Funding system

a system or scheme of finance or revenue by which provision is made for paying the interest or principal of a public debt.

See also: Funding

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
Boris Johnson has promised to reform the current funding system in which some schools receive far less cash than others.
The current school funding system, with its crushing property tax rates, is decimating the school systems and economies of dozens of New Hampshire towns and cities, with more to follow.
Meanwhile, the Secretary announced the Puerto Rico Department of Education (https://www.ed.gov/news/press-releases/puerto-rico-pilot-new-student-centered-funding-system) will be the first to pilot new flexibility under the ESSA to create a student-centered funding system (https://www2.ed.gov/policy/elsec/leg/essa/scfp/studentcentered.html).
We encourage and value public participation to ensure the funding system serves all students."
A DfE spokesperson said the NFF would "deliver the biggest improvement to the school funding system for well over a decade" and vowed it would "ensure every local authority was in a position to give schools a cash increase".
Citing the Illinois Civil Rights Act, the city is seeking to have the state's school funding system invalidated, the (http://www.chicagotribune.com/news/ct-chicago-school-funding-lawsuit-met-20170214-story.html) Chicago Tribune reported . 
Paul Bettencourt, a Patrick ally who is pushing for a transition to some type of performance-based funding system. The Houston Republican says he is keeping an open mind about what exactly it would look like.
And another issue that can't be avoided that only UKIP is committed to axing a discredited and unfair funding system - which sees less money going into public services in England than in Scotland.
UKIP have pledged to axe a discredited and unfair funding system which sees less money going to schools, hospitals and police forces in the West Midlands than in Scotland - even though Scotland is richer.
UKIP pledged to axe a discredited and unfair funding system which sees less money going to schools, hospitals and police forces in the North East than in Scotland - even though Scotland is richer.
LEADERS of all the major parties face a rebellion - when MPs demand changes to a funding system which ensures Scotland gets an unfair share of spending.
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