2016 Annual Report - State of the Workforce 2016 Annual Report - State of the Workforce | Page 8

CHILD CARE SERVICES PROGRAM

CHILD CARE BY THE NUMBERS

FINANCIAL IMPACT

$ 2,304,494
Parent Share of Cost paid directly to Child Care Providers
187
Child Care Providers ( Licensed Child Care Centers and Registered or Licensed Child Care Homes ) with Provider Agreements with Workforce Solutions of the Coastal Bend .
$ 10,185,233
Workforce Solutions of the Coastal Bend paid to Child Care Providers .
$ 12,489,728
Total investment of Child Care payments

CUSTOMERS SERVED

3,826
Children received Child Care under the Low-Income funding stream .
2,394
Average number of children served per day .
1,295
Children received Child Care under the Child Protective Services ( CPS ) funding stream .
3,224
Families received Child Care subsidies during part of this contract year .
402
Children received Child Care under Temporary Assistance for Needy Families ( TANF )/ Choices funding stream .
5,523
Children received Child Care during part of this contract year .
RETURN ON INVESTMENT
The Return on Investment data is based on the first three quarters of 2016 ( October 2015 thru June 2016 ). It is based on 2,308 customers who are working ( either Part-Time or Full-Time ) and / or attending school , participating in training or certification programs .
DESCRIPTION PARENT SHARE COST WFSCB PAYMENTS INVESTED WAGES EARNED
9 MONTH SAMPLE ( 2,308 CUSTOMERS ) OCTOBER 2015 - JUNE 2016
TOTAL $ 1,599,434 $ 5,629,662 $ 22,462,395

RETURN ON WFSCB INVESTMENT 399 %

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