Document Number: 7303Funding Gaps 2006 - America’s school finance policies and systems create inequities that shortchange low-income and minority students and the schools and districts that serve them, according to this report. The authors offer analysis on three levels. Federal education funds for low-income students are distributed among states that benefit rich states over poor states. Spending differences among school districts within states shortchange their highest poverty and highest minority school districts. And finally, school districts spend less money spent in schools serving the most disadvantaged students. (Education Trust, 2006)...