliation
Last edited by briggsy's girl; June 17th, 2012 at 04:30 PM.
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