The first part of this document (and Appendix A) focuses on New Jersey as a microcosm of the problems, questions, and issues involved in revising the existing system of how school costs are paid. New Jersey is particularly suited for such analysis because for years it depended heavily on the local school property tax, to an even greater extent than do other States. Additionally, the contrast between the State's wealthy suburban districts versus poor urban areas is especially marked, and its legislature has been ordered to effect financing reform by the Robinson vs. Cahill decision. However, New Jersey is not the only State on the verge of educational reform. Other States have already instigated, or are currently contemplating, changes for the future. Section 2 (Appendix B) summarizes these effected or anticipated modifications in an effort to expand the extensive New Jersey analysis by summarizing the evolution of school financing reform. Section 3 (Appendix C) complements the author's previous analyses by listing some State-professional research reports and other materials especially suited for school funding policy analysis. (Author)