[settrans]

It exists in many, many states in some form or another: New Jersey (where every dollar collected from the progressive income tax is funneled redistributionarily to municipalities), Connecticut, and Vermont to name a couple.

For one eye-popping counterexample to the notion that redistributionary school funding policies are effective, it might be worth understanding what happened in Newark[0], where 75% of the school is paid for the state already.

[0] https://www.newyorker.com/magazine/2014/05/19/schooled

[heavyset_go]

Property taxes pay for local schools in NJ.

[vageli]

Yes for a portion of the school's funding. In NJ there also exist Abbott districts which receive additional funding from the state.

https://en.wikipedia.org/wiki/Abbott_district