This report describes the 1979-80 program for financing public K-12 and adult education administered by school districts in Florida. The intent is to supply general information for those having a casual interest in state funding of schools. In addition, the document should be a useful reference for individuals wishing to identify legal authorization for various portions of the funding program. The first section of the report describes key features of the Florida Education Finance Program and provides background information about local, state, and federal support of education in the state. The second section identifies legal authorizations, outlines the requirements for participation, defines terms, and describes the current formula for distributing state funds to public schools. (Author)