
I know there have been studies done, at least in Massachusetts, that shows there is not really a direct correlation between how well a school performs and how much money is spent per student.
We have other forms of reform here. Schools that don't perform satisfactorily can find themselves being taken over by the state. Most communities don't want such action taken and end up taking the necessary steps to correct the problems. I find, it isn't money, but ensuring that the proper curriculums are in place, that qualified teachers are hired, etc.