Assessment Deliverable

Write a 525- to 700-word report as if you were on a team supporting the financial officer who is responsible for estimating the budget for the grant proposal and explaining it with a budget narrative for the Chief to review during the grant proposal process.

Use either Microsoft Excel or Word to complete the following parts in your report.

Part 1: Budget

Research and estimate revenues, expenses, direct and indirect costs, and any in-kind contributions for your grant proposal initiative.

Create a 5-line budget in a table or spreadsheet that includes the dollar amounts for the following:

Line 1: Estimated revenues
Line 2: Estimated expenses
Line 3: Itemized direct costs
Line 4: Indirect costs
Line 5: Any estimated in-kind contributions

Part 2: Budget Narrative

Describe the estimated figures from Part 1 in a budget narrative that includes the following information:

Describe at a high level the various cost categories and expenditures.
Describe in detail the significant items in the budget, including how these expenses and revenues were determined and why they are important. Include a realistic amount for incidental costs and aim for accuracy, particularly when estimating personnel costs.
Summarize how this budget will address your needs statement.

The budget narrative should be in complete sentences. If you use Microsoft Excel for your budget report, you may use one or multiple cells to show the narrative.

Cite reputable sources to support your pricing estimates using APA guidelines.

Struggling with where to start this assignment? Follow this guide to tackle your assignment easily!

Step 1: Write as a Financial Support Team Member

Use a professional, objective tone as if you are advising leadership. Avoid first-person language unless explicitly allowed.

Step 2: Keep the Budget Simple and Clear

The table should contain only five lines with realistic dollar amounts. Reviewers want clarity, not complexity.

Step 3: Align the Narrative With the Table

Every dollar listed in the budget must be explained in the narrative. If it appears in the table, it must be justified in writing.

Step 4: Be Realistic With Personnel Costs

Personnel estimates should be:

Based on reputable wage data
Proportional to time spent on the project
Clearly connected to program outcomes

Step 5: Explain Why Costs Matter

Do not just list expenses—explain why each category is essential to addressing the needs statement and achieving program goals.

Step 6: Cite Pricing Sources Properly

Use APA-style in-text citations and include a reference list if required by your course.

Reputable Sources for Pricing Estimates (APA-Friendly)

U.S. Bureau of Labor Statistics. (2024). Occupational employment and wage statistics.
https://www.bls.gov
Grants.gov. (2023). Indirect cost rates and grant budgeting.
https://www.grants.gov
Independent Sector. (2023). Value of volunteer time.
https://independentsector.org
Tech pricing and productivity tools:
https://www.microsoft.com
https://workspace.google.com

Grant Budget and Budget Narrative for Program Implementation and Sustainability