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Smith reports: "At a time of enormous overcrowding in public schools across California, billions of dollars in state construction money has been distributed erratically in a process based on how quickly districts can build, rather than how badly they need the money. As a result, California officials have handed out more than $6.8 billion in school construction funds over the last decade, yet have failed to deliver a single dollar to more than 100 of the state's fastest-growing school districts." Funding also varied drastically among the school districts that have received bond money over the past decade -- from $1.4 million per new student in one district to $29 per new student in another district.