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The problem with that is, as always, is implementation. Texas has statewide funding for schools that is pooled from local property taxes. The ongoing fight is that it's a Robin Hood system; it "robs" from the rich and gives to the poor. I live in a small district with high property values, so under the state formula, we actually send more tax money out of the district than we retain. It sucks, but the local school foundation makes up for it with fundraising that frankly astonishes me. Perhaps a better example of the system's failings is Houston, which is also a "rich" school district. Due to the very valuable downtown property, it also collects more in taxes than the state says Houston schools deserve. This is despite being so awful that the state engineered a takeover of the district's administration...That's also why I think a statewide funding regime for education makes the most sense. Every school should have equal per-pupil funding.
How to fix it all is a billion dollar question the Legislature hasn't figured out in the 30 years or so the system has existed. Our sh!tstain of a governor has been paid to push vouchers and "school choice", but since that's literally never worked anywhere, ever, I suspect it won't lead to better overall education here.