The purpose of this study was to examine the extent to which students in districts that have moderate or significant levels of capital funding through building and bond funds are placed at a relative resource advantage compared to students in districts with fewer funds from these two sources. Additionally, the study examines the extent to which crossover funding impacts the equity of current education fiscal support. The results indicate that current operations funding in the state are distributed with a relatively high degree of fiscal equity, whereas capital funding is inequitably distributed. The existence of crossover funds has a small but significant effect on the equity of current operations funding.