Why would a grantor not permit general municipal overhead to be charged to a capital project financed

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Why would a grantor not permit general municipal overhead to be charged to a capital project financed by its grant or insist that allowable

(

reimbursable

)

overhead be calculated by means of a predetermined formula related to direct project costs?

Related Book For answer-question

Accounting for Governmental and Nonprofit Entities

ISBN: ?978-0073379609

15th Edition

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

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Posted Date: Apr 21, 2024 02:01 PM

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Why would a grantor not permit general municipal overhead to be charged to a capital project financed

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Accounting for Governmental and Nonprofit Entities

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