In his 2012-13 budget Governor Brown proposed a new system for allocating state revenue among California school districts. By all accounts the current system is complex and opaque. In contrast, the proposed system--a weighted pupil funding formula--is simple and transparent. Using the PPIC School Finance Model, we compare how this formula would allocate revenue among districts with the actual allocation of revenue in 2010-11. As the weighted pupil funding formula is phased in, school districts with high percentages of disadvantaged students would receive relatively large increases in revenue compared to other districts. These proposed changes reflect clear priorities on the part of Governor Brown--in particular, providing substantially greater resources for groups of students who, on average, are less academically successful than other students. (Contains 4 figures, 2 tables and 4 footnotes.) [Funding for this paper was provided by the Silver Giving Foundation. For related reports, see "Funding Formulas for California Schools: Simulations and Supporting Data. Occasional Paper" (ED502247) and "Funding Formulas for California Schools II: An Analysis of a Proposal by the Governor's Committee on Education Excellence. Occasional Paper" (ED502249).]