This report projects Texas school costs to 1982-83 under the present school finance system and suggests alternatives for modifying the projections. It also considers high and low cost projections, foundation costs by program, student and teacher populations, the financing of special programs, the cost of salary increases, and State costs of teacher retirement. Two general alternatives presented as ways that projected school finance cost increases might be modified are: (1) prospective overall State-local increases could be limited, and (2) the distribution of costs between State and local districts could be altered. (Author/DN)