This article provides information on Maryland's state education finance and governance. The state provides a foundation funding program, which guarantees a minimum or foundation level of per-pupil expenditures for children in all the state's school systems; this is done through a combination of state aid and local revenue. In 2002, Maryland…

Analysis of developments in school finance from 1971 to 1982 reveals that, although revenue equity is moderate by national standards, Maryland ranks poorly on measures of wealth neutrality. Reform efforts have had little effect on equity due in part to the relatively low level of the foundation. (MJL)