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Finance

Cost Accounting - Cost Planning and Management Program

Our Mission Statement

The purpose of the Cost Planning and Management Program is to provide planning, implementation and support products to Metro departments and agencies so they can manage key products costs within predetermined performance targets and use the cost information to make resource and operational improvement decisions.

The Office of Management and Budget provides the following cost accounting services:

  • Development of cost accounting guidelines
  • Technical assistance to Metro agencies on the preparation of indirect cost rate proposals and departmental cost allocation plans
  • Training to Metro agencies regarding cost accounting guidelines and procedures
  • Assistance to Metro agencies with resolving indirect cost rate disputes with Federal and/or State grantor agencies
  • Technical assistance to Metro agencies on preparing billing rate structures
  • Full cost analyses of Internal Service and Enterprise Funds
  • Monitoring the recovery of indirect costs from grantor agencies
  • Serves as the Metro liaison on cost accounting issues with external stakeholders and business partners

Cost Recovery Briefings

The following are briefings (training) that were provided to Metro departments and agencies in 2004.

Full Cost Recovery Executive Briefing

Primer on Full Cost Recovery

Miscellaneous Resources

Cost Accounting Manual for Metro Government - This document provides guidance to Metro departments on completing cost allocation and indirect cost recovery plans and full cost billings.

Federal Office of Management and Budget - "Implementation Guide for Circular A-87" - This document provides guidance to states and localities on complying with the requirements of Circular A-87 from the U.S. Department of Health and Human Services

Indirect Cost Planning and Recovery Policy - Metro Nashville policy statement.

Federal Register 2 CFR Part 225 (Circular A-87) Cost Principles for State, Local, and Indian Tribal Governments

Metro's Local Cost Allocation Plan (LOCAP)

This is the Metro Nashville central services cost allocation plan. Most governmental units provide certain services, such as motor pools, computer centers, purchasing, accounting, etc., to operating agencies on a centralized basis.  Since federally-supported awards are performed within the individual operating agencies, there needs to be a process whereby these central service costs can be identified and assigned to benefited activities on a reasonable and consistent basis. The central service cost allocation plan provides that process. All costs and other data used to distribute the costs included in the plan should be supported by formal accounting and other records that will support the propriety of the costs assigned to Federal awards.

FY 2013 CFR Part 225 - Metro Nashville's most recently completed LOCAP

FY2013 Full Cost Plan - Metro Nashville most recently completed full cost plan

Previous LOCAP Reports 

Cost Allocation Frequently Asked Questions

Internal Service Fee Info 

Contact Information

Email Herbert Majors, CPA 615-862-6483