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How Does the Base Amount Work in Student-Based Funding Formulas? Splitting the Bill: A Bellwether Series on Education Finance Equity. #10
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Linea Koehler; Bonnie O’Keefe – Bellwether, 2023
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…
Descriptors: Educational Finance, Funding Formulas, State Aid, Expenditure per Student