Write a 525- to 700-word budget narrative in which you detail the significant items in the budget, including how these expenses and revenues were determined and why they are important.

Summative Assessment: Budget Grant Component

Continuing your work on your grant proposal to address a criminal justice initiative, in this assignment you revise your budget and write a budget narrative.

Finalize the budget draft you created last week in Microsoft® Excel®. Address the following as you build your budget:

  • Research and estimate revenues and expenses.
  • Itemize direct costs.
  • Determine indirect costs.
  • Include any in-kind contributions.

Write a 525- to 700-word budget narrative in which you do the following:

  • Describe at a high level the various cost categories and expenditures.
  • Detail the significant items in the budget, including how these expenses and revenues were determined and why they are important.

Submit your budget and your budget narrative.