What is a budget narrative? A budget narrative explains and justifies the projected costs attributed to each line item or category within the budget and ties the budget to the proposed deliverables and statement of work.

Present the budget justification in a format that allows a reader to easily assess the costs in relation to the budget. For instance, if the required budget uses headers such as salaries, fringe benefits, and travel, be certain to use the same headers in the budget justification.

SAMPLE - Budget Narrative – SAMPLE (NOTE: The Budget Narrative is the justification of ‘how’ and/or ‘why’ a line item helps to meet the program deliverables.) A. Salary – Total: $54,818.00 . Program Director currently oversees the program and will spend 100% of their time hiring, supervising and training staff.

The budget narrative explains in a clear and concise manner the costs in each budget category, and which budget items will be covered by the grant and which ones will be covered by matching funds (e.g., cost-share or in-kind). The budget narrative also provides supporting justification of each proposed line item in the budget and describes ...

Budget information must be provided for the upcoming 12-month budget period (July 1, 2021 to June 30, 2022). Include detailed calculations explaining how each line-item expense was derived (e.g., cost per unit).