Elaborates on distinctions between different formulations of taxpayer equity. First, taxpayer equity is examined from the school finance perspective, then notions of taxpayer equity that are more consistent with public finance views, but that can and have been applied to education, are introduced. (Author/IRT)

Various simple ex post wealth neutrality measures capture different aspects of the concept; the use of one measure alone or several measures independently can lead to interpretation problems. The Adjusted Relationship Measure is introduced to pay attention to actual revenue differences associated with wealth differences. (Author/BW)

Systematically analyzes the relationships between the goals and the tools of educational finance plans. Argues that an improved understanding of policies that affect school finance equity can be obtained by viewing equity in terms of a conceptual framework and by describing school finance plans in terms of their structural elements. (Author/IRT)

The Educational Priorities Panel undertook a study to find out how funds are distributed among community school districts in New York (New York) and how resources are distributed to individual schools within the system. For the first time, in 1992, the New York City Board of Education published detailed budgets for the 32 community school…