The current universal minimum childcare subsidy available through the Community Childcare Subvention – Universal Programme (CCSU) stands at a rate of €0.50 per hour up to a maximum of 40 hours per week.
The total cost of the CCSU programme for the 2017/2018 programme year is forecasted to be in the region of €18.75 million (based on current outturn and current registrations).
The following table shows the estimated full year cost of increasing the universal subsidy by of €0.50.
Hourly Subsidy
|
Increase in Annual Cost
|
Annual Programme Cost
|
€0.50
|
n/a
|
€18.75 million
|
€1.00
|
€18.75 million
|
€37.5 million
|
€1.50
|
€37.5 million
|
€56.25 million
|
€2.00
|
€56.25 million
|
€75.00 million
|
€2.50
|
€75.00 million
|
€93.74 million
|
€3.00
|
€93.74 million
|
€112.5 million
|
€3.50
|
€112.5 million
|
€131.24 million
|
€4.00
|
€131.24 million
|
€150.00 million
|
€4.50
|
€150.00 million
|
€168.74 million
|
€5.00
|
€168.74 million
|
€187.49 million
|
In the 2017/2018 academic year 38,045 children benefited from the CCSU programme; with the average monthly full-time attendance equating to 21,000 children.