As CA continues to wrestle with the challenges of providing sufficient funding for schools, understanding the relationships among school funding, effective school resources, and outcomes is essential. In this seminar Norton Grubb addresses four principal questions: (1) What kinds of school resources make a difference to outcomes? (2) Why is the relationship between spending per student and outcomes so weak? (3) Why are outcomes so inequitable? (4) And what should CA do now, in both school finance and other areas of school policy, to avoid further damage to the state’s education system?