The complexity of the formulae used by government departments to provide funding to local public bodies is partly down to the nature of the services being funde

The use of formulae has become widespread in recent years across most developed countries. In the UK, a conservative estimate is that annually £150 billion of

The use of formulae has become widespread in recent years across most developed countries. In the UK, a conservative estimate is that annually £150 billion of

This report examines existing approaches to formula funding across government, and the principles that should be carried forward to new arrangements. Government

In 2000, the federal government distributed over $260 billion of funding to state and local governments via 180 formula programs. These programs promote a wide