More than $620,000 in funding has been lost to the City of Kawartha Lakes for licensed childcare spaces due to cuts from the provincial PC government.
Within that pot, nearly $258,000 was for general allocation funding. This money is used for child care fee subsidies for low-income families and general operating costs.
The remaining amount, more than $360,000 is being eliminated through cost sharing changes. In what was once a 100 per cent boost from the Province, it is now a forced 80-20 cost-sharing agreement between Province and Municipality. This includes reductions in the administration allowances (from 10 per cent down to 5 per cent).