This book was prepared by the research staff of the special Committee on Equal Educational Opportunity of the Oregon legislature to examine alternative patterns of school finance reform that have been considered for adoption in Oregon. It presents analyses of a variety of school finance formulas, discusses possibilities for increasing school productivity, and offers suggestions for funding programs in special education, compensatory education, and occupational education. In addition, a separate chapter contains a detailed description and flow chart of a computer simulation model for analyzing the future impact of various school finance reform proposals. The appendix includes the actual legislative report of the Committee on Equal Educational Opportunity, as well as a glossary of specialized terms used throughout the book. (Author/JG)