Chapter 2 of the Education Consolidation and Improvement Act (ECIA) reduced and redistributed federal aid to education, moving funds from targeted areas of need to all areas regardless of need. States were unable to make up for significant losses in aid sustained by local districts. (TE)

Although schooling in Australia has been traditionally the responsibility of the states, increased specific grant funding, based on fiscal performance equalization, has led to a more active role for the Australian federal government in influencing education outcomes. A possible consequence is a loss in diversity of the educational system.(TE)

This article reviews the current status of school finance in California in the aftermath of Proposition 13 and the Serrano v. Priest decision (which required determination of school funding on some basis other than district property wealth). Specific trends and directions regarding reform issues of the future are identified. (TE)

Most arguments for fiscal equity in financing America's schools have been based on constitutional provisions and on the socio-political dogma that underlies a democratic society. This paper approaches the subject using as its theoretical basis a document even more basic to the founding of the republic than the Constitution--the Bible. Using the…