Lawmakers have spent the last six years touting Florida's showing in the annual ranking of state education systems.
That is likely to end in 2015.
Florida came in 28th in the latest rankings, released Thursday by the national magazine Education Week.
The Sunshine State had been in the top 11 since 2009. It was ranked fifth-best in 2010.
Education Week changed its criteria for ranking the states last year, shifting the focus from public policy to student outcomes. No rankings were published in 2014.
Under the revised formula, Florida posted above-average scores for student achievement. The state earned points for high Advanced Placement scores, as well as successful efforts to shrink the achievement gap between poor students and their more affluent peers.
But Florida continued to lag most other states in education funding.
The magazine calculated Florida's spending to be $9,120 per student -- $2,615 less than the national average of $11,735.