The Funding Formula

The Funding Formula is a method used to determine how public funds are distributed to schools or districts. It considers various factors such as student enrollment numbers, the needs of different student populations (like those requiring additional support), local cost differences, and other priorities. The goal is to allocate resources fairly and effectively, ensuring all students have access to quality education regardless of where they live. Essentially, it's a structured way to decide how money is shared based on specific criteria that reflect the needs and circumstances of each school or district.