Hostname: page-component-cd9895bd7-dk4vv Total loading time: 0 Render date: 2024-12-25T19:36:20.406Z Has data issue: false hasContentIssue false

Formula funding of schools: some mathematical results

Published online by Cambridge University Press:  01 August 2016

Michael Fox*
Affiliation:
2 Learn Road, Leamington Spa CV31 3PA

Extract

Schools run by local authorities have an annual budget which is calculated by formula. The formula used for funding my school is quite easy to understand and its components all seem reasonable, yet it can cause some unexpected problems for an unwary manager.

Most of the funding depends on the number of pupils, each being worth an annual amount according to his or her age. If a comprehensive school has fewer than 750 pupils it is regarded as being small, needing extra money to provide an adequate curriculum. This extra is given as a bonus for each pupil; and tapers to zero as the numbers reach 750.

Type
Research Article
Copyright
Copyright © The Mathematical Association 1993

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)