See the table below. TISA is a student-based funding formula, and the BEP is a resource-based funding formula.
Student-Based Formulas
- Inherently responsive to changes in student demographics
- Flexible at the district and school levles
- Responsive to changes in pedagogical methods
- Calculation is clear and transparent
Resource-Based Formulas
- Reflect a particular, frozen-in-time vision of education
- May include more limited-use funds
- Can be responsive or non-responsive to changes in student demographics, depending on design