8A.505 - COST ALLOCATION SYSTEM -- APPROPRIATION.
8A.505 COST ALLOCATION SYSTEM -- APPROPRIATION.
The department shall develop and administer an indirect cost
allocation system for state agencies. The system shall be based upon
standard cost accounting methodologies and shall be used to allocate
both direct and indirect costs of state agencies or state agency
functions in providing centralized services to other state agencies.
A cost that is allocated to a state agency pursuant to this system
shall be billed to the state agency and the cost is payable to the
general fund of the state. The source of payment for the billed cost
shall be any revenue source except for the general fund of the state.
If a state agency is authorized by law to bill and recover direct
expenses, the state agency shall recover indirect costs in the same
manner. Section History: Recent Form
2003 Acts, ch 145, §87; 2003 Acts, 1st Ex, ch 2, §34, 209; 2006
Acts, ch 1172, §1; 2008 Acts, ch 1183, §1, 2; 2009 Acts, ch 181, §38
Referred to in § 8.9, 8A.502
Office of grants enterprise management, see §8.9