Because the system still depends on local property wealth as a major source of funding, the wide variation in the property tax levels can not be ignored. (waef.net)
It is up to each district to choose its desired level of taxation, and then the state provides aid to equalize the tax yield, thereby reducing inequities in local property wealth. (edweek.org)
In this plan, school funding would be the responsibility of the state, not the locality, and the distribution of state funds for schools would have nothing to do with the distribution of local property wealth. (americanprogress.org)