Presents a conceptual framework showing that state policy choices affecting division of school financing responsibilities and targeting of state aid to poorer school districts determine the degree of taxpayer equity. The framework explains the relationship between taxpayer and pupil equity and provides indicators to evaluate how state school…

Analyzes 1990-91 school finance data for six New England states. Examines state support for local education, distribution of state aid in relation to local wealth differences, these policies' effect on funding equity for local taxpayers, and the relationship between taxpayer equity and per-pupil spending disparities. Only Maine and Vermont have…