Getting to grips with England's formula for local authority support
Mervyn Stone
Public Money & Management, 2012, vol. 32, issue 2, 145-152
Abstract:
A Department for Communities and Local Government formula is currently granting over 20 billions of pounds sterling to the 456 local authorities (LAs) of England. This article analyses the remarkable sensitivity of the formula to coordinated changes in the small allocations to Wokingham and Richmond upon Thames (that do not change the total grant)—some big LAs experience large absolute changes in funding while small ones may undergo large percentage changes. This violation of rational principle by a world leader in the development of resource allocation formulae makes a strong case for thoughtful interdisciplinary review of any formula.
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://hdl.handle.net/10.1080/09540962.2012.656022 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:pubmmg:v:32:y:2012:i:2:p:145-152
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RPMM20
DOI: 10.1080/09540962.2012.656022
Access Statistics for this article
Public Money & Management is currently edited by Michaela Lavender
More articles in Public Money & Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().