Statewide cost-allocation (SWICAP) explained: how central service billing affects agency budgets
Jared Tetrault of the Legislative Services Office briefed the Joint Finance and Appropriations Committee on Jan. 7 about the statewide cost allocation plan (SWICAP), explaining the two-year lag, which central costs are recovered, and where those recoveries appear in agency budgets.
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Jared Tetrault, budget analyst with the Legislative Services Office, gave the committee a high-level explanation of the statewide cost-allocation plan (SWICAP) on Jan. 7, describing how central-service costs are recovered from state agencies and how those adjustments appear in the budget book.
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