Cost Allocation Plans
Two plans are prepared for the County – a CFR Cost Plan and a Full Cost Plan. The CFR plan conforms completely to the guidelines set forth in the Code of Federal Regulations Title 2, Subtitle A, Chapter II, Part 225 (formerly OMB A-87) and includes only costs allowable under those guidelines. The Full Cost Allocation Plan, in order to present a true cost of direct services, includes all reasonable indirect costs regardless of their allowability under 2 CFR part 225. Other than differences in allowability, this plan is prepared according to the guidelines set forth in 2 CFR part 225 by the Office of Management and Budget to ensure an uniform approach in the preparation of the cost allocation plans.