More than a decade after courts found Ohio's school funding system to be unconstitutional, state lawmakers have reached a deal on a bipartisan plan that would change the way schools get their money.

It's called the fair school funding plan. In the works for over two years, Ohio lawmakers late Monday night reached a deal that would change the way schools are funded.

For years, school districts relied mostly on local property taxes. Now a new formula will be used to allow poorer school districts to get more money from the state.

The new state budget would provide nearly 11 billion dollars for districts for the next two years with an estimated per-pupil cost of $7,202, according to an analysis by the Legislative Service Commission.

"Now the schools who have less property taxes will be brought up to other schools in equal levels in the same area urban and suburban schools will look the same in their funding," said State Rep. Michele Lepore-Hagan.

The plan also contains language that could help schools like Youngstown get out from under the state-controlled Academic Distress Commission.

The district would need to develop a three-year academic improvement plan and have that approved by the state superintendent.

"And then the Youngstown city schools will have three years to meet those goals and those benchmarks," added Lepore-Hagan.

School CEOs would remain for at least another year.

The budget also requires the state -- and not individual districts -- to pay charter schools directly.

Increases will be made for vouchers to students to attend private schools: $5,500 for grades K-8 and $7,500 for high school students.