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Statewide cost‑allocation plan explained: committee hears how central service costs are allocated and billed
Summary
Jared Tetrault outlined the statewide cost allocation plan (SWICAP) to JFAC on Jan. 7, describing the two‑year lag in recovering central service costs, the agencies included (attorney general, state controller, state treasurer and direct‑billing functions), and budgetary figures showing multi‑million dollar recoveries and a roughly $7.98 billion
State budget staff on Jan. 7 gave Joint Finance and Appropriation Committee members a high‑level primer on the statewide cost allocation plan, the mechanism used to allocate central service expenses (legal, accounting and treasury functions) across state agencies and fund sources.
“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,” said Jared Tetrault during the Jan. 7 committee meeting. He explained the plan’s purpose: to recover allowable central service costs fairly from the funds and agencies that benefit from those services.
Tetrault told the committee the plan has two parts in the budget: the recovery of central‑service costs provided by the attorney general, the state controller and the state treasurer; and direct billing for services such as risk management, building services, ITS billing and LSO audits. He emphasized that only allowable, statewide…
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