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I support centralized baseline funding for public education, but I also recognize that such funding will not end disparities. 
Educational outcomes are based upon so many factors and there are countless examples of good outcomes with low funding and vice versa.
An important decision for more centralized funding, but only time will tell if the decision leads to any meaningful or durable change. I fear that local interests are too entrenched to allow for a shift to state-led funding (rather than local funding). >

I'm in CA and we have central funding. Disparities still exists. Much of the nice to haves (arts, field trips, etc.) are funded by PTAs which rely on local parent contributions.