Creating more comprehensive, community-based support systems and reforming early childhood financing systems are critical to advancing the goal of having all children enter school ready to learn. The Finance Project is a national initiative to improve effectiveness, efficiency, and equity of financing for education, children's services, and community building and development. This Finance Project report describes the results of a pilot learning cluster comprised of teams of decision makers and opinion leaders from selected states and communities regarding challenges and options for generating revenue for early childhood services in the wake of welfare reform. Contained in the report are summaries of information presented in nine plenary and workshop sessions: (1) issues and challenges in financing early childhood services; (2) overview of issues and options for generating revenue; (3) reforming state and local tax systems through tax incentives; (4) creative use of federal funds to support an early childhood agenda; (5) managed care financing; (6) reforming state and local tax systems through revenue-raising options; (7) reinvestment strategies; (8) economically targeted investments; and (9) decategorization of programs to better address multiple and interconnected needs of children and families. The first session elicited views of federal state, and local leaders; the second, showcased national experts on financing options and issues. The remaining sessions were comprised of a presentation by a national expert, sharing of experiences by state and local leaders, and a question-answer period. Three appendices contain members of the planning and oversight group and the learning cluster teams and the meeting agenda. (KB)