Step 3: Prepare the Final Budget and Budget Justification
Budget
Proposal reviewers often look at the budget first.
Is it a reasonable representation of costs for your program?
Budget Narrative
- Basis for estimating the costs of personnel salaries, benefits, project staff travel, materials and supplies, consultants and subcontracts, indirect costs, and any projected expenditures
- How the major cost items relate to the proposed activities
- Makes your case for the specific items and requested amount
