Under power equalization, local school tax revenues would be supplemented with State aid in such a way that all school districts that levy the same local tax rate would receive from State and local sources combined the same total income per pupil. To accomplish this the State would supplement local tax collections in low wealth school districts and require high wealth school districts to pay part of their local tax collections into a State fund. The advantages and disvantages of this plan are defined and compared to the advantages of the foundation program in which high wealth districts are permitted to supplement the State-financed program from local tax sources. (Author/MLF)