This research explores the differences in revenue reported after accounting for charter funds passing through district budgets between Florida’s traditional schools and charter schools at both the state level and the individual district level. Differences in the percentage of the revenues the schools are expending on instructional services are also explored at both the state and district level. Finally, a statistically significant relationship between the schools revenue and instructional expenditures on student achievement is explored with each school model at the state and district level. Four implications are reported from the results found.