Last edited 01 Feb 2022

Formula grants

Functional Standards Common Glossary, published by the Cabinet Office, defines formula grants as: ‘Grants calculated by way of a formula (e.g. grant funding provided by central government to local authorities, schools and the Police, which is determined by factors such as population and levels of pupils who receive free school meals).’

[edit] Related articles on Designing Buildings

Designing Buildings Anywhere

Get the Firefox add-on to access 20,000 definitions direct from any website

Find out more Accept cookies and
don't show me this again