There is growing state and national attention on addressing the achievement gap and increasing reading proficiency by 3rd grade. As state governments continue to face challenging fiscal conditions, there is a need to identify strategies that will lead to improved school readiness for at-risk children within state education budget constraints. The sustainable financing model for high quality preschool presented in this report is one strategy that could potentially increase the resources available to school districts to invest in high quality preschool programs for at-risk children.