Under Ohio's existing educational finance plan, the power of school districts to purchase the educational resources commensurate with each district's educational needs is far from equal. Consideration of four specific potential reforms, separately and in combination, indicates that greater equity can be obtained. If Ohio is to avoid substantial increases in the tax burden on voters, property tax diversion is the most plausible means of gaining equalization leverage in school finance. Property tax diversion would sharply reduce those inequities due to wealth disparities among districts, but it would tend to hurt central city districts. Introducing a poverty factor would bring substantial relief to high poverty districts. Introducing a cost factor would bring relief to districts that face high resource costs. A package of the four reforms would be extremely effective in enhancing equity in Ohio school finance, while also permitting a continued role for school district financial discretion. These reforms have been tested by use of a computer simulation. An appendix presents part of the user's manual for this simulation program, to provide the reader an opportunity to study the program's power and limitations. (Author/PGD)