This is the same as California.
EDIT: I was wrong, and explain it as a comment below.
No, it isn't.
(1) California property tax stays local, and is not pooled,
(2) However, due to Prop 13, property taxes are very small in California, and just over half of total funding for school districts comes from the state,
(3) Distribution of funding (either just the state funds or total funding) is not equal per-student across districts, with per student expenditures ranging widely across districts.
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My mistake, I know that most of school funding came from the state but I thought it was because it was from property taxes being collected. In fact it's from state income tax and sales tax.
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