Despite nearly two decades of commissions, analyses, op-eds and speeches, a series of court rulings, legislative changes, and the expenditure of billions of dollars, Ohio still does not have a school funding system that delivers the results the Buckeye State needs. Student achievement still remains low for the globalizing world that young Ohioans will enter and achievement gaps continue to undermine the promise of educational opportunity for all. To address these issues, this report recommends that state policymakers move toward a system of weighted system funding (WSF), in which: (1) Dollars follow students to the public schools they choose to attend; (2) Funding is weighted according to each student's educational needs; and (3) Schools have flexibility to spend the funds in ways that maximize results for their pupils. Because of the political and technical challenges of implementation, it is recognized that WSF cannot be implemented overnight. By setting weights for different students and planning transition to a new system, the report advocates that state policymakers can take initial steps to provide Ohio schoolchildren and taxpayers the education finance system they need and deserve. Two appendices are included: (1) How WSF Might Play Out in Ohio Schools and Districts; and (2) Per Pupil Allocations--Columbus Elementary School Sample. (Contains 29 endnotes and 14 figures.)