Texas state District Judge John Dietz held the Texas school financing system violates the Texas state constitution Wednesday, because it does not provide equal funding to both rich and poor students.
Texas allocates funds to its schools by siphoning money from wealthier school districts and into poorer ones. Judge Dietz gave the state legislature one year to replace the system. The text of Judge Dietz's decision is not yet available online. The Houston Chronicle has more. The Texas Education Agency has a school finance website with online resources here. The state of Texas maintains a school funding project website.