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Funding formulas
Scope Note
Established mechanisms by which public monies are divided and distributed for school use by a central agency, such as a state, based on estimated future costs
Used For
Formula based funding
Formula budgeting
Broader Term
Educational finance
Related Term
Budgeting
Educational equity (Finance)
Expenditures
Grants
Resource allocation
School funds
School support
State aid
Subject Category
620 Economics and finance
Date Added
Jun 2003
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