Common use of Formula Funding Clause in Contracts

Formula Funding. Funding equivalent to the level of funding which would be provided through the funding formula of the local authority to a maintained special school which had all of that Academy’s relevant characteristics, including its number of places and/or pupils;

Formula Funding. Funding equivalent to the level of funding which would be provided through the funding formula of the local authority to a maintained special school which had all of that Academy’s 's relevant characteristics, including its number of places and/or pupils;