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Statewide cost‑allocation plan shifts central service costs across funds, officials say
Summary
Jared Tetrault briefed JFAC on Jan. 7 about SWICAP, the statewide cost allocation plan that redistributes central service costs (Attorney General, Controller, Treasurer) across eligible funds and agencies and produces budget adjustments on a two‑year lag.
BOISE, Idaho — Jared Tetrault, a budget analyst with the Legislative Services Office, told the Joint Finance and Appropriations Committee on Jan. 7 that the Statewide Cost Allocation Plan (SWICAP) explains how central service costs are recovered across state agencies and fund sources.
Tetrault said SWICAP is a document the Division of Financial Management prepares and submits to the federal cognizant agency (HHS in Idaho) to show how the state will allocate central service costs fairly. “SWICAP in the budget…is an actual document that the division of financial management puts together that they send off to our federal authorizing entity,” he said.
How it works: The plan allocates…
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