Accounting for needs? formula funding in the UK school sector
- Document type
- Working Paper
- Agyemang, Gloria
- Royal Holloway, University of London
- Date of publication
- 1 December 2008
- School of Management Working Paper Series
- Trends: economic, social and technology trends affecting business
- Business and management
- Material type
The purpose of this paper is to analyse whether the development of a needs-based funding formula for resource allocation incorporates the needs of funders or the needs of the service providers. The paper analyses interview data and documentary evidence gathered from a UK Local Education Authority about the creation of a 'needs-based' formula for sharing resources to schools. It employs and extends a framework developed by Levačić and Ross (1999) to evaluate needs-based formula funding. It finds that although formula funding is purported to be a more objective method of resource allocation, as with other resource allocation methods the power relations between the users and the providers of funds impact on the extent to which service provider needs are incorporated into the funding formula. The main benefit of a funding formula lies in the debates that surround its creation. This allows the formula to be accepted though it may not necessarily fund service provider needs. Research limitations: this work considered only the funding of schools. Further work is needed to investigate formula funding for other public services.
Is this the 'Version of Record (VoR)'?
Many different versions of a publication may be available on the web, only some of which might be considered part of the formal scholarly record. Please check whether this paper has been published in a journal by contacting the author, searching journal databases, or checking CrossMark It is the responsibility of publishers to register their publications with CrossMark.
Related to Trends: economic, social and technology trends affecting business
Downloadable briefing note looking at the relationship between productivity and pay growth
Downloadable paper on ensuring a fair future of work for women
Downloadable paper on how economic insecurity is experienced by workers
Downloadable paper on how government innovation agencies can become better