Funding Formulas 201
The last time we talked about funding formulas, we discussed the difference between determinative and allocative formulas. When we talk about Ontario, which is currently undergoing a funding formula review, we’re definitely talking about the latter. The formula isn’t going to drive total spending (this remains the legislature’s prerogative), what it is going to do is decide how the total amount will be split up. The question is: how best to do this? At this point, it’s worth going into