and (a) The cost of increasing the universal childcare subsidy (Universal Band) from per year to respectively: €3,000 €1,040 With pro and With pro rata increases for the part time, sessional and half sessional €3,600. €1,800; €2,400; €3,000 €3,600. rata increases for subsidies. the part time, sessional and half The table below sets out cost estimates for the different scenarios proposed, based on the following assumptions: sessional There are no changes in the subsidy-rates for other Bands (A, AJ, B, D). subsidies. The costs are full-year costs. The cost of is no additional change in the level of parental demand for childcare as a result of the increased subsidies. increasing the Band AJ subsidy by per week to €20 the Band B €100, subsidy by per €20 week to and €90 the Band D subsidy by per €30 week to €80. The increases in subsidy assume (b) The cost of increasing the Band AJ subsidy by per week to the Band B subsidy by per week to €20 €100, €20 that the cost of and the Band D subsidy by per week to €90 €30 €80. child care to parents will be The additional full-year cost of this combined measure be based on the following assumptions: €7m, legislatively capped at current are no changes in the subsidy-rates for Band A or for the Universal Band. rates. The changes proposed are for full-time childcare, and (except in the case of Band AJ) there are pro rata increases for part-time, sessional and half-sessional subsidies. For Band AJ, it is assumed that there are no changes to part-time, sessional or half-sessional subsidies, as the rates of these are set at the same value as Band A rates, which are assumed to be unchanged. The are full-year costs. There is no additional change in the level of parental demand for childcare as a result of the increased subsidies.
€3,000 and €3,600. With pro rata increases for the part time, sessional and half sessional subsidies. The cost of increasing the Band AJ subsidy by €20 per week to €100, the Band B subsidy by €20 per week to €90 and the Band D subsidy by €30 per week to €80. The increases in subsidy assume that the cost of child care to parents will be legislatively capped at current rates. (a) The cost of increasing the universal childcare subsidy (Universal Band) from €1,040 per year to respectively: €1,800; €2,400; €3,000 and €3,600. With pro rata increases for the part time, sessional and half sessional subsidies. The table below sets out cost estimates for the different scenarios proposed, based on the following assumptions: There are no changes in the subsidy-rates for other Bands (A, AJ, B, D). The costs are full-year costs. is no additional change in the level of parental demand for childcare as a result of the increased subsidies. (b) The cost of increasing the Band AJ subsidy by €20 per week to €100, the Band B subsidy by €20 per week to €90 and the Band D subsidy by €30 per week to €80. The additional full-year cost of this combined measure be €7m, based on the following assumptions: are no changes in the subsidy-rates for Band A or for the Universal Band. The changes proposed are for full-time childcare, and (except in the case of Band AJ) there are pro rata increases for part-time, sessional and half-sessional subsidies. For Band AJ, it is assumed that there are no changes to part-time, sessional or half-sessional subsidies, as the rates of these are set at the same value as Band A rates, which are assumed to be unchanged. The are full-year costs. There is no additional change in the level of parental demand for childcare as a result of the increased subsidies.
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