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"Appendix: Formula Budgeting and the Financing of Public Higher Education: Panacea or Nemesis for the 1980s?"
Author: McClintock, David L.
Published In: Formula Budgeting: An Approach to Facilities Funding
Date: 1980

Reprints the Fall 1979 newsletter The AIR Professional File, The Association for Institutional Research by Francis M. Gross.  Covers the budget formula, characteristics of budget formulas, 22 states using formula budgeting, formula pitfalls in the eighties, linear cost syndrome, self-fulfilling average cost prophecy, formula numbers game, and alternatives to formula pitfalls.  Includes unannotated bibliography and tables.

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