For two decades, researchers at the Economic Policy Institute have been tracking nine school districts, typical of districts nationwide, to understand how the spending levels and composition in elementary and secondary education have changed over time. The first report, "Where's the Money Gone?" (1995) tracked expenditures from 1967 to…

Tests the effect of school and school district size on a model of the process used by elementary school principals to allocate teachers. Finds that the decision-making model was appropriate across all sizes of schools and for small- and medium-size districts, but not for large school districts. (FMW)

The present monograph has been "written with a view" to presenting in a simple and concise manner to the general educational public the most significant conclusions reached in the course of an extensive study of school finance, continued for several years and covering a number of states. Some of the data have been taken from bulletins of…