Risk-Based Funding in Homeland Security Grant Legislation: Analysis of Issues for the 109th Congress [Updated October 21, 2005] [open pdf - 118KB]
"This CRS report addresses the following four policy issues that may confront the conferees as they consider how homeland security funds are to be allocated to the states:  What is the difference between a guaranteed base allocation and a guaranteed minimum allocation? What is the conceptual difference, and how would the difference affect the amount of money states would receive?  What risk factors should be included in a risk-based funding formula?  Should natural and technical disaster risks be considered as factors?  Who should determine the risk factors? This report will be updated as congressional action warrants."
CRS Report for Congress, RL33050