Staff explain statewide cost-allocation plan (SWICAP) and how charges flow to agencies
Budget staff told JFAC that the statewide cost allocation plan recoups costs for central service agencies (attorney general, state controller, state treasurer and select direct-billing services) and that adjustments in agency budgets reflect a two-year lag between services provided and billing.
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Jared Tetrault of the legislative budget office briefed the Joint Finance and Appropriation Committee on the statewide cost allocation plan (SWICAP) on Jan. 7, explaining how central service costs are recovered and why SWICAP adjustments appear as routine budget changes.
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