Budget and Finance
The 2011 federal budget for Head Start is $8.1 billion. 85% is devoted to direct services and no more than 15% is to be spent on administration. In addition to the $8.1 billion of federal support, local grantees must provide a 20% cash or in-kind match. Each local grantee is required to have an annual financial audit, if it receives more than $500,000 of federal support.
Read more about this topic: Head Start Program
Famous quotes containing the words budget and/or finance:
“You can fool all the people all the time if the advertising is right and the budget is big enough.”
—Joseph E. Levine (b. 1905)
“A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.”
—Christina Stead (1902–1983)
Related Phrases
Related Words