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ERIC Number: ED656611
Record Type: Non-Journal
Publication Date: 2023-Oct
Pages: 6
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
How Does the Base Amount Work in Student-Based Funding Formulas? Splitting the Bill: A Bellwether Series on Education Finance Equity. #10
Linea Koehler; Bonnie O’Keefe
Bellwether
As discussed in "Splitting the Bill: How Are State Education Funding Formulas Structured?," state school funding formulas generally fit one of three structures -- student-based, resource-based, or program-based. The cornerstone of a student-based funding formula is the per-student base amount (also appropriately called the "foundation amount"), meant to represent the cost of educating a student with no special needs or disadvantages. Resource-, program-based, or other hybrid funding formulas may have other versions of a per-pupil minimum but take different approaches to determine the level of funding needed to provide a comprehensive education. These kinds of formulas typically build up from inputs, like staffing ratios, or programs or services, like block grants for career and technical education.
Bellwether. 650 Massachusetts Avenue, NW Suite 600, Washington, D.C. 20001. Tel: 877-636-0909; Web site: https://bellwether.org/
Publication Type: Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: Bill and Melinda Gates Foundation; Walton Family Foundation
Authoring Institution: Bellwether
Grant or Contract Numbers: N/A