This study examines how California's system of school facility finance, and the level and distribution of funding for K-12 school facilities, has changed over the decade since 2006. This report addresses five broad questions related to the way California finances its school facility needs: (1) How has California's system of school facility finance evolved over the last 10 years; (2) How has the level of school facility funding in California changed over time and how does it compare to the level of funding in other states; (3) How is funding for new school construction and modernization distributed across school districts; (4) Are disparities in school facility funding systematically related to school district property wealth, income, the share of disadvantage students and the racial/ethnic composition of school districts; and (5) How has school facility funding for charter schools changed over the last decade and how does facility funding for charter schools in California compare to other states? [For the related research brief, see ED588343.]