This paper describes funding formulas for the new Foundation School Program in Texas enacted under the Education Opportunity Act (H.B. 72), raises issues that have accompanied its first year of implementation, and provides preliminary data to compare prior and existing law. The state finance system, which previously distributed state aid according…

This study examines the current Texas school finance plan, the finance plans and proposals of other states, national school finance research, and the results of a survey of Texas leaders and educators before presenting alternative revenue and distribution plans, their effects and costs, and possible revenue sources. The study was conducted under…

Wide scale reform in Texas education financing was enacted in 1984 under the Equal Education Opportunity Act (Texas House Bill 72). This paper examines the reform through an analysis of the newly enacted weighted pupil Foundation School Program (FSP) during the 1985-86 school year. Two modes of inquiry were used: correlational analysis between…