This Assessment constitutes a Performance Task in which you are asked to assume the role of a director in an early childhood setting. You will be asked to research appropriate funding sources and to create a balanced budget that aligns with the mission and vision of the early childhood program provided in the scenario. Envision that you are the director of The Learning Place Early Childhood Center. A severe flood has recently occurred in the area, causing water damage to many homes and businesses in the town. In this Assessment, you will seek new funding sources to cover costs, develop a balanced budget, and provide a rationale for your budgetary decisions. Your response to this Assessment should: , and are assessed in this Competency. You are strongly encouraged to use the and to review the rubric prior to submitting. This Assessment requires submission of three (3) files. Save your files as follows: -Save Part I as (for example, MP002_J_Smith). -Save Part II (the Excel file) as . -Save Part III as . Before submitting your Assessment, carefully review the rubric. Thi
s is the same rubric the assessor will use to evaluate your submission and it provides detailed criteria describing how to achieve or master the Competency. Many students find that understanding the requirements of the Assessment and the rubric criteria help them direct their focus and use their time most productively. This assessment has three-parts.  Click each of the items below to complete this assessment. On the “Funding Source Template” provided, list and describe at least three specific funding sources that you will seek out to help pay for the new costs due to the flooding. Provide a rationale explaining how the funding sources meet the needs of the early childhood program. Create a balanced budget under the tab “Please Update Budget” in the Excel “Assessment Budget” document. This balanced budget must account for the following that occurred as a result of the flood: Balance your budget so that it is clearly aligned with the mission and beliefs of The Learning Place Early Childhood Center in the “Assessment Mission” document. a 3- to 4-page essay that: