Explores the ramifications of the wealth tax as an alternative funding source for elementary and secondary education in Florida by constructing and quantifying a wealth tax base for the state of Florida and each of its school districts. (JG)

This statistical analysis of funding equalization from 1970 to 1981 evaluates the distributional equity achieved by Florida's school finance plan and examines the relationship between selected per pupil revenue measures and variables thought to influence school district spending, concluding that greater equity has not been attained. (MJL)