A NOTE ABOUT BUDGET NOTES
There’s one thing budget stories have that most proposal narrative stories do not (and this may be of some comfort to those who are numberphobic): notes in which words are used to explain the numerical tale more fully. In Chapter Five, I stated that footnotes are almost never used in the narrative text of a grant proposal. The budget section is an exception to this “rule.” Budget notes can and often should be used, for they help explain and clarify the information contained in the numbers story.
When should you include budget notes? Two situations come to mind. A rule of thumb that I recommend is to consider including a note whenever an expense item represents 5 percent or more of the total estimated costs for the ...
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