Management of surplus funds

Management of surplus funds

Recovery of Funds

Under the Terms and Conditions of funding service providers may be required to return any unexpended funds to the department. Unexpended funds arise when the ECE grant has not been fully spent.

Offsets against Future Payments

Start Strong Long Day Care Service Providers cannot offset any unexpended funds against any future payments. Unexpended funds must be returned to the department.

Cross-Subsidisation

Start Strong Long Day Care funding must be acquitted through this program.

Requirements relating to the transfer of a service are outlined in the section on Transferring service approval or Service ceasing to operate and in the Terms and Conditions.

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