It is asserted that conventional school finance analysis must address itself to the social realities of politics and dealing with state legislatures, thus disputing some of the theses offered by Daniel C. Morgan in a previous article. (EH)

Analyzes the fiscal implications of equal educational opportunity as they apply to the schools of New York City, by first placing the discussion in a national perspective and then turning to recent court decisions that have invalidated school finance systems as violations of the Fourteenth Amendment of the Constitution. (RJ)

First discusses the actual prospects for school finance following from Serrano v. Priest'' and subsequent court decisions, and then suggests how such reform may possibly help to bring about important changes in the hierarchy of jobs and the distribution of income. (Author/JM)

The principle of fiscal neutrality is that school spending may not depend on the wealth of localities: if local units are to select spending levels, the state must eliminate the influence of the varying wealth of these units by matching grants. (Author/JM)

Describes the range of reforms that might result from the equal protection suits and assesses their educational consequences, good and bad, as well as assessing equal protection remedies in terms of their potential for education reform. (Author/JM)

Whether the U.S. Supreme Court reverses the Rodriguez v. San Antonio Independent School District (1971)'' decision or upholds it, ordering that state school finance systems not make expenditures a function of local wealth, federal aid can play an important role. (JM)