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Officials explain statewide cost-allocation plan and how it affects agency budgets
Summary
Jared Tetrault briefed JFAC on the statewide cost-allocation plan (SWICAP), describing how central-service costs are recovered from state agencies, the two-year timing lag, and which agencies and fund sources are most affected.
Jared Tetrault, a budget analyst with the Legislative Services Office, told the Joint Finance and Appropriation Committee on Jan. 7 that the statewide cost-allocation plan (SWICAP) allocates central-service costs from the attorney general, state controller and state treasurer to eligible state agencies and fund sources, and that the process operates on roughly a two-year lag.
Tetrault explained that the Division of Financial Management compiles a formal SWICAP document that the state sends to its federal cognizant agency (Health and Human Services for Idaho) to justify how central costs will be shared for federally funded programs. The plan's purpose is to recover allowable central-service costs equitably so the state and federal grantors each bear appropriate shares.
Why it matters: SWICAP adjustments are routine but affect agency appropriations and…
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