Have you ever wondered who prepared or had input to the various sites you read on the Internet? Do they have the education and knowledge to know what they are saying? It was decided to provide you with the background of the creator of this site. His name is Gerald R. Klatt.
There is More
In 1984, Colonel Klatt used a similar economic impact analysis as explained in this writing, with the help of Dr. Donald Ratajczak, Director, Economic Forecasting Center at Georgia State University. At that time the above governments and some private organizations were reluctant to prepare proper cost allocation plans to receive full reimbursement for their costs in administering Federal programs. Colonel Klatt prepared an economic impact analysis to demonstrate the full impact of their lack of concern for administrative cost reimbursement. From that time on, Governors, mayors, etc. were ordering complete and comprehensive cost plans.
Also in 1984, Colonel Klatt created what is now called Cross-Allocation Methodology for allocating administrative costs. Today, almost all of the organizations mentioned above and many companies use Cross-Allocation Methodology in their costing systems.