The phrase "a formula that allocates" is correct and usable in written English.
You can use it when discussing a mathematical or systematic approach to distributing resources, tasks, or values.
Example: "The study presents a formula that allocates resources based on the needs of each department."
Alternatives: "a method that distributes" or "a system that assigns".
One that's sometimes discussed is "unitary" taxation, under which all countries agree to a formula that would allocate the worldwide profits of each company among the countries in which it has operations, employees, assets and revenues.
Additionally, he proposes reforms to Chapter 70 school funding, a formula that determines how aid is allocated to school districts, which would encourage more school districts to create early education programs.
Yet for the past 30 years, these grants have been allocated using a formula that does not consider how good a job the recipients are doing.
However, the effectiveness of this grant is questionable, given it was earmarked for broad purposes and allocated by a formula that is not competitive or need-based.
Last year, for example, Culberson's spending panel adopted a formula that would have required NSF to allocate 70% of its research dollars on the four favored directorates.
These proportions are then further allocated according to a formula that is based on evidence and need (need was defined in terms of the number of beds per directorate, medical emergencies, and the patient load).
The trick has been to move funding from the local school districts to the provinces, which then allocate resources according to a formula that takes into account a school district's size, needs and local demographics.
The $5.5 million in federal aid is being distributed under a formula that favors large school districts within New York City, like Staten Island, because the board allocates the biggest grants to districts that have 80 or more students who lost family members or neighbors in the attacks.
It's a formula that has worked.
Work to find a new formula that allocates quotas more fairly should be completed by next April and adopted a year from now.
