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BETTY T. YES California State Controller NEGOTIATION AGREEMENT COUNTYWIDE COST ALLOCATION Pima County of Los Angeles, CaliforniaDate: February 27, 2020, Filing Ref: LOS21Pursuant to the federal Office
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How to fill out countywide cost allocation plans
How to fill out countywide cost allocation plans
01
To fill out countywide cost allocation plans, follow these steps:
1. Gather all necessary financial documents and records related to cost allocation.
02
Identify all cost centers within the county.
03
Determine the direct and indirect costs associated with each cost center.
04
Allocate indirect costs to the appropriate cost centers based on a fair and reasonable methodology.
05
Prepare a cost allocation plan that outlines the allocation of costs for each cost center.
06
Review and validate the cost allocation plan, ensuring accuracy and compliance with applicable regulations and guidelines.
07
Submit the completed cost allocation plan to the relevant authorities or stakeholders for approval.
08
Periodically review and update the cost allocation plan as needed to reflect any changes or updates in the county's operations or financial circumstances.
Who needs countywide cost allocation plans?
01
Countywide cost allocation plans are needed by local governments or counties that have multiple departments or cost centers.
02
These plans help allocate costs fairly and accurately among different departments and ensure transparency in financial reporting.
03
Additionally, countywide cost allocation plans are often required for compliance with government regulations or accounting standards.
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What is countywide cost allocation plans?
Countywide cost allocation plans are documents that outline how costs are allocated among different departments or agencies within a county.
Who is required to file countywide cost allocation plans?
County governments are typically required to file countywide cost allocation plans.
How to fill out countywide cost allocation plans?
Countywide cost allocation plans are typically filled out by identifying the costs incurred by each department or agency and determining how those costs should be allocated based on certain criteria.
What is the purpose of countywide cost allocation plans?
The purpose of countywide cost allocation plans is to ensure that costs are allocated fairly and accurately among different departments or agencies within a county.
What information must be reported on countywide cost allocation plans?
Countywide cost allocation plans typically include information on the costs incurred by each department or agency, the criteria used to allocate those costs, and any other relevant information.
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