JUST THE FACTS MA'AM: ALLOWABILITY, REASONABLENESS AND ALLOCABILITY! OH MY!
How did all of this madness evolve? In the beginning was a social ill, a problem that needed solving. Enter government funds set aside to help with that particular problem. If 100% of your funding goes to pay for 100% of one project, you only need be concerned that the expenditures are reasonable right? Wrong! Read the federal regulations (if you can stay awake) and first find out if they are allowable costs. Once you have an allowable cost and determined that it is "reasonable" you should be in the clear. Unless.... Unless you have two sources of funds funding one project. Sound's simple, but that's when the trouble begins. Have $100,000 from source A and $100,000 from source B, it's logical to charge 50% of the costs to each. But wait, I hope you have a cost allocation plan. And wait, I hope that plan isn't derived from your budget. What? If source A pays for a counselor who spends 30% of her time on the project, then your 50/50 plan is not accurate. Fur...