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.
Descriptors: Educational Finance, Funding Formulas, State Aid, Expenditure per Student, School Districts, Enrollment, Low Income Students, School District Size, Costs
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Related Records: ED656612, ED656615, ED656614, ED656603, ED656600, ED656601, ED656591, ED656592, ED656597, ED656598, ED656599, ED656605, ED656606, ED656608, ED656610, ED656604, ED656613
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