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NOTIFICATION OF PERSON ASSIGNED TO FILE THE ANNUAL REPORT IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTING TO:Office of Policy and Management Municipal Finance Services Tel: (860) 4186400Please
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Cost standards in Connecticut refer to the predetermined allowable costs that state agencies and departments can use for budgeting and reporting expenditures related to various programs and services.
State agencies and departments that are involved in administering state-funded programs are typically required to file cost standards in Connecticut.
To fill out cost standards, agencies must follow the state's guidelines, which may involve completing specific forms, detailing projected costs, and providing supporting documentation as required by the Connecticut state regulations.
The purpose of cost standards is to ensure transparency, accountability, and consistency in the financial management of state funds by establishing a clear framework for allowable costs.
Agencies must report information that includes itemized costs, justifications for the costs, budgeted versus actual expenditures, and any relevant financial data that support the requested cost standards.
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